Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
cmm53
New Member

Is my pension for Wisconsin Retirement System taxable in Wisconsin

I want to know if Wisconsin Retirement system pension is taxable in Wi

1 Reply
IreneS
Intuit Alumni

Is my pension for Wisconsin Retirement System taxable in Wisconsin

You (and/or your spouse if married filing a joint return) may subtract up to $5,000 of certain retirement income if:

  • You (or your spouse if married filing a joint return) were 65 years of age or older on December 31, 2017, and
  • Your federal adjusted gross income (line 1 of Form 1) is less than $15,000 ($30,000 if married filing a joint return).

If married filing a separate return, the sum of both spouses’ federal adjusted gross incomes must be less than $30,000.

TurboTax will calculate the exclusion for you.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic AdsDynamic Ads
Privacy Settings
v