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This is the eighth highest in the US.",[986],{"type":129,"attrs":987},{"color":12},{"text":775,"type":22,"marks":989},[990],{"type":129,"attrs":991},{"color":131},{"type":764,"attrs":993,"content":994},{"level":766},[995,1001],{"text":996,"type":22,"marks":997},"Wisconsin Motor Tax",[998,999],{"type":38},{"type":129,"attrs":1000},{"color":12},{"text":775,"type":22,"marks":1002},[1003],{"type":129,"attrs":1004},{"color":12},{"type":18,"content":1006},[1007],{"text":1008,"type":22,"marks":1009},"Wisconsin residents must pay the five percent sales tax when purchasing vehicles. As with sales tax, counties and cities impose their own rates of up to 0.5 percent.  ",[1010],{"type":129,"attrs":1011},{"color":12},{"type":18,"content":1013},[1014],{"text":1015,"type":22,"marks":1016},"Vehicle owners should also be aware of fuel taxes in the state. Regular gas is taxed at 30.9 cents per gallon, and diesel is at 30.9 cents per gallon. This is some of the highest rates in the country.  ",[1017],{"type":129,"attrs":1018},{"color":12},{"type":764,"attrs":1020,"content":1021},{"level":766},[1022,1028],{"text":1023,"type":22,"marks":1024},"Wisconsin Estate Tax",[1025,1026],{"type":38},{"type":129,"attrs":1027},{"color":12},{"text":775,"type":22,"marks":1029},[1030],{"type":129,"attrs":1031},{"color":12},{"type":18,"content":1033},[1034],{"text":1035,"type":22,"marks":1036},"Wisconsin does not impose inheritance or estate taxes.  ",[1037],{"type":129,"attrs":1038},{"color":12},{"type":18,"content":1040},[1041],{"text":1042,"type":22,"marks":1043},"However, it’s important to remember federal estate tax can still apply if your estate is above a certain threshold ($12.92 million in 2023); otherwise, there will be no fees on the estate or inheritance you leave behind.    ",[1044],{"type":129,"attrs":1045},{"color":12},{"type":18,"content":1047},[1048],{"text":1049,"type":22,"marks":1050},"Also, if you live in Wisconsin but inherit an estate from someone living in a state with estate tax, you must abide by local regulations.    ",[1051],{"type":129,"attrs":1052},{"color":12},{"_uid":1054,"component":1055,"apply_margin_top":543,"apply_margin_bottom":543},"14fa2959-e086-467f-be41-1094fd0a4799","app-match-flow",{"_uid":1057,"data":1058,"component":793},"842a5ac2-ce5f-4735-a658-f18a98f32cb2",{"type":15,"content":1059},[1060,1069,1073,1077,1081,1095,1103],{"type":764,"attrs":1061,"content":1062},{"level":766},[1063,1067],{"text":1064,"type":22,"marks":1065},"Wisconsin Retirement Tax",[1066],{"type":38},{"text":1068,"type":22}," ",{"type":18,"content":1070},[1071],{"text":1072,"type":22},"When it comes to taxing retirement income, similar to other states, Wisconsin partially taxes the income.  ",{"type":18,"content":1074},[1075],{"text":1076,"type":22},"Income from Social Security is tax-exempt. While income from pension and other retirement accounts, such as 401(k) and IRAs, are subject to state income tax.  ",{"type":18,"content":1078},[1079],{"text":1080,"type":22},"However, in Wisconsin, taxpayers aged 65 and over can deduct up to $5,000 from their income subject to income tax if they meet certain criteria, including: ",{"type":909,"content":1082},[1083,1089],{"type":912,"content":1084},[1085],{"type":18,"content":1086},[1087],{"text":1088,"type":22},"Have a federal adjusted gross income (AGI) of less than $15,000 ",{"type":912,"content":1090},[1091],{"type":18,"content":1092},[1093],{"text":1094,"type":22},"Have a federal AGI of less than $30,000 if married (regardless of whether filing jointly or separately) ",{"type":18,"content":1096},[1097,1101],{"text":1098,"type":22,"marks":1099},"For further tax guidance and to ensure you’re not paying more tax than you need to, it’s wise to speak to an expert. A financial advisor can help you handle all your tax queries and ensure you’re not paying more tax than needed. ",[1100],{"type":38},{"text":1102,"type":22},"      ",{"type":18,"content":1104},[1105,1112],{"text":1106,"type":22,"marks":1107},"Find your financial advisor with Unbiased",[1108,1110,1111],{"type":31,"attrs":1109},{"href":55,"uuid":34,"anchor":34,"target":839,"linktype":36},{"type":38},{"type":843},{"text":1113,"type":22},".",[1115],{"_uid":1116,"image":1117,"title":1122,"component":1134,"breadcrumbs":558,"hideHeroImage":543},"40398d22-8642-42c7-80e3-982e5eb3a5dc",{"id":1118,"alt":12,"name":12,"focus":12,"title":12,"source":12,"filename":1119,"copyright":12,"fieldtype":1120,"meta_data":1121,"is_external_url":543},12237171,"https://a.storyblok.com/f/185166/1862x1241/5bd415491e/wyoming-tax-guide.webp","asset",{},{"type":15,"content":1123},[1124],{"type":18,"content":1125},[1126,1132],{"text":1127,"type":22,"marks":1128},"Tax in Wisconsin",[1129],{"type":25,"attrs":1130},{"class":1131},"primary-gradient",{"text":1133,"type":22},": a complete guide","app-hero",{"name":1136,"created_at":1137,"published_at":1138,"updated_at":1139,"id":1140,"uuid":1141,"content":1142,"slug":1152,"full_slug":1153,"sort_by_date":34,"position":1154,"tag_list":1155,"is_startpage":543,"parent_id":1156,"meta_data":34,"group_id":1157,"first_published_at":1158,"release_id":34,"lang":730,"path":34,"alternates":1159,"default_full_slug":34,"translated_slugs":34,"_stopResolving":558},"Rachel Carey","2023-03-28T10:05:08.718Z","2025-01-28T12:05:49.815Z","2025-01-28T12:05:49.832Z",283076789,"b4ce951f-89c7-4ef6-97a8-709dc6d856e1",{"job":1143,"_uid":1144,"name":1136,"image":1145,"component":1148,"education":1149,"expertise":1150,"description":1151},"Senior Content Writer","a6e3129c-eeee-4438-8204-797883981521",{"id":1146,"alt":12,"name":12,"focus":12,"title":12,"filename":1147,"copyright":12,"fieldtype":1120,"is_external_url":543},7792663,"https://a.storyblok.com/f/185166/1199x1257/2401746255/rachel-carey.jpg","article-author","Griffith College Dublin, MA (Hons) in Journalism & Media Communications","Rachel brings over a decade of experience in media, including SEO content writing, marketing, public relations, and broadcast and print journalism.","Rachel is a Senior Content Writer at Unbiased, producing content across a range of different sectors, including personal finance, retirement, and investing. She specializes in simplifying intricate financial terms into clear, engaging content tailored for both B2C and B2B audiences.","rachel-carey","authors/rachel-carey",-10,[],224651374,"024abff2-15a6-4099-8ba2-25c01abe42e8","2023-04-03T07:50:42.397Z",[],[1161,1182],{"_uid":1162,"body":1163,"title":1180,"component":1181},"ca832a8a-877e-44c1-86fb-2ad3ecdffa6d",[1164,1168,1172,1176],{"_uid":1165,"href":1166,"text":1167,"component":542,"openInNewWindow":558},"c4ddcf75-382a-4424-bf90-8c60c8f7e4c5","https://www.unbiased.com/top/financial-advisors/wisconsin","Top 10 advisors in Wisconsin",{"_uid":1169,"href":1170,"text":1171,"component":542,"openInNewWindow":558},"45e9a4a4-eeb6-4c82-bcd1-a3d03497d053","https://www.unbiased.com/discover/retirement-investing/retiring-in-wisconsin","Retire in Wisconsin",{"_uid":1173,"href":1174,"text":1175,"component":542,"openInNewWindow":558},"98dff320-5a50-4960-b6a1-3147ebfda202","https://www.unbiased.com/discover/budgeting-savings/what-is-the-cost-of-living-in-wisconsin","Cost of living in Wisconsin",{"_uid":1177,"href":1178,"text":1179,"component":542,"openInNewWindow":558},"bb57ce0b-2810-4b6a-b231-eb233cb9d3cb","https://www.unbiased.com/discover/budgeting-savings/average-salary-in-wisconsin","Average salary in Wisconsin","Related to this article","app-links-list",{"_uid":1183,"list":1184,"cta_link":1185,"cta_text":1186,"component":1187,"window_label":12,"window_title":1188},"9e1efe42-5130-478c-9f5a-8671d8626f46","A financial advisor can help you with all of your tax planning needs","https://v2.unbiased.com/inquiry/financial-advisor/advice-areas","Find a financial advisor ","app-banner",{"type":15,"content":1189},[1190],{"type":18,"content":1191},[1192],{"text":1193,"type":22,"marks":1194},"Need help with your taxes?",[1195],{"type":129,"attrs":1196},{"color":131},{"title":1198,"plugin":1199,"og_image":12,"og_title":12,"description":1200,"twitter_image":12,"twitter_title":12,"og_description":12,"twitter_description":12},"Wisconsin tax guide","seo_metatags","Looking into your prospective tax burden in the state of Wisconsin? This article will take you through what you need to know, from state income tax all the way to how much tax you’ll pay in retirement.","app-article",[],[],[],"discover/taxes/wisconsin-tax-guide",-2770,[],224651381,"98cbe6c1-77f4-425a-9bbd-68b66789e828","2023-10-27T15:27:31.422Z",[],{"left":727,"top":727,"width":1213,"height":1213,"rotate":727,"vFlip":543,"hFlip":543,"body":1214},24,"\u003Cpath fill=\"currentColor\" d=\"M3.71 16.29a1 1 0 0 0-.33-.21a1 1 0 0 0-.76 0a1 1 0 0 0-.33.21a1 1 0 0 0-.21.33a1 1 0 0 0 .21 1.09a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1 1 0 0 0 .21-1.09a1 1 0 0 0-.21-.33M7 8h14a1 1 0 0 0 0-2H7a1 1 0 0 0 0 2m-3.29 3.29a1 1 0 0 0-1.09-.21a1.2 1.2 0 0 0-.33.21a1 1 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a.94.94 0 0 0 .76 0a1.2 1.2 0 0 0 .33-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1 1 0 0 0-.21-.33M21 11H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2M3.71 6.29a1 1 0 0 0-.33-.21a1 1 0 0 0-1.09.21a1.2 1.2 0 0 0-.21.33a.94.94 0 0 0 0 .76a1.2 1.2 0 0 0 .21.33a1.2 1.2 0 0 0 .33.21a1 1 0 0 0 1.09-.21a1.2 1.2 0 0 0 .21-.33a.94.94 0 0 0 0-.76a1.2 1.2 0 0 0-.21-.33M21 16H7a1 1 0 0 0 0 2h14a1 1 0 0 0 0-2\"/>",[1216,1219,1220],{"title":1217,"exact":558,"href":1218},"Home","https://www.unbiased.com",{"title":453,"exact":558,"to":466,"disabled":543},{"title":750,"exact":558,"to":1221,"disabled":558},"/discover/taxes/wisconsin-tax-guide",{"left":727,"top":727,"width":733,"height":733,"rotate":727,"vFlip":543,"hFlip":543,"body":1223},"\u003Cpath fill=\"currentColor\" d=\"m181.66 133.66l-80 80a8 8 0 0 1-11.32-11.32L164.69 128L90.34 53.66a8 8 0 0 1 11.32-11.32l80 80a8 8 0 0 1 0 11.32\"/>",1777972241225]