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Dept of Revenue: Secretary Peter Barca named president of national organization – Federation of Tax Administrators

Dept of Revenue: Secretary Peter Barca named president of national organization – Federation of Tax Administrators
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New state website provide details on tax allocations

New state website provide details on tax allocations
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Lottery credit lowers tax bills for Wisconsin homeowners by an average $161

Lottery credit lowers tax bills for Wisconsin homeowners by an average $161 WISCONSIN (CBS 58) A lottery tax credit helped Wisconsin homeowners save more than $237 million in 2020.  According to a news release from the State of Wisconsin Department of Revenue on Tuesday, Feb. 9, Wisconsin homeowners who paid their property tax bills this past December and January, may have noticed their bill was reduced by an average of $161. The Lottery Credit is shown on tax bills as a reduction of property taxes due, the department says. If a taxpayer pays their taxes in two or more installments, the credit is applied to the first installment. The credit is paid by the state to counties or municipalities on the fourth Monday in March. The county or municipality receiving the payment settles with overlying taxing jurisdictions

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