Claiming Homestead Credit

  1. Do I qualify to file for homestead credit?

  2. How do I claim homestead credit?

  3. Which form do I use to file my homestead credit claim (Schedule H-EZ or Schedule H)?

  4. What is the deadline for filing my 2019 homestead credit claim?

  5. If I qualify for homestead credit for years prior to 2019, can I file a homestead credit claim for those years?

  6. Where can I obtain a homestead credit booklet with forms and instructions?

  7. Where can I obtain assistance in preparing my homestead credit claim?

  8. If my homestead credit is denied or adjusted and I disagree with the denial or adjustment notice, what should I do?

  9. What should I do if I already filed my Wisconsin income tax return and now want to file my homestead credit claim? What should I attach to my separately filed homestead credit claim?

  10. Do I need to include the interest from my funeral trust in household income?

  11. Do I need to include nontaxable military compensation received from military duty in a combat zone in household income?

  12. I have multiple businesses. How do I figure the amount of disqualified loss that is added back to household income?

  13. My rental property is subject to the passive activity loss rules. Do I need to add back both the allowed and unallowed losses as disqualified loss to household income?

  14. I am a farmer. Do I need to add back disqualified loss to my household income?

  15. How do I amend my Schedule H or H-EZ to correct an error made on the original Schedule H or H-EZ?

  16. When an individual partner or shareholder is determining household income for purposes of claiming the homestead credit, must the individual partner or shareholder include income from a partnership or tax-option (S) corporation making the entity-level tax election?


Applicable Laws and Rules

This document provides statements or interpretations of the following laws and regulations enacted as of February 19, 2020: Sections 71.03, 71.07, 71.21, 71.365, 71.52, 71.53, 71.54, 71.55 and 71.58, Wis. Stats., and secs. Tax 1.14, 14.01, 14.02, 14.03, 14.04 and 14.05, Wis. Adm. Code, and 26 U.S. Code § 7503.

Laws enacted and in effect after February 19, 2020, new administrative rules, and court decisions may change the interpretations in this document. Guidance issued prior to February 19, 2020, that is contrary to the information in this document is superseded by this document, pursuant to sec. 73.16(2)(a), Wis. Stats.

FOR QUESTIONS OR COMMENTS CONTACT:

MS 5-77
WISCONSIN DEPARTMENT OF REVENUE
PO Box 8949
Madison WI 53708-8949
Phone: (608) 266-8641
Fax: (608) 267-1030
Email additional questions to DORHomesteadCredit@wisconsin.gov

Guidance Document Number: 100099

February 19, 2020