Skip to main content
Level 1
April 16, 2026
Question

WI 24K income reduction

  • April 16, 2026
  • 1 reply
  • 37 views

TurboTax does not appear to allow me to reduce my WI income by 24K.  I am 70 years old and this has approved by the state.

    1 reply

    LenaH
    Employee Tax Expert
    Employee Tax Expert
    April 20, 2026

    I did a mock return and TurboTax correctly deducted the $24,000 Wisconsin in retirement income. Please ensure that your software is updated if using TurboTax Desktop. 

     

    When using TurboTax, you should see the screen Wisconsin Retirement Income Subtraction in the first few screens of your state return. Answer yes to the question Do you want to use the Wisconsin Retirement Income Subtraction and forfeit all other Wisconsin individual credits? 

     

    To qualify, you must meet the following requirements:

    1. You must be 67 or older as of 12/31/25 to qualify.
    2. Your retirement income must be from a qualified plan.

    If you are still having difficulty getting the subtraction off of your return, please tag me in a response so I can assist you further. 

     

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"