Instructions for the Wisconsin Real Estate Transfer Return - Amended (PE-500x)

  • An amended return is ONLY used to correct an error on the Electronic Real Estate Transfer Returns (eRETR) after the document is recorded by the Register of Deeds. If you need to re-record your deed at the Register of Deeds to correct error(s) on the deed, you will need to complete a new eRETR for your documents to be accepted.
  • File an amended PE-500x for an eRETR correction, additional transfer fee due, or refund.
  • To correct the TAX BILL ADDRESS, contact the county treasurer directly.
  • To avoid any penalties resulting from errors on the filed return, you must make corrections within 60 days from date recorded as shown on the recorded return or before any audit has started on the conveyance.

Procedures

In addition to the information that is being corrected, you must include the following items:

  • County name where the document was recorded
  • Document Number and date recorded of document being corrected
  • Grantor's last name. This is the name of the first grantor entry on the filed return
  • Grantee's last name. This is the name of the first grantee entry on the filed return
  • eRETR Receipt Number
  • Name and contact information of person amending the return

These fields are shown with an * on the form. The above information enables the Wisconsin Department of Revenue to retrieve the original filed transfer return so you do not need to furnish a copy.

Check the box or boxes for the section that needs amending. When checking more than one box, indicate which box each correction applies to in the Enter error(s) field. Enter in the Enter error(s) column the incorrect information as shown on the filed return and enter the correct information in the Enter correction(s) column.

Example: Grantor’s last name was spelled wrong. Check the Grantor box. In the left column, enter the name as it appears incorrectly on filed return. In the right column, enter the correct spelling. Since this is the only item needing correction, no other entries are required.

Complete all "Required" fields; print the Amended eRETR for your records and then select "Submit" to send the form to the department. You will see a confirmation screen indicating your information was sent.

Detailed Section Corrections

Grantors and Grantees:
If any grantor or grantee was omitted, enter "Omitted" in left column and add all information regarding the grantor or grantee asked for on the transfer return in the right column.
Parcels:
If omitted, enter "Omitted" in left column and add all information asked for in this section in right column.
Primary Residence:
If primary residency changes, you must include a statement in right column attesting to the change.
Legal:
If lengthy, enter "See Attached" in correction box and attach a Word document to the email.
Physical description:
Any change to property type; predominant use; number of units; square footage/acres; MFL/PCF; or water frontage. Must explain if Other is used for any field.
Transfer:
Any change to: type; conveyance date, document. Explain if Other.
Financing:
In correction box, enter all types of financing.
Rental Weatherization:
Weatherization program under sec. 101.122, Wis. Stats. no longer exists.
Fee Computation:
You may simply email any corrections except when any refund or payment of additional transfer fee is due, then you must print and mail the amended return. See Print and Mail the Amended eRETR section below.
Agent, Grantor/Grantee:
Indicate which it is for: Grantor or Grantee.

Print and Mail the Amended eRETR

For Refunds

Value correction:

  • Copy of the recorded deed
  • Appraisal or other information supporting the value on the amended return
  • Explanation of how you arrived at the value shown on the original
  • Name or names refund should be made out to

Exemption correction:

  • Copy of the recorded deed
  • Substantiation of exemption claimed. Example: Fee was paid and now claiming exemption 8, gift between parent and child would require a copy of the gift tax form filed with the IRS
  • Name or names refund should be made out to

For Additional Transfer Fee to be Paid

Value correction:

  • Copy of the recorded deed
  • Appraisal or other information supporting the value on the amended return
  • Explanation of how the value shown on the original was arrived at
  • Check made out to the Wisconsin Dept. of Revenue

Exemption correction:

  • Copy of the recorded deed
  • Explanation of the original exemption shown on the original return and why it does not apply
  • Check made out to the Wisconsin Dept. of Revenue

Mail the Amended eRETR along with the documentation required to:

Wisconsin Dept. of Revenue
Transfer Fees
P.O. Box 8971, MS 6-97
Madison, WI 53708-8971

Footnote, Penalties

Values and exemption from fee, if claimed:

Penalties will be assessed for understatement of values and improperly claimed exemptions. The penalties for use of an improper exemption or understating value are imposed per s. 77.26(8), Stats. If the department of revenue determines that the value reported on the return under s.77.22, Stats. is understated by 25% or more or that an exemption was improperly claimed under s. 77.25, Stats. the department shall assess and collect a penalty of $25 or 25% of the additional fee due, whichever is greater , in the manner that additional transfer fees are collected. The penalty for falsifying value is imposed per s. 77.27, Stats. : Any person who intentionally falsifies value on a return required to be filed under this subchapter may for each such offense be fined not more than $1,000 or imprisoned in the county jail not more than one year, or both.

Primary Residence:

Penalties for improperly claimed Lottery and Gaming Credit are imposed under Chapter Tax 20.12. If determination that the property is not eligible for the Lottery and Gaming Credit prior to the time the tax roll is prepared, the department shall instruct the treasurer under Chapter Tax 20.12(2(a)2. to deny the credit and if the determination is after the tax roll is prepared, the department shall instruct the appropriate taxation district to collect the credit as a special charge on the next tax bill issued for the property.

Exclusion From Commerce’s Rental Weatherization Program:

Weatherization program under sec. 101.122, Wis. Stats. no longer exists.

January 2, 2018