Wisconsin Raises Occasional Sale Exemption Threshold for Antique and Other Sellers

People who sell antiques, crafts, and artwork at antique, craft or art fairs, shows, or malls in Wisconsin whose sales are less than $2,000 in a calendar year may qualify for Wisconsin’s occasional sale exemption. Previously, the threshold was $1,000. The change in the threshold became effective January 1, 2018 and applies to any seller with less than $2,000 in sales of taxable products and services in a calendar year, provided the seller is not pursuing a vocation, occupation, or business as a vendor of taxable products. The Wisconsin Department of Revenue released an updated sales tax guide for sellers of antiques, crafts, and artwork to highlight the threshold change. For more information, you can visit the guide. (Publication 230: Sales and Use Tax Information for Sellers of Antiques, Crafts, and Artwork, Wisconsin Department of Revenue, June 2019)

Posted on July 16, 2019