Tax Information for Wisconsin Employers

2026 Tax Year: Employers may receive a tax credit equal to 50% of the contributions that the employer makes to an employee’s account(s), not exceeding a maximum credit of $840 per employee.

2025 Tax Year: Employers may receive a tax credit equal to 50% of the contributions that the employer makes to an employee’s account(s), not exceeding a maximum credit of $820 per employee.

Schedule ES Tax Form : Use Schedule ES Employee College Savings Account Contribution Credit form to claim the non-refundable employee college savings account contribution tax credit. Review the Schedule ES Instructions for details.

Employers should consult a tax advisor regarding the availability and ramifications of this credit.