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Ed Johnson
Ed Johnson, Tax Preparer
Category: Tax
Satisfied Customers: 10760
Experience:  GPHR Cert; U.S. Treasury Tax Advocacy Panel appointee
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DOES WISCONSIN OFFER A SENIOR TAX EXEMPTION

Customer Question

DOES WISCONSIN OFFER A SENIOR TAX EXEMPTION ON WI REAL ESTATE IF IT IS THERE HOMESTEAD??? MUCH LIKE TEXAS OFFERS...
Submitted: 10 years ago.
Category: Tax
Expert:  Ed Johnson replied 10 years ago.

DearCustomer


Unfortunately, Wisconsin only has a homestead credit that can be claimed if your income is less than 24,500 dollars for 2005. At this time, there is no special exemption for seniors on property taxes based on homestead.


You may take a property tax credit available to all property owners for school taxes.


Best Regards


Ed

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