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June 1, 2019
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I receive a pension from the state of Illinois. If I move to Wisconsin, will I pay tax on that pension?

  • June 1, 2019
  • 1 reply
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Best answer by SteamTrain

Yes, you will.

Pensions are taxable according to the laws of the state you live in.  Wisconsin only exempts pension $$s from certain WI-Govt pensions,  Military, and  some US Govt pensions.   

If you do decide to move to WI, it's worth reading all of this WI Pub for retirees, but this particular question is answered at section 3.B.  (the top of page 4):

https://www.revenue.wi.gov/DOR%20Publications/pb106.pdf

1 reply

SteamTrain
Employee
June 1, 2019

Yes, you will.

Pensions are taxable according to the laws of the state you live in.  Wisconsin only exempts pension $$s from certain WI-Govt pensions,  Military, and  some US Govt pensions.   

If you do decide to move to WI, it's worth reading all of this WI Pub for retirees, but this particular question is answered at section 3.B.  (the top of page 4):

https://www.revenue.wi.gov/DOR%20Publications/pb106.pdf

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
Employee
June 1, 2019
And, of course, Federal income tax applies equally.