Level 12
Level 12
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33% is correct. From WI pub 126: The Wisconsin penalty is equal to 33% of the federal penalty tax. The Wisconsin penalty does not apply if the
distribution is from a local or state retirement system or federal retirement system and the distribution is exempt
from Wisconsin tax (see "Local and state retirement systems" and "Federal civilian employee retirement systems" in
Part 4.D. on page 5)

Link: https://www.revenue.wi.gov/DOR%20Publications/pb126.pdf

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