Wisconsin

School Levy Tax Credit

State: 

Year: 

Record ID: 
WI106_RR17
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 2017 is $853,000,000. 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.
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: 
The school levy tax credit is applied to every taxable property.
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 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; Wis. Stat. § 79.14 (in effect for 2017)
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 05/02/2018] View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2017) [https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 05/02/2018] View Archived Source
Source Additional: 
2017 Wis. Sess. Laws no. 59 § 1211;
2017 Wis. Sess. Laws no. 59 § 1212
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. Effective 23 September 2017, total annual funding for the program is increased to $940,000,000 for 2018 and each year thereafter. Effective 23 September 2017, beginning with tax year 2018, 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: 

11/17/18 cc verified
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_RR17
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 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 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 unless a municipality has over $3,000,000 in total credits. In such cases, funding will be made directly to the municipality.
Enrollment Data: 
For the 2014/2015 tax year, the program had 2,214,000 claimants with the average credit being $66.63. The value of credits distributed statewide was $148 million.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 79.10 (in effect for 2017)
Source Web Page: 
Wisconsin Department of Revenue First Dollar Credit Website and Frequently Asked Questions [https://www.revenue.wi.gov/Pages/FAQS/slf-fdolcred.aspx#fdcq1 Accessed 05/01/2018] View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2017) [https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 05/01/2018]
View Archived Source

Wisconsin Department of Revenue Division of Research and Policy Maximum Credit Value chart [https://www.revenue.wi.gov/DORReports/fdc.pdf Accessed 05/01/2018] View Archived Source

Wisconsin Department of Revenue First Dollar Credit Instructions for Calculating the Credit Amount [https://www.revenue.wi.gov/DORFAQ/dolcre08.pdf Accessed 05/01/2018] View Archived Source
Source Additional: 
2017 Wis. Sess. Laws no 59 § 1211
Footnote: 
Effective 23 September 2017, beginning with tax year 2018, a municipality with credit amounts greater than $3,000,000 must enact an ordinance in order to have funds directly distributed to the municipality. Only taxes levied for elementary and secondary education are eligible for the credit. For the 2017/2018 property tax year, the credit value was based on $6,800. For the 2016/2017 tax year, the credit base value was $6,700.
Data Collection Notes: 
For updated reports see: https://www.revenue.wi.gov/report/f.html

Revision Type: 

Revision Notes: 

11/27/18 cc added the 17/18 figure
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)

Homeowner Property Tax Relief (Lottery and Gaming Credit)

State: 

Year: 

Record ID: 
WI104_RR17
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Exemption
Benefit: 
For homeowners, the credit is equal to the school tax rate multiplied by the annually determined credit base amount. For property tax year 2016/2017, the credit base value was $12,600. For tax year 2017/18 the credit value is $11,900. 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.
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).
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 annual based on the proceeds available from the state lottery.
Enrollment Data: 
The average credit in 2017 was $126 per residential property. Total credits for 2016/2017 was $172.1 million.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wisc. Stats. § 79.10 (in effect for 2017)
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 05/02/2018] View Archived Source
Source Publication: 
Wisconsin Department of Revenue Application for Lottery and Gaming Credit [https://www.revenue.wi.gov/DORForms/18lc-100f.pdf Accessed 05/02/2018] View Archived Source

Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2017) [https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 05/02/2018]
View Archived Source

Wisconsin Department of Revenue Annual Funding for Lottery and Gaming Credit [https://www.revenue.wi.gov/DORReports/ltrycr.pdf Accessed 05/02/2018] 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: 
updated based DOR 2018 property tax credit update

Revision Type: 

Revision Notes: 

11/27/18 cc ok
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

School Property Tax Credit for Renters and Homeowners

State: 

Year: 

Record ID: 
WI103_RR17
Variations in Receipt of Benefit : 
No Variation in Receipt of Benefits
Benefit Type: 
Credit
Benefit: 
This 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: 
Eligible property is the primary residence of a Wisconsin resident who files a state income tax return.
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 2017)
Footnote: 
For renters, property taxes are considered 20% of rent if heat is included and 25% if heat is not included.
Data Collection Notes: 
ADD SELECTED RELEVANT PAGES FROM STATE INCOME TAX FORMS IN FUTURE YEARS

Revision Type: 

Revision Notes: 

11/27/18 cc ok
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

Property Tax Deferral Loan Program

State: 

Year: 

Record ID: 
WI102_RR17
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 deferred taxes must be repaid upon the sale or transfer of the home, or the death of the applicant or last surviving eligible co-owner. 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.
How is Benefit Disbursed: 
Other
Eligible Property Type: 
Residential
Characteristics of Eligible Property: 
Only residential property is eligible for this program and up to one acre of surrounding land. Mobile homes are not eligible.
Eligibility Criteria: 
Age
Homeowner
Income Ceiling
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 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.
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.
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 2017)
Source Publication: 
Wisconsin Legislative Fiscal Bureau, Property Tax Deferral Loan Program (Informational Paper 23)(2015)[http://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2015/0023_property_tax_deferral_loan_program_informational_paper_23.pdf Accessed on 05/03/2018] View Archived Source
Footnote: 
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. Qualified applicants may participate even if they receive homestead credit. For more information, contact the Wisconsin Housing and Economic Development Authority.
Data Collection Notes: 
The authority does not have any information on its website.

Revision Type: 

Revision Notes: 

11/27/18 cc verified 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

Homestead Credit

State: 

Year: 

Record ID: 
WI101_RR17
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. These factors are indexed to inflation. Applications for credits on 2016 real estate tax bills must be filed with the Department of Revenue by 15 April 2021.
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.
Eligibility Criteria: 
Age
Homeowner
Income Ceiling
Renter
Other Criteria
Description of Eligibility Criteria: 
The individual must be a homeowner or renter and 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. The claimant must have resided in Wisconsin for the whole year of the claim and own or rent the property when filing the claim. The income ceiling for households in 2016 was $24,680. 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.
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 is refundable if the credit exceeds the taxpayer’s state tax liability.
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 2017)
Source Web Page: 
Wisconsin Department of Revenue Website: FAQ, Claiming a Homestead Credit [https://www.revenue.wi.gov/Pages/FAQS/ise-home.aspx Accessed 05/07/2018] View Archived Source
Source Publication: 
Wisconsin Department of Revenue Application (Long form) for Homestead Credit (FY 2016) [https://www.revenue.wi.gov/DORForms/2016-ScheduleH.pdf Accessed 05/07/2018] View Archived Source

Wisconsin Department of Revenue Application (EZ form) for Homestead Credit (FY 2016) [https://www.revenue.wi.gov/DORForms/2016-ScheduleH-EZ.pdf Accessed 05/07/2018] View Archived Source

Wisconsin Department of Revenue Homestead Tax Credit Program Summary (FY 2016) [https://www.revenue.wi.gov/DORReports/2016hmsted.pdf Accessed 05/07/2018] View Archived Source

Wisconsin Department of Revenue H & H-EZ Homestead Credit Instructions 2016 (filing in 2017)[https://www.revenue.wi.gov/DORForms/2016-ScheduleHandH-EZ-inst.pdf Accessed 08/31/2018] View Archived Source
Source Additional: 
2017 Wis. Sess. Laws no. 59 §1120;
2017 Wis. Sess. Laws no. 59 §1121
Footnote: 
Effective 23 September 2017, for claims filed in 2018 and thereafter, in order to qualify for the benefit, applicants must meet one of the following criteria: (1) claimant or claimant's spouse must have earned income during the year; (2) must be disabled; (3) or must be 62 years of age or older by the last day of the year before filing. In computing household income, a claimant may deduct $500 for each dependent living with the claimant. 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.

Revision Type: 

Revision Notes: 

11/27/18 cc verified 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_RR18
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 2017/18 is $172,129,400. For homeowners, the credit is equal to the school tax rate multiplied by the annually determined credit base amount. The credit base value for 2018-19 is $17,000. For property tax year 2017/2018, the credit base value was estimated at $11,900. The average credit for 2017/18 is $116.
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.
Enrollment Data: 
The average credit in 2017/2018 is estimated at $116 per residential property. Total credits for 2017/2018 was $172.1 million.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wisc. Stats. § 79.10 (in effect for 2018)
Source Web Page: 
Wisconsin Department of Revenue, Lottery and Gaming Credit Frequently Asked Questions, (2018)
[https://www.revenue.wi.gov/Pages/FAQS/slf-lottcr.aspx accessed 04/02/2019]
View Archived Source
Source Publication: 
Wisconsin Department of Revenue, Application for Lottery and Gaming Credit, (2018)
[https://www.revenue.wi.gov/DORForms/18lc-100f.pdf Accessed 10/17/2018]
View Archived Source

Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2017)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed 04/02/2019]
View Archived Source

Wisconsin Department of Revenue Annual Funding for Lottery and Gaming Credit
[https://www.revenue.wi.gov/DORReports/ltrycr.pdf Accessed 04/02/2019]
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: 
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: 

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_RR18
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 2018-19 property tax year, the maximum credit value is $7,000. For the 2017-18 property tax year, the credit value was based on $6,800. 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.
Enrollment Data: 
For the 2017/2018 tax year, the program had 2,243,000 parcels with the average credit being $66.44. The value of credits distributed statewide was $150 million.
Local Option in Adoption of Program : 
Local government is unable to exercise an option
Source State Statutes: 
Wis. Stat. § 79.10 (in effect for 2018)
Source Web Page: 
Wisconsin Department of Revenue, First Dollar Credit Website and Frequently Asked Questions, (2018)
[https://www.revenue.wi.gov/Pages/FAQS/slf-fdolcred.aspx#fdcq1 Accessed 10/17/2018]
View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits, (Informational Paper 21)(2017)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 10/17/2018]
View Archived Source

Wisconsin Department of Revenue, Division of Research and Policy Maximum Credit Value Chart, (2018)
[https://www.revenue.wi.gov/DORReports/fdc.pdf Accessed 10/17/2018]
View Archived Source

Wisconsin Department of Revenue First Dollar Credit Instructions for Calculating the Credit Amount
[https://www.revenue.wi.gov/DORFAQ/dolcre08.pdf Accessed 10/17/2018]
View Archived Source
Footnote: 
For the 2018-19 property tax year, the maximum credit value is $7,000. For the 2017-18 property tax year, the credit value was based on $6,800. 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. Beginning with tax year 2018, 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: 

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)

Property Tax Deferral Loan Program

State: 

Year: 

Record ID: 
WI102_RR18
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. 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 2018)
Source Publication: 
Wisconsin Legislative Fiscal Bureau, Property Tax Deferral Loan Program (Informational Paper 23)(2015)
[http://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2015/0023_property_tax_deferral_loan_program_informational_paper_23.pdf accessed on 10/17/2018]
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: 
MP: I cannot find applications from WHEDA SAH: confirmed

Revision Type: 

Revision Notes: 

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_RR18
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 2018 is $940,000,000. Taxpayers then receive credits that are equal to their proportion of the municipality's total assessed value. Estimated tax bill reduction is between $15 - $20. 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 credit amounts greater than $3,000,000 must enact an ordinance in order to have funds directly distributed 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.
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 2018)
Source Web Page: 
Wisconsin Department of Revenue Website - School Levy Tax Credit, Frequently Asked Questions, (2018)
[https://www.revenue.wi.gov/Pages/FAQS/slf-slevytcr.aspx Accessed 10/18/2018]
View Archived Source
Source Publication: 
Wisconsin Legislative Fiscal Bureau, State Property Tax Credits (Informational Paper 21)(2017)
[https://docs.legis.wisconsin.gov/misc/lfb/informational_papers/january_2017/0021_state_property_tax_credits_informational_paper_21.pdf Accessed on 10/18/2018]
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: 

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

Pages

Subscribe to RSS - Wisconsin

Join Our Mailing List

Back to top