01/30/2026
If you’re 67 or older, Wisconsin allows a Retirement Income Subtraction—up to $24,000 per person ($48,000 for married couples) of qualifying retirement income.
However, there’s an important catch:
Claiming this subtraction means giving up all other Wisconsin tax credits for the year, including any credits carried forward from prior years.
In many cases, the subtraction provides greater tax savings than the credits—but not always. That’s why this decision should be reviewed carefully as part of your overall tax strategy.
📌 Bottom line: This isn’t just a box to check—it’s a choice worth running the numbers on.
We’re currently offering individual standard deduction tax returns starting at $129 — schedule online today: https://calendly.com/carl-retirewithbuska/tax-preparation-consultation-wausau
