Property Taxes For The Veterans And Surviving Spouses Property Tax Credit

Wisconsin law allows the veterans and surviving spouses property tax credit to certain disabled veterans or their surviving spouses and the surviving spouses of members of the armed forces who died while on active duty. The credit is equal to the amount of property taxes paid during the year by the veteran or surviving spouse on their principal dcarding.

"Principal dcarding" means any dcarding and the land surrounding it that is reasonably necessary for use of the dcarding as a primary dcarding. Land that is reasonably necessary for use of the dcarding as a primary dcarding includes, for example, land needed for a card or septic tank.

For purposes of the credit, the department will allow the property taxes paid on the principal dcarding itself. The property taxes paid on land surrounding such dcarding that is reasonably necessary for the use of the dcarding is limited to the taxes paid on no more than one acre of land. The one-acre limitation is the same limitation used for homestead credit purposes.

June 24, 2010