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Deductions & credits
It depends. Please read the qualifications for the homestead credit in this link. The three main provisions that may pertain to you are:
- You own or rent your Wisconsin homestead that is subject to Wisconsin property taxes during 2020. (Persons who reside in mobile or manufactured homes or nursing homes that are subject to property taxes may also qualify to file a claim. See the definition of "homestead".)
- You are not claimed as a dependent on someone else's 2020 federal income tax return.
Note: This limitation does not apply if you were 62 years of age or over on December 31, 2020. - You did not live for the entire 2020 year in housing that is exempt from property taxes.
- Your landlord will need to issue you a rent certificate to qualify for the exemption
If both places qualify for the homestead credit, after you enter the information from your first rental and answer all the questions in the return, there is an opportunity to issue a second rent certificate. Be sure you get a rent certificate from each landlord in order to receive the credit. To enter in Turbo Tax:
- Log into Turbo Tax
- Select state taxes on the left pane in your return
- After entering preliminary information you will reach a screen that says Let's take a Look at your Wisconsin Credits and Taxes
- Look for Homestead Credit and follow the directions I outlined above.
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March 15, 2021
6:50 PM