Wisconsin Historic Tax Credits

Wisconsin’s historic business communities remind us of the state’s rich architectural history while continuing to serve as centers of congregation and commerce. Preserving the commercial buildings of yesteryear is critical to maintaining strong economic interest in the communities they serve.

How It Works

The Historic Preservation Tax Credit applies to certified historic buildings. Under the program, owners of eligible buildings may receive a state income tax credit for 20 percent of the qualified rehabilitated expenditures. This program applies to rehabilitation expenditures, as defined in section 47(c)(2) of the Internal Revenue Code, of $50,000 or more.

Learn more with the Wisconsin Historical Society

 

Wisconsin Historic Tax Credit Analysis Impact Analysis Calendar Years 2014-2016

Click image to download (PDF)

Click image to download (PDF)

National Trust for Historic Preservation

Understanding the importance of the tax credit program: Read more here or watch below…

 
"Our tax credits have made the preservation of our older buildings not only a matter of respect for beauty and history, but of economic good sense." --President Ronald Reagan in 1984 Since that time, the federal historic tax credit has played a critical role in revitalizing small towns and cities, creating jobs, and increasing economic activity, all while returning more tax revenue to the Treasury than it costs.