WI Tax Changes
Milwaukee City and County Sales and Use Tax
Beginning January 1, 2024:
- City of Milwaukee imposes a new 2% sales and use tax
- Milwaukee County sales and use tax increases from 0.5% to 0.9%
These taxes are administered by the Wisconsin Department of Revenue (DOR). Sellers registered to collect Wisconsin sales and use tax must also collect city and county tax if making taxable sales to these locations.
The DOR is currently updating their forms, guidance, and systems to reflect the new tax rates.
Wisconsin Individual Income Tax Rate Decrease
The individual income tax rates for the first and second tax brackets in Wisconsin have been reduced, effective for taxable years beginning after December 2022. The changes are listed below.
First Tax Bracket
The individual income tax rate for the first tax bracket is reduced from 3.54 percent to 3.50 percent. The first bracket applies to taxable income as follows:
- Fiduciaries, single individuals, and heads of households – On the first $13,810 of taxable income
- Married persons filing joint returns – On the first $18,420 of taxable income
- Married persons filing separately – On the first $9,210 of taxable income
Second Tax Bracket
The individual income tax rate for the second tax bracket is reduced from 4.65 percent to 4.40 percent. The second bracket applies to taxable income as follows:
- Fiduciaries, single individuals, and heads of households – On all taxable income exceeding $13,810 but not exceeding $27,630
- Married persons filing joint returns – On all taxable income exceeding $18,420 but not exceeding $36,840
- Married persons filing separately – On all taxable income exceeding $9,210 but not exceeding $18,420
Note: The tax brackets may be adjusted for inflation each year. The amounts shown above reflect the tax brackets for the 2023 taxable year.
