Armed forces member tax credit.
(a) Definitions.
(a)Definitions.#
In this subsection: 1. “Claimant” means an active duty member of the U.S. armed forces, as defined in 26 USC 7701 (a) (15). 2. “Military income” means an amount of basic, special or incentive pay income, as those terms are used in 37 USC chapters 3 and 5, received by a claimant from the federal government.
(a)(1)#
“Claimant” means an active duty member of the U.S. armed forces, as defined in 26 USC 7701 (a) (15).
(a)(2)#
“Military income” means an amount of basic, special or incentive pay income, as those terms are used in 37 USC chapters 3 and 5, received by a claimant from the federal government.
(b)Filing claims.#
Subject to the limitations and conditions provided in this subsection, a claimant may claim as a credit against the tax imposed under s. 71.02, up to the amount of those taxes, one of the following amounts: 1. For taxable years beginning before January 1, 2006, an amount up to $200 of military income for services performed by the claimant while he or she is stationed outside of the United States. 2. For taxable years beginning after December 31, 2005, an amount up to $300 of military income for services performed by the claimant while he or she is stationed outside of the United States.
(b)(1)#
For taxable years beginning before January 1, 2006, an amount up to $200 of military income for services performed by the claimant while he or she is stationed outside of the United States.
(b)(2)#
For taxable years beginning after December 31, 2005, an amount up to $300 of military income for services performed by the claimant while he or she is stationed outside of the United States.
(c)Limitations and conditions.#
1. No credit may be allowed under this subsection unless it is claimed within the time period under s. 71.75 (2). 2. Part-year residents and nonresidents of this state are not eligible for the credit under this subsection. 3. If both spouses of a married couple meet the definition of claimant under par. (a) 1., each spouse may claim the credit under this subsection. 4. No credit may be claimed under this subsection by an individual who claims the subtraction under s. 71.05 (6) (b) 34. 5. No new claims may be filed under this subsection for taxable years that begin after December 31, 2020.
(c)(1)#
No credit may be allowed under this subsection unless it is claimed within the time period under s. 71.75 (2).
(c)(2)#
Part-year residents and nonresidents of this state are not eligible for the credit under this subsection.
(c)(3)#
If both spouses of a married couple meet the definition of claimant under par. (a) 1., each spouse may claim the credit under this subsection.
(d)Administration.#
Subsection (9e) (d), to the extent that it applies to the credit under that subsection, applies to the credit under this subsection.