Wisconsin

Homestead Credit (Circuit Breaker)

State: 

Year: 

Record ID: 
WI101_RR22
Variations in Receipt of Benefit : 
Benefit Varies with Income
Benefit Type: 
Circuit Breaker
Benefit: 
The benefit is a refundable state income tax credit for property taxes paid. It is determined by 2 brackets. For those with income at or below $8,060, the credit is 80% of up to $1,460 taxes paid, for a maximum credit of $1,168. For those with income above $8,060 but less than $24,680, the credit is equal to 80% of the amount by which property taxes exceed 8.785% of household income in excess of $8,060.
How is Benefit Disbursed: 
Credit to the income tax bill
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Only residential property and up to 1 acre of surrounding land is eligible for this program. If a homestead is part of a farm, up to 120 acres are eligible.
Eligibility Criteria: 
Age
Disability
Homeowner
Income Ceiling
Renter
Other Criteria
Description of Eligibility Criteria: 
The claimant must be a homeowner or renter and resided in Wisconsin for the entire previous calendar year when filing the claim. The income ceiling is $24,680. The claimant or claimant's spouse must meet one of the following criteria: (1) must be 62 years of age or older by the last day of the year before the claim is filed; (2) must be disabled; or (3) must have earned income during the year. The claimant must be over 18 years of age but not claimed as a dependent during the year the to which the claim relates, unless the claimant is 62 years of age or older. To be eligible, the claimant may not be receiving the veterans and surviving spouse property tax credit or a farmland preservation credit for the same year. Homestead credit is not allowed if the claimant received Wisconsin Works (W2) payments for all 12 months of the year.
Local Option Regarding Program Features: 
No local option regarding program features
State Funding for Local Tax Loss: 
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss: 
Benefits are provided as a credit on state income tax.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 71.07 (4);
Wis. Stat. § 71.51 ~ § 71.55 (in effect for 2022)
Source Web Page: 
Wisconsin Department of Revenue Website: Claiming a Homestead Credit
[https://www.revenue.wi.gov/Pages/FAQS/ise-home.aspx Accessed 09/11/2023]
View Archived Source
Source Publication: 
Wisconsin, Department of Revenue, Homestead at a Glance Factsheet, Factsheet 1116 (January 2022)
[https://web.archive.org/web/20220424200619/https://www.revenue.wi.gov/DOR%20Publications/1116hc.pdf Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Wisconsin Homestead Credit Situations and Solutions, Publication 127 (December 2022)
[https://www.revenue.wi.gov/DOR%20Publications/pb127.pdf Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Wisconsin Income Tax 2021 Form 1 (2021 income for filing in 2022)
[https://www.revenue.wi.gov/TaxForms2021/2021-Form1f.pdf Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Wisconsin Income Tax 2021 Form 1 Instructions
[https://www.revenue.wi.gov/TaxForms2021/2021-Form1-Inst.pdf Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Application (Schedule H) for Homestead Credit (2021 taxable information for filing in 2022).
[https://www.revenue.wi.gov/TaxForms2021/2021-ScheduleHf.pdf Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Wisconsin Homestead Credit 2021 H and H-EZ Instructions
[https://www.revenue.wi.gov/TaxForms2021/2021-ScheduleH-inst.pdf Accessed 09/11/2023]
View Archived Source
Footnote: 
For renters, property taxes are assumed to be 20% of rent if heat is included or 25% of rent if heat is not included in the rent. Applications for credits on 2021 real estate tax bills must be filed with the Department of Revenue by April 15, 2026.
Data Collection Notes: 
09/12/2023 JS Did not find evidence that the factors are indexed to inflation, so removed that language. Use for 2023 Record: Wisconsin, Department of Revenue, Homestead at a Glance Factsheet, Factsheet 1116 (January 2023) [https://www.revenue.wi.gov/DOR%20Publications/1116hc.pdf Accessed 09/11/2023] https://www.lincolninst.edu/sites/default/files/gwipp/upload/sources/Wisconsin/2023/wi_2023_factsheet1116_dor_january2023.pdf

Revision Type: 

Revision Notes: 

12/4/23 KH verified
9/12/23 JS complete
11/21/22 AMN verified
4/29/22 VO complete
11/5/21 WP verified
8/25/2020 cc created 2020 record
4/8/19 cc ok
4/5/19 LA verified
01/24/19 SAH updated Source Publication with Situations and Solutions memo and new year application forms, updated filing deadline in Benefit section for 2017 filers.
11/27/18 cc added 2018 returns ok to verifiy
5/7/18 MP updated and changed eligibility requirements to affect new leg
5/7/18 MP updated and added publications and source additional. Changes for 2017 and more coming for 2018
10/9/17 JG updated Source Publication - No legislative changes
5/4/17 EM created 16 record
5/5/16 MM added new source pub for 15
6/5/15 MM updated enrollment data, added source pub, revised benefit
10/30/14 mj created 2014 record; need to add enrollment data when released: http://www.revenue.wi.gov/report/h.html
11/6/13 updated enrollment data and source page
9/19/13 NW added enrollment data, checked for leg updates, updated source page
12/27/12 cc verified 12/20/12, AC: Verified Without Checking
11/5/2010 CS New Record
4/22/2011 cc edited and has been verified
1/17/12 DM see DCN
2/17/2012 GIR: uploaded source publication and source additional

Homeowner Property Tax Relief (Lottery and Gaming Credit)

State: 

Year: 

Record ID: 
WI104_RR22
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
After deducting operating expenditures, the net proceeds are available for the lottery and gaming credit. Within the Department of Revenue, a segregated fund exists for all the lottery proceeds in the state. The amount available for distribution in 2021(22) is $339.4 million. For homeowners, the credit is equal to the school tax rate multiplied by the annually determined credit base amount. The credit base value for 2021(22) is $26,600 with an average credit of $230.
How is Benefit Disbursed: 
Credit to the property tax bill
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Principal residences are eligible for the credit. A principal residence that is a mobile home subject to a municipal monthly parking fee which is equivalent to a property tax are also eligible for the credit.
Eligibility Criteria: 
Homeowner
Principal Residence
Description of Eligibility Criteria: 
To qualify for the lottery and gaming credit, an owner must be a Wisconsin resident, the owner of the dwelling, and use the dwelling as their primary residence as of the certification date (January 1 of the year in which the property taxes are levied). Applications should be filed with the county treasurer where the property is located by 31 January of the year the credit is sought. Late claims may be filed with the state Department of Revenue by 1 October.
Local Option Regarding Program Features: 
No local option regarding program features
State Funding for Local Tax Loss: 
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss: 
The funding for these credits is established annually based on the proceeds available from the state lottery.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wisc. Stats. § 79.10 (in effect for 2022)
Source Web Page: 
Wisconsin, Department of Revenue, Lottery and Gaming Credit Frequently Asked Questions
[https://www.revenue.wi.gov/Pages/FAQS/slf-lottcr.aspx Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, Lottery and Gaming Credit Forms
[https://www.revenue.wi.gov/Pages/Form/lottery-home.aspx Accessed 09/11/2023]
View Archived Source

Wisconsin, Department of Revenue, 2021-22 Lottery and First Dollar Credit -- Maximum Credit Values (19 November 2021)
[https://www.revenue.wi.gov/Pages/SLF/COTVC-News/2021-11-19b.aspx Accessed 12/04/2023]
View Archived Source
Source Publication: 
Wisconsin, Department of Revenue, Application for Lottery and Gaming Credit, (Filing 2022)
[https://web.archive.org/web/20211123160623/https://www.revenue.wi.gov/DORForms/21lc-100f.pdf Assessed 09/11/2023]
View Archived Source

Wisconsin, Legislative Fiscal Bureau, State Property Tax Credits, Informational Paper 25, p.6 (January 2023)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2023/0025_state_property_tax_credits_school_levy_first_dollar_and_lottery_and_gaming_credits_informational_paper_25.pdf Accessed 09/11/2023]
View Archived Source
Footnote: 
The credit value is estimated each year with consideration to the estimated number of claims that will be paid and the school property tax rates throughout the state. The funding for this credit is available through proceeds from the state lottery and gaming. The amount of funds available for the lottery and gaming credit is determined in November of each year based on revenues generated from the Wisconsin lottery, pari-mutuel on-track betting, and bingo during the year. Based on available funds and an estimated number of properties that will qualify for the credit, a maximum credit value (MCV) is determined. The credit amount for each qualifying property is then calculated by multiplying the MCV (or the actual value of the property if that value is less than the MCV) by the applicable school tax rate. This is the amount of credit provided for that property.
Data Collection Notes: 
12/4/23 KH: changed benefit type from exemption to credit

Revision Type: 

Revision Notes: 

12/4/23 KH verified
9/11/23 JS complete
11/21/22 AMN verified
5/6/22 VO complete
12/23/21 AL verified
10/21/21 WP complete
1/14/21 AJG created, no change
12/21/20 LA verified
4/2/19 GM: verified
11/27/18 cc ok still need forms
10/17/18 SAH updated Source Publication with new year program information, Benefit section with average credit information, and Description of Eligibility Criteria with information for filing
5/2/18 MP updated 17 record
10/11/17 JG updated source publication - No leg changes
5/4/17 EM created 16 record
5/27/16 MM updated source pub - no new leg
6/8/15 MM created 15 record, updated benefit, enrollment data
6/8/15 MM created 14 record, updated benefit, enrollment data, source pub
12/19/14 mj verified
11/11/13 updated enrollment value and updated credit amount.
10/28/13 updated credit value and enrollment information, added FN2
4/22/2011 CC program added and ok to be verified
12/7/11 cc added numbers and verified

First Dollar Credit

State: 

Year: 

Record ID: 
WI105_RR22
Variations in Receipt of Benefit : 
Other Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
The benefit is a credit, the value of which is determined by multiplying the gross school tax rate by either the market value of the property or the "credit base" set by the Wisconsin Department of Revenue, whichever is lower. The "credit base" is a dollar amount calculated by the Department of Revenue that is expected to distribute as much of the available funding as possible. No application is required to receive the credit.
How is Benefit Disbursed: 
Credit to the property tax bill
Eligible Property Type: 
Non Residential
Residential
Characteristics of Eligible Property: 
Both residential and nonresidential properties with improvements are eligible. A mobile home may qualify if it meets certain requirements.
Eligibility Criteria: 
Other Criteria
Description of Eligibility Criteria: 
Any taxable parcel containing a real property improvement qualifies for this credit. A mobile or manufactured home qualifies for the credit only if it is connected to utilities and set on a foundation upon land owned by the manufactured or mobile home owner.
Local Option Regarding Program Features: 
No local option regarding program features
State Funding for Local Tax Loss: 
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss: 
The state distributes funding to counties from its general fund unless a municipality has over $3,000,000 in total credits. In such cases, funding will be made directly to the municipality.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 79.10 (in effect for 2022)
Source Web Page: 
Wisconsin, Department of Revenue, First Dollar Credit Frequently Asked Questions
[https://www.revenue.wi.gov/Pages/FAQS/slf-fdolcred.aspx Accessed 09/08/2023]
View Archived Source

Wisconsin, Department of Revenue, 2021-22 Lottery and First Dollar Credit -- Maximum Credit Values (19 November 2021)
[https://www.revenue.wi.gov/Pages/SLF/COTVC-News/2021-11-19b.aspx Accessed 09/08/2023]
View Archived Source
Source Publication: 
Wisconsin, Department of Revenue, Division of Research and Policy Maximum Credit Value Chart, (9 December 2021)
[https://www.revenue.wi.gov/DORReports/First_Dollar_Paper_2021.pdf Accessed 09/08/2023]
View Archived Source

Wisconsin, Department of Revenue, First Dollar Credit Instructions for Calculating the Credit Amount (December 2018)
[https://www.revenue.wi.gov/DORFAQ/dolcre.pdf Accessed 09/08/2023]
View Archived Source
Footnote: 
Only taxes levied for elementary and secondary education are eligible for the credit. If a property tax bill is paid in 2 installments, the First Dollar Credit is applied equally to each installment. A municipality with credit amounts greater than $3,000,000 must enact an ordinance in order to have funds directly distributed to the municipality.

Revision Type: 

Revision Notes: 

12/4/23 KH verified
9/8/23 JS complete
11/16/22 AMN verified
5/6/22 VO complete
1/13/21 AJG created, update documents, no change
12/21/20 LA verified
12/7/20 LA complete
4/2/19 GM: verified
12/14/18 cc corrected added word
11/27/18 cc ok
10/17/18 SAH updated with 2017/2018 credit information and enrollment data specific to new year
5/1/18 MP updated 17 record
10/11/17 JG updated Source Publication - no leg changes
5/4/17 EM created 16 record
5/27/16 MM updated enrollment data, FTN1 and source pub
6/8/15 MM created 14 record, updated enrollment data, source pub
12/19/14 mj verified
11/11/13 updated estimated 2012/2013 tax year info
10/28/13 updated enrollment data, no new leg

2/1/2013 GIR: copied pdf of webpg to 2012 (webpg has a last updated date of 1/12/12)

School Property Tax Credit for Renters and Homeowners

State: 

Year: 

Record ID: 
WI103_RR22
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
The maximum for this non-refundable, state income tax credit is 12% of the first $2,500 of property taxes or rent paid, or $300. For married persons filing separately, the credit is 12% of the first $1,250, or $150. Claimants apply for the credit through their Wisconsin state income tax forms.
How is Benefit Disbursed: 
Credit to the income tax bill
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Only the primary residence of a Wisconsin resident who files a state income tax return is eligible.
Eligibility Criteria: 
Homeowner
Principal Residence
Renter
Other Criteria
Description of Eligibility Criteria: 
Since this is a non-refundable credit, the taxpayer has to file state income tax returns and must have a state tax liability. Eligible applicants must own or rent a home in the state.
Local Option Regarding Program Features: 
No local option regarding program features
State Funding for Local Tax Loss: 
State reimburses all of the local government tax loss
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 71.07(9) (in effect for 2022)
Source Web Page: 
Wisconsin, Department of Revenue, Property Tax Relief Credits
[https://www.revenue.wi.gov/Pages/faqs/slf-ptrecred.aspx Accessed 09/08/2023]
View Archived Source
Source Publication: 
Wisconsin, Department of Revenue, Wisconsin Income Tax 2021 Form 1 (Line 12) (2021 income for filing in 2022) Income Tax
[https://www.revenue.wi.gov/TaxForms2021/2021-Form1f.pdf Accessed 09/08/2023]
View Archived Source

Wisconsin, Department of Revenue, Wisconsin Income Tax 2021 Form 1 Instructions
[https://www.revenue.wi.gov/TaxForms2021/2021-Form1-Inst.pdf Accessed 09/08/2023]
View Archived Source
Footnote: 
For renters, property taxes are considered 20% of rent if heat is included and 25% if heat is not included.

Revision Type: 

Revision Notes: 

12/4/23 KH verified
9/8/23 JS complete
11/16/22 AMN verified
4/30/22 VO complete
11/5/21 WP verified
8/25/20 CC crated 2020 record
4/2/19 GM: verified
11/27/18 cc added 2018 forms
5/7/2018 MP updated 18 and added publication
5/7/2018 MP updated - no legislative changes
10/9/17 JG updated - no leg changes
5/4/17 EM created 16 record
5/6/16 MM verified - no new leg
6/5/15 MM created 14 record - no changes
12/19/14 mj verified
11/11/13 no new leg
10/28/13 reworded benefit description, checked principal residence
4/22/2011 CC program found and verified
12/7/11 cc verified

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