Schedules H & H-Ez Instructions - Wisconsin Homestead Credit - Wisconsin Department Of Revenue

Line Instructions

and complete Schedule 2 on page 3 of Schedule H; claim

If your claim is based on this provision, attach a complete

only the personal portion of property taxes or rent.

explanation, indicating that you have not rented or leased

the homestead, the date you moved to the tax-exempt

Examples of part business use include 1) having a store or

housing, and what attempts were made to sell the home-

office on the same property as your home, 2) using one

stead.

room of your home exclusively for storing products you

sell, and 3) providing child care for others in your home.

9. If you file a federal business or rental schedule, list on each

schedule the address of each property.

Example: During 2006 you owned a triplex and lived in

one of the three equal-sized units; net property taxes were

Lines 16 Through 19 – Credit Computation

$3,000. Claim $1,000 of property taxes (one-third of $3,000)

on line 13, whether the other units were rented out,

Refer to the 2006 Homestead Credit Computation Tables A

available for rent, or used by others rent free.

and B on pages 13 and 14 to determine your homestead credit.

If you want the Department of Revenue to compute your credit,

Example: In 2006 you used one room of your five-room

do not complete these lines. The department will notify you of

house exclusively for business; net property taxes were

the amount of your credit.

$1,500. Since one-fifth of the total property taxes are for

business use, claim $1,200 of property taxes (four-fifths of

Sign and Date Your Claim

$1,500) on line 13.

Be sure you (and your spouse if residing together) sign and

4. If your home was on more than one acre of land and was

date your Schedule H at the bottom of page 2.

not part of a farm, you may claim only the property taxes or

rent on your home and one acre of land. Check the first

A homestead credit claim may not be signed for or filed on

box in the area above line 13. Homeowners: Complete

behalf of a deceased person. The claimant must be living at

Schedule 1 on page 3 of Schedule H. Renters: Attach a

the time the claim is filed.

statement from your landlord, indicating the amount of rent

for your home and one acre of land.

How to Assemble

5. If for any month of 2006 you received either: a) a Wisconsin

Before you assemble your Wisconsin income tax return (if you

Works (W2) payment of any amount; or b) county relief of

are filing one) and homestead credit claim, make a complete

$400 or more, check the bottom box in the area above

copy. Keep the copy for your records. Staple the tax return and

line 13. Fill in Schedule 3 on page 3 of Schedule H to

homestead credit claim together IN THE FOLLOWING

compute your reduced property taxes or rent.

ORDER:

6. If your home was part of a farm, you may claim property

• Wisconsin income tax Form 1, 1A, or 1NPR*. See "How,

taxes or rent on up to 120 acres of land adjoining your

When, and Where to File" on page 3, Part C.1, paragraph 3,

home, and all improvements on those 120 acres. Check

if you already filed your tax return.

the second box in the area above line 13. Do not claim

• Schedule H or Schedule H-EZ

property taxes or rent for more than 120 acres of land or

for land that does not adjoin.

• Completed 2006 rent certificate(s) and/or copy of 2006

property tax bill(s) (payable in 2007)

7. If your home or property was not part of a farm but was on

more than one acre of land, and it was not used solely for

• Other homestead credit notes, schedules, etc.

personal purposes (see paragraph 3), check both the first

• Other Wisconsin schedules * (e.g., Schedule WD or I)

and the third boxes in the area above line 13 and complete

both Schedule 1 and Schedule 2 on page 3 of Schedule H.

• Forms 1099-R (whether Wisconsin return is necessary or

Fill in the amount from line 9 of Schedule 1 on line 1 of

not)

Schedule 2.

• Wage statements *

8. If you have moved from a homestead that you owned to

tax-exempt housing and have tried to sell your former home-

• Copy of federal income tax return and schedules * (not

stead, you may claim the property taxes while you still own

necessary if Wisconsin return is a Form 1A)

it, for up to 12 months after you moved, provided: a) the

* Omit if no Wisconsin income tax return is filed.

tax-exempt housing you moved to is not a municipal

housing authority making payments in place of taxes or a

Checklist

correctional or detention facility; and b) you do not rent or

lease your former homestead to another person.

To avoid delays in receiving your refund, see the checklist on

the front cover.

Schedules H & H-Ez Instructions - Wisconsin Homestead Credit - Wisconsin Department Of Revenue - 2006 Page 11

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