Wisconsin State Tax Filing

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Wisconsin Tax Details

This year Wisconsin has reduced their tax rates for the first two brackets. The first bracket is reduced to 3.54% and the second bracket is reduced to 4.65%.

Form 1 has been redesigned. The additions to income have been moved to Schedule AD. Subtraction modifications have been moved to Schedule SB.

The subtraction for contributions to a Wisconsin college savings account has been increased to $3,340 per beneficiary.

The subtraction for tuition and fees has been decreased to $6,972 per student and the phase-out range has been increased.

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