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On the flip side, other retirement income, such as 401(k) and IRA withdrawals, is subject to state tax. Wisconsin's income tax ranges from 3.5% to 7.65%, depending on your income level.
Residents of Wisconsin pay between 3.50% and 7.65% state income tax on their retirement benefits. If your AGI is less than $30,000 for joint filers or $15,000 for all other filers, you can deduct ...
Dig deeper: How all 50 states tax retirement income: A comprehensive list. ... Wisconsin. Washington, D.C. Does the federal government tax Social Security benefits? Yes. The federal government ...
Remember, too, that there are different kinds of retirement income, such as from pensions, Social Security, annuities, and retirement account withdrawals -- and the tax hits may be different for ...
New Hampshire doesn’t tax personal income, but it does have a 4% tax on dividends and interest with a total gross from all sources of $2,400 for individuals. This tax is set to be phased out by ...
The 10 Most Tax-Friendly States for Retirees. Kiplinger. Updated July 14, 2016 at 9:42 PM. Retirement Alaska.
Moving to a tax-friendly state can save you money in retirement. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ...
If you want to stretch your retirement savings as far as possible, don't focus solely on the cheapest places to retire. Pay attention to taxes in the places you're considering, too, because they ...