Earned income credit in Wisconsin
Varies
Does Wisconsin Have an Earned Income Tax Credit?
Short answer: Yes: Wisconsin offers the Wisconsin Earned Income Credit, 4% of the federal EITC with 1 child, 11% with 2, 34% with 3 or more (refundable). Only for families with at least one qualifying child; workers without children get nothing. Full-year residents only. Married couples must file jointly unless they qualify as head of household.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Wisconsin
Varies
Individuals / Personal Taxes
Yes: Wisconsin offers the Wisconsin Earned Income Credit, 4% of the federal EITC with 1 child, 11% with 2, 34% with 3 or more (refundable). Only for families with at least one qualifying child; workers without children get nothing. Full-year residents only. Married couples must file jointly unless they qualify as head of household.
Business justification
Yes: Wisconsin offers the Wisconsin Earned Income Credit, 4% of the federal EITC with 1 child, 11% with 2, 34% with 3 or more (refundable). Only for families with at least one qualifying child; workers without children get nothing. Full-year residents only. Married couples must file jointly unless they qualify as head of household. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions