Wisconsin

No property tax incentives for specific property improvements found.

State: 

Year: 

Record ID: 
WI004_SP20

Revision Type: 

Revision By: 
Pat
Revision Notes: 

7/30/21 AW creates 20 record
12/21/20 YP verified
9/8/20 YP creates 19 record
12/9/19 LA verified
3/25/19 YP creates 18 record
08/10/2018 NLA changed status
10/23/17 MP updated
5/23/16 aa: uploaded 2015
10/1/2014 PA makes 2013 record and verifies.

Homeowner Property Tax Relief (Lottery and Gaming Credit)

State: 

Year: 

Record ID: 
WI104_RR20
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Exemption
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 2019-20 is $270.0 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 2019-20 is $19,700 with the average $184.
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. 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 2020)
Source Web Page: 
Wisconsin Department of Revenue, Lottery and Gaming Credit Frequently Asked Questions, (2020)
[https://www.revenue.wi.gov/Pages/FAQS/slf-lottcr.aspx accessed 10/21/2021]
View Archived Source
Source Publication: 
Wisconsin Department of Revenue, Application for Lottery and Gaming Credit, (Filing 2020)
[https://www.townoflittlerice.com/wp-content/uploads/2019/12/19lc-100f.pdf 10/21/2021]
View Archived Source

Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 24)(2021)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2021/0024_state_property_tax_credits_school_levy_first_dollar_and_lottery_and_gaming_credits_informational_paper_24.pdf Accessed 10/21/2021]
View Archived Source


Footnote: 
The credit value is estimated each year taking into consideration 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 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: 
10/21/21 WP: for info on amount available for distribution and base credit value view informational paper source publication. Documents are updated every two years, so 2019(20) figure (for current record) is published in 2021 along with 2020(21) figure. LC-100 form added, but the state website no longer has 2018 version, only 2019 version, therefore, the link to the website is dead updated based DOR 2018 property tax credit update

Revision Type: 

Revision Notes: 

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

Disabled Veteran and Surviving Spouse Property Tax Credit

State: 

Year: 

Record ID: 
WI107_RR20
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
The property tax credit is a refundable credit on the individual's income tax equal to the amount of property taxes paid during the year on an eligible veteran's or surviving spouse's principal dwelling. There is no limit on the amount that may be claimed. Applicants file for the credit annually as part of the Wisconsin State Income Tax Return.
How is Benefit Disbursed: 
Credit to the income tax bill
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Property must be principal residence and land surrounding it, not to exceed one acre.
Eligibility Criteria: 
Disability
Homeowner
Principal Residence
Veteran
Surviving Spouse
Description of Eligibility Criteria: 
Eligible veterans have a 100% service-connected disability, served honorably on active duty, been a resident of Wisconsin prior to active duty or for any consecutive 5-year period after entry and are currently residents of Wisconsin. Eligible surviving spouses must be unremarried spouses of individuals who served on active duty and, at the time of entry into active service or for any consecutive 5-year period afterwards, lived in Wisconsin. In addition, deceased spouse must have died in the line of duty or had a 100% disability rating at the time of death.
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: 
Credit is a credit on the income tax.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 71.07(6e) (in effect for 2020)
Source Constitution: 
Wis. Const. Art. VIII, § 1
Source Web Page: 
Wisconsin Department of Veterans Affairs Financial Tax Benefits for Veterans (Disabled Veterans and Surviving Spouses Property Tax Credit)
[http://dva.state.wi.us/Pages/benefitsClaims/Financial-Tax-Benefits.aspx Accessed 11/05/2021]
View Archived Source
Source Publication: 
Wisconsin Department of Revenue Wisconsin Income Tax 2019 Form 1 (Line 40) (2019 income for filing in 2020) Income Tax
[https://www.revenue.wi.gov/TaxForms2017through2019/2019-Form1f.pdf Accessed 11/05/2021]
View Archived Source

Wisconsin Department of Veterans Affairs: Disabled Veterans and Unremarried Surviving Spouses Property Tax Credit, Information, Instructions, and Request Forms (2015) [http://dva.state.wi.us/Documents/newsMediaDocuments/WDVA%20Toolkit/Brochures/WDVA_B0106_WI_Veterans_Property_Tax_Credit.pdf Accessed 11/05/2021]
View Archived Source

Wisconsin Department of Revenue Disabled Veterans and Unremarried Surviving Spouses Property Tax Credit Frequently Asked Questions
[https://www.revenue.wi.gov/Pages/FAQS/ise-vetqual.aspx Accessed 11/05/2021]
View Archived Source
Footnote: 
Eligible applicants for this benefit are not eligible any other property tax credit.
Data Collection Notes: 
INSERT RELEVANT PAGES FROM INCOME TAX FORMS IN FUTURE YEARS.

Revision Type: 

Revision Notes: 

11/5/21 WP verified
1/13/21 AJG created
12/21/20 LA verified
12/7/20 LA complete
4/2/19 GM: verified
11/27/18 cc added faq; and 2018 tax forms ok to verify
5/7/18 MP updated 18 record
5/7/18 MP updated 17 record and added publications
10/11/17 updated - no leg changes
5/4/17 EM created 16 record
5/31/16 MM updated - no new leg
6/9/15 MM created 14 record

Property Tax Deferral Loan Program

State: 

Year: 

Record ID: 
WI102_RR20
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Deferral
Benefit: 
The benefit is a deferral of property taxes and special assessments. Participants apply for a loan equal to the amount of property taxes and special assessments levied. The maximum annual loan is $3,525. Deferral of property taxes through this program constitutes a lien on the property for the amount of taxes due plus interest. Interest rates are 1 percentage point higher than the prime lending rate established by the Federal Reserve Board. The interest rate on loans made in 2019 for taxes levied in 2018 is 6.25%. Principal and interest are repaid when an individual transfers ownership of home or moves from home, or the death of the applicant or last surviving eligible co-owner occurs.
How is Benefit Disbursed: 
Other
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Only residential property is eligible for this program and up to 1 acre of surrounding land. Mobile homes are not eligible.
Eligibility Criteria: 
Age
Homeowner
Income Ceiling
Principal Residence
Veteran
Other Criteria
Description of Eligibility Criteria: 
The homeowner must be at least 65 years of age or a qualifying veteran at any age who, during the preceding year, lived in the dwelling unit for at least 6 months (temporary residency in a health care facility may be substituted for any portion of this 6-month residency) and had a total household income at or below $20,000. Any co-owner, or spouse of an applicant, must be at least 60 years of age. Total outstanding liens, judgments, mortgages and delinquent property taxes may not exceed 33% of the value of the housing unit, as determined by the most recent property tax assessment. Applications for the deferral program must be filed with the Wisconsin Housing and Economic Development Authority (WHEDA) by 30 June of the year the deferred taxes are due. Contact WHEDA for application information.
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 provides the loan directly to the property owner. Additionally, the property tax deferral loan program is funded from WHEDA's surplus fund, which the state of Wisconsin requires the housing authority to maintain.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 234.621 ~ § 234.626 (in effect for 2020)
Source Constitution: 
Wis. Const. Art. VIII, § 1
Source Publication: 
Wisconsin Legislative Fiscal Bureau, Property Tax Deferral Loan Program (Informational Paper 23)(2019)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2019/0023_property_tax_deferral_loan_program_informational_paper_23.pdf accessed on 11/05/2021]
View Archived Source
Footnote: 
Household income is broadly defined to reflect most cash resources available to claimants, and it includes all income that is taxable for Wisconsin income tax purposes plus nontaxable income sources such as Social Security, supplemental security income and pensions. Appendix III in Source Publication provides a complete listing of the income sources included in the definition of household income under this program. The applicant must maintain fire and extended casualty insurance coverage on the home with the Wisconsin Housing and Economic Development Authority named as a lien holder. Any previous loans under this program and loans under the housing rehabilitation loan program, also administered by WHEDA, are excluded from this limitation.
Data Collection Notes: 
11/5/21 WP: can find informational papers released every other year here: https://docs.legis.wisconsin.gov/misc/lfb/informational_papers Informational papers do not explicitly state interest rate for years where informational paper is not published (ex. does not state interest rate on loans made in 2020) MP: I cannot find applications from WHEDA SAH: confirmed

Revision Type: 

Revision Notes: 

11/5/21 WP verified
1/13/21 AJG Created, no change
12/21/20 LA verified
8/25/2020 cc update doc
4/2/19 GM: verified
10/17/18 SAH updated Description of Eligibility Criteria with information regarding temporary healthcare facility residency and application information, FTN 1 with a definition of household income, Description of State Funding for Local Tax Loss with WHEDA funding requirements and Eligibility Criteria with principal residence selection
5/3/18 MP updated 17 record
10/9/17 JG updated record - no leg changes
5/4/17 EM created 16 record
5/6/16 MM updated source pub link - no new leg
6/5/15 MM updated benefit, FTN1, source pub, source add'l
5/14/15 MM new record
12/19/14 mj verified
11/6/13 no new leg
10/28/13 no new leg
11/5/2010 CS New Record
4/22/2011 edited and ok to verify
1/17/12 DM complete

School Levy Tax Credit

State: 

Year: 

Record ID: 
WI106_RR20
Variations in Receipt of Benefit : 
Other Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
Municipalities receive the proportion of the total annual funding allocated for this program that is equal to their share of total state school levies for the previous three years. Funding in 2020 is $940,000,000. Taxpayers then receive credits that are equal to their proportion of the municipality's total assessed value. Applications are not required to receive the credit. This credit amount is listed on the property tax bill below the "Net Assessed Value Rate" box.
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 are eligible.
Eligibility Criteria: 
No Criteria
Description of Eligibility Criteria: 
All taxable real property in the state of Wisconsin qualifies for this credit.
Local Option Regarding Program Features: 
No local option regarding program features
Description of Local Option Regarding Adoption or Program Features : 
A municipality with school levy, first dollar, and lottery and gaming credits greater than $3,000,000 may have the funds distributed directly to the municipality if an ordinance is enacted. Otherwise, the funds are first distributed to the county and then to the municipality.
State Funding for Local Tax Loss: 
State reimburses all of the local government tax loss
Description of State Funding for Tax Loss: 
The school levy tax credit is distributed by the Wisconsin Department of Revenue (DOR) to individual municipalities. Payments are made directly to the counties and they disperse the funds to the municipalities, unless that municipality has over $3,000,000 in total credits. In such cases, funding will be made directly to the municipality if ordinance is enacted.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 79.10; Wis. Stat. § 79.14 (in effect for 2020)
Source Web Page: 
Wisconsin Department of Revenue Website - School Levy Tax Credit, Frequently Asked Questions
[https://www.revenue.wi.gov/Pages/FAQS/slf-slevytcr.aspx Accessed 01/13/2021]
View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2019)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2019/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 01/13/2021]
View Archived Source

Wisconsin Department of Revenue Division of Research and Policy State School Levies Credit November 2019
[https://www.revenue.wi.gov/DORReports/schlevcredit.pdf Accessed 01/13/2021]
View Archived Source
Footnote: 
The school levy credit formula includes levies for elementary and secondary school districts and for county children with disabilities education boards. Levies for technical college districts are not included.

Revision Type: 

Revision Notes: 

2/23/21 cc verified; expanded the local option
1/13/21 AJG created
12/21/20 LA verified
8/25/2020 cc new doc
4/2/19 GM: verified, moved fn into document and removed reference to 2017 legislation
11/27/18 cc ok
10/18/18 SAH updated Benefit section with further information regarding program and Description of State Funding for Local Tax Loss
5/2/18 MP updated 17 record
10/11/2017 JG updated source publication - no leg changes
5/4/17 EM created 16 record
5/31/16 MM verified
6/8/15 MM created 14 record, updated enrollment data, source pub
12/19/14 mj verified
11/11/13 no new leg
10/28/13 no new leg
3/5/12 DM complete 11

First Dollar Credit

State: 

Year: 

Record ID: 
WI105_RR20
Variations in Receipt of Benefit : 
Other Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
The benefit is a credit. The value of the credit 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. For the 2020-21, the maximum credit value is $7,100, applied to the the December 2020 property tax bill.. 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 upon 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 2020)
Source Web Page: 
Wisconsin Department of Revenue, First Dollar Credit Website and Frequently Asked Questions, (2019)
[https://www.revenue.wi.gov/Pages/FAQS/slf-fdolcred.aspx Accessed 12/07/2020]
View Archived Source

Wisconsin Department of Revenue, "2020-21 Lottery and First Dollar Credit-Maximum Credit Values" November 20,2020
[https://www.revenue.wi.gov/Pages/SLF/COTVC-News/2020-11-20b.aspx Accessed 12/31/2021]
View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits Informational Paper 21, 2017 (2021)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 01/13/2021]
View Archived Source

Wisconsin Department of Revenue, Division of Research and Policy Maximum Credit Value Chart, (2020)
[https://www.revenue.wi.gov/DORReports/First_Dollar_Paper_2020.pdf Accessed 1/13/2021]
View Archived Source

Wisconsin Department of Revenue First Dollar Credit Instructions for Calculating the Credit Amount
[https://www.revenue.wi.gov/DORFAQ/dolcre.pdf Accessed 01/13/2021]
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: 

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)

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