Wisconsin DOR Publishes Information on Preparing, Claiming 2022 Farmland Preservation Income Tax Credit

Wisconsin DOR Publishes Information on Preparing, Claiming 2022 Farmland Preservation Income Tax Credit


The Wisconsin Department of Revenue (DOR) March 1 published information on the Farmland Preservation Credit for use in preparing 2022 claims for individual income, corporate income, trust income, and property tax purposes. The DOR provides information on topics including: 1) the procedure and eligibility to claim the credit; 2) the monetary extent of the credit; 3) the receipt of the credit as taxable income; 4) the effect of the occurrence of marriage, divorce, or separation during a taxable year; and 5) examples and definitions. A credit claim must be filed not later than four years after the unextended due date …



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