Calculate your federal and Wisconsin capital gains tax liability
Calculate Your
Wisconsin Capital Gains Tax
Wisconsin taxes capital gains as ordinary income up to 7.65% but allows a 30% deduction on long-term gains (60% for farm assets).
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Wisconsin Capital Gains Tax Highlights
Enter Your Investment Details
Calculate your capital gains tax for Wisconsin
📊 Enter your annual taxable income before including this capital gain. This determines your capital gains tax bracket.
📊 Choose your investment holding period
Calculator optimized for Wisconsin tax rates
Tax Calculation Results
How Wisconsin Taxes Capital Gains
Wisconsin taxes capital gains as ordinary income up to 7.65% but allows a 30% deduction on long-term gains (60% for farm assets).
Special Deduction Available
30% deduction on long-term capital gains (60% for farm assets)
2025 Tax Brackets
Wisconsin Tax Details
Tax Rate Structure
Wisconsin provides preferential treatment for certain types of capital gains.
Key Requirements
On qualifying gains
Wisconsin Tax Strategies
- • Maximize deductions by holding assets for required periods
- • Time gains to optimize deduction benefits
- • Consider staggering sales across tax years
• Consult with Wisconsin tax professional for complex situations
Related Tax Services
Real Estate in Wisconsin
Real estate capital gains in Wisconsin are subject to both federal and state tax considerations:
Wisconsin Real Estate Deductions
Wisconsin offers 30% deduction on long-term capital gains (60% for farm assets) for capital gains, including real estate transactions. This can significantly reduce your state tax liability.
Primary Residence
Federal Rules
Wisconsin State Rules
State deduction available
30% deduction on long-term capital gains (60% for farm assets)
Additional Requirements:
- • Follows federal IRC Section 121. The 30% state capital gains deduction also applies to qualifying gains.
Investment Property
Tax Deferral Strategies
1031 Like-Kind Exchanges
Defer federal taxes on investment property exchanges
Transfer Costs
Transfer Tax
Available Exemptions:
- • Certain family transfers
- • Transfers to secure a debt.
Recording Fees
Additional Fees:
- • Uniform fee statewide.
Special Deductions & Notes:
- • The 30% exclusion applies to long-term gains from investment properties.
Investment & Tax Services
Property Tax Exemptions
Homestead
$1K
Maximum exemption
Wisconsin Real Estate Specifics
• Wisconsin has a Real Estate Transfer Fee of 0.3%, paid by the seller.
• The state does not conform to federal bonus depreciation.
• The Homestead Credit is an income tax credit for property taxes paid, available to both homeowners and renters with low-to-moderate income.
• The Lottery and Gaming Credit provides a direct reduction on property tax bills for primary residences.
Real Estate & Investment Services
Wisconsin Filing Requirements
Due Dates
Required Forms
- • Form 1
- • Capital gains schedule
- • Federal Form 8949 & Schedule D
Payment Options
- • Online payment portal
- • Electronic funds transfer
- • Check or money order
Tax Professional Services
Tax Calculation Results
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