Instructions For Wisconsin Form 1x - Wisconsin Department Of Revenue - 2010 Page 7
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167
If the rent you paid included food, housekeeping, medical, or
jointly owned a home on which taxes of $1,500 were paid,
other services, reduce the amount filled in for rent paid in 2010
each of you would claim a credit based on $750 of taxes.
by the value of these items. If you shared living quarters with
one or more persons (other than your spouse or dependents),
CAUTION Property taxes paid during 2010 must be reduced by
fill in only the portion of the rent which you paid in 2010. For
any amounts received as a refund of such taxes. For example,
example, if you and two other persons rented an apartment and
a taxpayer claimed farmland preservation credit (which is
paid a total rent of $3,000 in 2010, and you each paid $1,000
considered a refund of property taxes) on his or her 2009
of the rent, each could claim a credit based on $1,000 of rent.
Wisconsin return. The taxpayer received a farmland preservation
credit in 2010 of $600 that was based on 2009 property taxes
Step 2 Refer to the Renter’s School Property Tax Credit Table on
accrued of $6,000. The 2009 property taxes were paid in 2010
page 6 to figure your credit. If heat was included in your rent, use
and 10% of such taxes were allocable to the personal residence
Column 1 of the table. If heat was not included, use Column 2.
and 90% to the farm property. Thus, for tax purposes, property
Fill in your credit on line 9a.
taxes paid on the entire property during 2010 are $5,400 ($6,000
less $600 farmland preservation credit). Of this amount, $540
Exception If you paid both rent where heat was included and rent
(10% of $5,400) is used to compute the 2010 school property
where heat was not included, complete the worksheet below.
tax credit.
Step 2 Use the Homeowner’s School Property Tax Credit Table
Renter’s Worksheet
below to figure your credit. Fill in the amount of your credit on
line 9b.
(Complete only if Exception described above applies)
1. Credit for rent with heat included
CAUTION If you are also claiming the renter’s credit on line 9a,
(from Column 1 of Table on page 6) . . . . . . 1.
the total of your renter’s and homeowner’s credits can’t be more
than $300 ($150 if married filing a separate return or married
2. Credit for rent where heat not included
filing as head of household).
(from Column 2 of Table on page 6) . . . . . . 2.
3. Add lines 1 and 2. Fill in on line 9a of
Form 1X* . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
Homeowner’s School Property Tax Credit Table*
* Do not fill in more than $300 ($150 if married filing a separate
return or married filing as head of household).
If Property Taxes
If Property Taxes
If Property Taxes
are:
are:
are:
But
Line 9b
But
Line 9b
But
Line 9b
At
Less
Credit
At
Less
Credit
At
Less
Credit
n Line 9b
How to Figure the Homeowner’s
Least
Than
is
Least
Than
is
Least
Than
is
School Property Tax Credit
1
25
2
875
900
107
1,750
1,775
212
$
$
$
$
$
$
$
$
$
25
50
5
900
925
110
1,775
1,800
215
Step 1 Property Taxes Paid on Home in 2010 Fill in the amount
50
75
8
925
950
113
1,800
1,825
218
of property taxes that you paid in 2010 on your home. Do not
75
100
11
950
975
116
1,825
1,850
221
100
125
14
975
1,000
119
1,850
1,875
224
include:
125
150
17
1,000
1,025
122
1,875
1,900
227
• Charges for special assessments, delinquent interest, or
150
175
20
1,025
1,050
125
1,900
1,925
230
services that may be included on your tax bill (such as trash
175
200
23
1,050
1,075
128
1,925
1,950
233
removal, recycling fee, or a water bill).
200
225
26
1,075
1,100
131
1,950
1,975
236
225
250
29
1,100
1,125
134
1,975
2,000
239
• Property taxes that you can claim as a business expense (for
250
275
32
1,125
1,150
137
2,000
2,025
242
example, farm taxes or rental property taxes).
275
300
35
1,150
1,175
140
2,025
2,050
245
300
325
38
1,175
1,200
143
2,050
2,075
248
• Property taxes paid on property that is not your primary residence
325
350
41
1,200
1,225
146
2,075
2,100
251
350
375
44
1,225
1,250
149
2,100
2,125
254
(such as a cottage or vacant land).
375
400
47
1,250
1,275
152
2,125
2,150
257
• Property taxes that you paid in any year other than 2010.
400
425
50
1,275
1,300
155
2,150
2,175
260
425
450
53
1,300
1,325
158
2,175
2,200
263
Property taxes are further limited as follows:
450
475
56
1,325
1,350
161
2,200
2,225
266
475
500
59
1,350
1,375
164
2,225
2,250
269
a. If you bought or sold your home during 2010, the property
500
525
62
1,375
1,400
167
2,250
2,275
272
taxes of the seller and buyer are the taxes set forth for each
525
550
65
1,400
1,425
170
2,275
2,300
275
in the closing agreement made at the sale or purchase. If the
550
575
68
1,425
1,450
173
2,300
2,325
278
575
600
71
1,450
1,475
176
2,325
2,350
281
closing agreement does not divide the property taxes between
600
625
74
1,475
1,500
179
2,350
2,375
284
the seller and buyer, divide them on the basis of the number
of months each owned the home.
625
650
77
1,500
1,525
182
2,375
2,400
287
650
675
80
1,525
1,550
185
2,400
2,425
290
675
700
83
1,550
1,575
188
2,425
2,450
293
b. If you owned a mobile home during 2010, property taxes include
700
725
86
1,575
1,600
191
2,450
2,475
296
the parking permit fees paid to your municipality and/or the
725
750
89
1,600
1,625
194
2,475
2,500
299
personal property taxes paid on your mobile home. (Payments
750
775
92
1,625
1,650
197
2,500 or more
300
for space rental should be filled in as rent on line 9a.)
775
800
95
1,650
1,675
200
800
825
98
1,675
1,700
203
c. If you, or you and your spouse, owned a home jointly with one
825
850
101
1,700
1,725
206
or more other persons, you may only use that portion of the
850
875
104
1,725
1,750
209
property taxes that reflects your percentage of ownership. For
*Caution The credit allowed certain persons may be less than the
example, if you and another person (other than your spouse)
amount indicated. See “Special Cases” on page 6.
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