Is my pension for Wisconsin Retirement System taxable in Wisconsin
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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.
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