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sunflowers3
Level 2
January 22, 2026
Question

State of Wisconsin - Retirement Income

  • January 22, 2026
  • 1 reply
  • 28 views

Doing my taxes for Wisconsin I was asked if I wanted to take the retirement income subtraction or not?

It looks like I would lose a lot of nonrefundable credits.

I am itemizing but I will probably go with standard deduction.

Any advice?

    1 reply

    B
    BillM223
    Level 15
    January 23, 2026

    Please review Wisconsin's Schedule CR, because I would say that these are the less common credits. If you are not eligible for any of these credits, there is no harm in taking the retirement income subtraction.

     

    Of course, the complete answer depends on your actual tax information, which we in the Community can not see.

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