Wisconsin 529 Tax Deduction Calculator
2026 rulesEnter your contribution to see how much Wisconsin lets you deduct and what it saves you this year.
Your numbers
Result
Wisconsin tax saved
- Total contributed$5,000
- Deductible this year$5,000
- Wisconsin tax saved this year$265
- Saved per $1,000 deducted$53.00
Married couples filing separately get $2,640 each. Any Wisconsin taxpayer who contributes can claim it.
Wisconsin at a glance
- Benefit
- Wisconsin lets you deduct up to $5,280 per beneficiary of contributions to Edvest 529 or Tomorrow's Scholar each year.
- Carryforward
- Amounts over the limit carry forward to later years.
- Plans that count
- Edvest 529 or Tomorrow's Scholar.
- Good to know
- Married couples filing separately get $2,640 each. Any Wisconsin taxpayer who contributes can claim it.
Questions
Is there a Wisconsin tax deduction for 529 contributions in 2026?
Wisconsin lets you deduct up to $5,280 per beneficiary of contributions to Edvest 529 or Tomorrow's Scholar each year.
What can 529 money pay for without tax?
College tuition, fees, books, and room and board for students enrolled at least half time; up to $20,000 a year of K-12 tuition and expenses from 2026; apprenticeship costs; and up to $10,000 of student loan payments over a lifetime. States can treat some of these differently.
What happens to the Wisconsin deduction if I withdraw for something else?
A nonqualified withdrawal is taxed on its earnings, plus a 10% federal penalty, and Wisconsin can add back the deductions you took on the money you withdraw.
More for Wisconsin
- Wisconsin income tax calculator
- Wisconsin capital gains tax calculator
- Wisconsin estimated tax calculator