Personal Income Tax in Wisconsin

April 13, 2006

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If you are a resident or nonresident of Wisconsin and receive taxable income individually from property owned or business transacted in Wisconsin, you are subject to tax on net income. Therefore, if you are operating your business as an S corporation, partnership, limited liability company, or sole proprietorship, you will be subject to a personal income tax on your business income that passes through to you.

The following rates apply for the 2006 tax year to the amount of income over the exempted amount:

Married Persons Filing Jointly
Taxable Income	Tax Rate
$0 to $12,210	4.6%
Over $12,210 to $24,430	$561.66 plus 6.15% on all taxable income over $12,210
Over $24,430 to $183,210	$1,313.19 plus 6.5% on all taxable income over $24,430
Over $183,210	$11,633.89 plus 6.75% on all taxable income over $183,210

Married Persons Filing Separately
Taxable Income	Tax Rate
$0 to $6,110	4.6%
Over $6,110 to $12,210	$281.06 plus 6.15% on all taxable income over $6,110
Over $12,210 to $91,600	$656.21 plus 6.5% on all taxable income over $12,210
Over $91,600	$5,816.56 plus 6.75% on all taxable income over $91,600

Single Individuals, Fiduciaries, and Heads of Households
Taxable Income	Tax Rate
$0 to $9,160	4.6%
Over $9,160 to $18,320	$421.36 plus 6.15% on all taxable income over $9,160
Over $18,320 to $137,410	$984.70 plus 6.5% on all taxable income over $18,320
Over $137,410	$8,725.55 plus 6.75% on all taxable income over $137,410