Rigorously tested for accuracy and speed, this Wisconsin salary payroll calculator makes getting everyone paid a much easier process. It’s also backed by a tax database that’s constantly updated with the latest tax data. With so many advanced tools together in one place, you can take guesswork out of the payroll process and eliminate unnecessary frustration along the way.
Below, you’ll find three of the most frequently-asked-questions about our free salary payroll calculator and Wisconsin state income taxes:
- Do Wisconsin residents pay a personal state income tax?
Yes, the state uses a progressive tax structure that’s comprised of four different tax brackets. Wisconsin residents currently pay between 3.86% and 7.65% in state income tax.
- How does Wisconsin tax capital gains?
According to Wisconsin state tax law, investors can exclude 30% of their earnings from capital gains.
- Does Wisconsin have tax reciprocity with other states?
Yes. Wisconsin has established tax reciprocity with Indiana, Illinois, Michigan, and Kentucky.