WI AB628

Expands the veterans and surviving spouses property tax credit to allow eligible renters to claim the credit, not just property owners

Defines "rent constituting property taxes" as 20% of annual rent if heat is included, or 25% if heat is not included

Currently, renters can only claim the credit if they pay property taxes directly to the municipality under a written agreement with the landlord

When spouses file separately, each may claim 50% of the total rent constituting property taxes for their principal dwelling

Applies to taxable years beginning on or after January 1, 2026