Free 2008 Schedule H Homestead Credit - Wisconsin

H

Wisconsin homestead credit

Check here if an amended return
Claimant's social security number
Claimant's legal last name

Spouse's social security number
Legal first name

2008
M.I. M.I.

Spouse's legal last name

Spouse's legal first name

Home address (number and street)

Check below then fill in either the name of city, village, or town, and the county in which you lived at the end of 2008. City Village Town City, village, or town County of

City or post office

State

Zip code

Special conditions

(See page 7.)

1a What was your age as of December 31, 2008? (If you were under 18, you do not qualify for homestead credit for 2008.) 1a Fill in age b If your spouse was age 65 or over as of December 31, 2008, check where indicated . . . . . . . . . . . . . . . . . . . . . 1b Check here Were you a legal resident of Wisconsin from 1-1-08 through 12-31-08? (If "No," you do not qualify.) . . . . . . . . . . 2 Were you claimed or will you be claimed as a dependent on someone else's 2008 federal income tax return? (If "Yes" and you were under age 62 on December 31, 2008, you do not qualify.) . . . . . . . . . . . . . . . . . . . . . . . . 3 and the ) ...a 4 Yes Yes Yes Yes Yes Yes Yes No No No No No No No

2 3

4a Are you now living in a nursing home? (If "Yes," indicate the date you entered nursing home name and address

b If "Yes," are you receiving medical assistance under Title XIX? (If both 4a and 4b are "Yes," you do not qualify.) . . . . b 4 Did you become married or divorced in 2008? (If "Yes," fill in date ; see page 16.) . . . . 5

5

6a If married for any part of 2008, did you and your spouse maintain separate homes during any part of the year? (If "Yes," see page 15.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a 6 b If you and your spouse maintained separate homes while married during 2008, did either spouse notify the other of their marital property income? (See page 15.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 6

Print numbers like this
Household Income

Not like this

NO COMMAS; NO CENTS

Include all 2008 income as listed below. If married, include the incomes of both spouses. See pages 7 to 11.

7 Wisconsin income from your 2008 income tax return. If you already filed your tax return, attach a copy marked "Duplicate." (See page 5, Part C.1, paragraph 3.) . . . . . . . . . . . . . . . . . . 7 8 If you or you and your spouse are not filing a 2008 Wisconsin return, fill in Wisconsin taxable income on lines 8a and 8b. .00 + Interest .00 + Dividends a Wages

.00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00

.00

= . . 8a

b Other taxable income. Attach a schedule listing each income item . . . . . . . . . . . . . . . . . . . . . . . . . 8b 9 Nontaxable household income. Do not include amounts filled in on line 7, 8a, or 8b. a Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a b Social security, federal and state SSI, SSI-E, SSD, and caretaker supplement payments. Include Medicare premium deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9b c Railroad retirement benefits. Include Medicare premium deductions . . . . . . . . . . . . . . . . . . . . . . . . 9c d Pensions and annuities, including IRA, SEP, SIMPLE, and qualified plan distributions (see page 8) . 9d e Contributions to deferred compensation plans (see box 12 of wage statements, and page 8) . . . . . 9e f Contributions to IRA, self-employed SEP, SIMPLE, and qualified plans . . . . . . . . . . . . . . . . . . . . . . 9f g Interest on United States securities (e.g., U.S. Savings Bonds) and state and municipal bonds. . . . 9g h Scholarships, fellowships, grants (see page 9), and military compensation or cash benefits . . . . . . 9h i Child support, maintenance payments, and other support money (court ordered) . . . . . . . . . . . . . . 9i j Wisconsin Works (W2), county relief, kinship care, and other cash public assistance (see page 9) . 9j 1 0 Add lines 7 through 9j. Enter here and on line 11a, at the top of page 2 . . . . . . . . . . . . . . . . . . . . . 10

I-016i

*I1HC08991*

Schedule H (2008)

*I2HC08991*

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of 3

1 a Enter amount from line 10 here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11a 1 b Workers' compensation, income continuation, and loss of time insurance (e.g., sick pay) . . . . . . . . 1b 1 c Gain from sale of home excluded for federal tax purposes (see instructions) . . . . . . . . . . . . . . . . . 11c d Other capital gains not taxable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d 1 e Net operating loss carryforward and capital loss carryforward . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11e f Income of nonresident spouse or part-year resident spouse; nontaxable income from sources outside Wisconsin; resident manager's rent reduction; clergy housing allowance; and nontaxable Native American income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11f g Partner's, LLC member's, and S corporation shareholder's distributive share of depreciation, Section 179 expense, depletion, amortization, and intangible drilling costs. If none was claimed, write "None" on federal Schedule E, Part II, near the entity's name . . . . . . . . . . . . . . . . . . . . . . . . . 1g 1 h Car or truck depreciation (standard mileage rate) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1h 1 i Other depreciation, Section 179 expense, depletion, amortization, and intangible drilling costs . . . 11i 12 a Subtotal. Add lines 11a through 11i . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a 1 b Number of qualifying dependents. Do not count yourself or your spouse (see page 11) x $250 = 12b c Household income. Subtract line 12b from line 12a (if $24,500 or more, no credit is allowed) . . . . . . . . 12c
Taxes and/or Rent See pages 11 to 14.

.00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00 .00

Check here if your home was located on more than one acre of land and was not part of a farm; see Schedule 1, page 3. Check here if your home was located on more than one acre of land and was part of a farm. Check here if your home was used for purposes other than personal or farm use while you lived there in 2008; see Schedule 2, page 3. Check here if you received Wisconsin Works (W2) payments or county relief during 2008; see Schedule 3, page 3.

1 3 1 4

Homeowners ­ Net 2008 property taxes on your homestead, whether paid or not . . . . . . . . . . . . . 13 Renters­ Rent from your rent certificate(s), line 13a(or Shared Living Expenses Schedule).See pages 12 to 14. Heat included (13b of rent certificate is "Yes") . . . . . . . . .14a Heat not included (13b of rent certificate is "No") . . . . . .14c

.00 .00 .00 .00

.00 .00

x .20 (20%) = . . 4b 1 x .25 (25%) = . . 4d 1

1 5

Total of lines 13, 14b, and 14d (or amount from line 6 of Schedule 3) . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Don't delay your refund: ATTACH 2008 tax bill(s) (or closing statement) and/or original rent certificate(s). ATTACH ownership document (if the tax bill lists names other than yours). See page 12.

Credit Computation

1 6 1 7 1 8 1 9

Fill in the smaller of (a) amount on line 15 or (b) $1,450 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Using the amount on line 12c, fill in the appropriate amount from Table A (page 17) . . . . . . . . . . . 17 Subtract line 17 from line 16 (if line 17 is more than line 16, fill in 0; no credit is allowable) . . . . 18 Homestead credit ­ Using the amount on line 18, fill in the credit from Table B (page 18) . . . . . . . 19 If you file a Wisconsin income tax return, attach this claim behind Form 1, 1A, or 1NPR. Fill in your homestead credit (line 19) on line 32 of Form 1A; line 48 of Form 1; or line 73 of Form 1NPR. (If filing Form 1 or Form 1NPR, ATTACH a complete copy of your federal income tax return and schedules.) You cannot file Form WI-Z with a homestead credit claim.

.00 .00 .00 .00

Under penalties of law, I declare this homestead credit claim and all attachments are true, correct, and complete to the best of my knowledge and belief.
Claimant's signature Spouse's signature Date Daytime phone number

Sign Here
Mail to: Wisconsin Department of Revenue PO Box 34 Madison WI 53786-0001
DON'T file this claim UNLESS a STOP rent certificate or property tax bill (or closing statement) is included.

(
For Department Use Only C

)

Schedule H (2008)
Name(s) shown on Schedule H

Your social security number

Page 3

of 3

Note: Include this page as part of Schedule H only if Schedule 1, 2, and/or 3 is completed.
Schedule 1

Allowable Taxes ­ Home on More Than One Acre of Land
1 Assessed value of land (from tax bill) . . . . 2 Number of acres of land . . . . . . . . . . . . . . 3 Divide line 1 by line 2 . . . . . . . . . . . . . . . . 4 Assessed value of improvements (from tax bill) . . . . . . . . . . . . . . . . . . . . . . . 5 Add line 3 and line 4 . . . . . . . . . . . . . . . . . 6 Add line 1 and line 4 (total assessed value) 7 Divide line 5 by line 6 . . . . . . . . . . . . . . . . 8 Net 2008 property taxes (see instructions
for line 13 of Schedule H, on pages 11 to 14)

· Homeowners: Complete this schedule if your home was on more than one acre of land and was not part of a farm (as defined on page 6 of the instructions). Claim only the property taxes on one acre of land and the buildings on it. · Renters: If your home was on more than one acre of land and was not part of a farm, do not complete Schedule 1, but see exception 4 under "Exceptions: Homeowners and/or Renters" (page 14) for instructions. · Do not complete this schedule if your home was part of a farm. You may claim the property taxes on up to 120 acres of land adjoining your home and all improvements on those 120 acres. · If you wish to use a different method to prorate your property taxes, attach to Schedule H your computation of allowable property taxes. Schedule 2

9 Multiply line 8 by line 7. Fill in here and on line 13 of Schedule H or line 1 of Schedule 2 or 3 below . . . . . . . . . . . . . . .

Allowable Taxes/Rent ­ Home Used Partly for Purposes Other Than Farm or Personal Use
1 Net 2008 property taxes/rent or amount from line 9 of Schedule 1 (see pages 11 to 14) . . . . . . . . . . . . . . . . 2 Percentage of homestead used solely for personal purposes . . . . . . . . . . 3 Multiply line 1 by line 2. Fill in here and on line 13, 14a, or 14c of Schedule H, or on line 1 or 2 of Schedule 3 below . . . .

· Complete this schedule if your homestead (as defined on page 5 of the instructions) was not part of a farm but was used partly for purposes other than personal use while you lived there in 2008. Only the personal portion of your property taxes/rent may be claimed. · "Other uses" include part business or rental use where a deduction is allowed or allowable for tax purposes, and a separate unit occupied by others rent free. See paragraph 3 under "Exceptions: Homeowners and/or Renters" (page 13) for examples and additional information. Schedule 3

Taxes/Rent Reduction ­ Wisconsin Works (W2) or County Relief Recipients
1 Homeowners ­ fill in the net 2008 property taxes on your homestead or the amount from line 3 of Schedule 2 . . . . . . 2 Renters ­ if heat was included, fill in 20% (.20), or if heat was not included, fill in 25% (.25), of rent from line 13a of the rent certificate(s) or line 3 of Schedule 2 . . . . . . . . . . . . . . . . . . . . . . . . 3 Add line 1 and line 2; fill in the smaller of a) the total of lines 1 and 2, or b) $1,450 4 Divide line 3 by 12. . . . . . . . . . . . . . . . . . . 5 Number of months in 2008 for which you did not receive a) any Wisconsin Works (W2) payments, or b) county relief payments of $400 or more . . . . . . . . . . . . 6 Multiply line 4 by line 5. Fill in here and on line 15 of Schedule H. Do not fill in line 13 or 14 . . . . . . . . . . . . . . . . . . . . . . .

Complete this schedule if, for any month of 2008, you received a) Wisconsin Works (W2) payments of any amount, or b) county relief payments of $400 or more. If you received these payments for all 12 months of 2008, do not complete Schedule H; you do not qualify for homestead credit. Example: You received Wisconsin Works payments for 4 months in 2008. Rent paid for 2008 was $4,500, and heat was included. Line 2 20% of rent paid ($4,500 x .20) . . . . . . . . . . . . $900 4 5 6 Monthly rent ($900 ÷ 12) . . . . . . . . . . . . . . . . . $475 Number of months no Wisconsin Works received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

Reduced rent ($75 x 8 months) . . . . . . . . . . . . $600

In this example, $600 would be filled in on line 15 of Schedule H. Note

I-016b

Homeowners Age 65 or Older ­ The Property Tax Deferral Loan Program provides loans to help individuals age 65 or older pay their property taxes. Qualified applicants may participate even if they receive homestead credit. For more information or loan application forms, write to Wisconsin Housing and Economic Development Authority, PO Box 1728, Madison WI 53701-1728. Do not use this address for homestead credit purposes.