Elderly Tax Credits
April 27th, 2010
Question: wisconsin homestead tax?
I live in a facility for the elderly as an independent because I do not require or receive any extra services. The rent I pay for the year is $13794.00 If I file for homestead credit I can claim only 69% or $9517.86 My question is what am I paying rent for, that I cannot claim to the state for credit?
Answer: for homestead credit you have to had to pay properity taxes. on real property
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