New Wisconsin Income Tax Laws
Passed in 2017

 

Effective 2017

    Wisconsin follows Federal IRC as of 12/31/16 (with exceptions)

    Some Federal tax laws from 2014-2016 were adopted by Wisconsin.

    NOL after 9/22/2017 not allowed unless loss was computed on a return filed within 4 years. NOL carryback after 9/22/2017 not allowed unless loss is claimed within 4 years of year of loss.

Effective 2018

    New limitations for Historic Rehabilitation Credits

    QCD from IRA - Same as Federal

    Research Tax Credit partially refundable

Effective 2019

    Alternative Minimum Tax eliminated