Who qualifies for a Homestead Property Tax Credit?

In order to receive the Homestead Property Tax Credit, all of the following must apply:
  • Your homestead (the place where you have your permanent home, the place you plan to return to whenever you go away) is in Michigan.
  • You were a resident of Michigan for at least 6 months during the year.
  • You pay property taxes or rent on your Michigan homestead.
  • You were contracted to pay rent or you own the Michigan homestead you live in.
  • Your household resources are less than $50,000.
  • Your homestead's taxable value is below $135,000.

What if I own a mobile home and not only pay property taxes for an attachment (garage, shed, deck, etc.) but also pay rent for the lot it sits on?

You should select 'Both' as the answer to the question asking if you owned or rented your homestead. As long as you are billed separately by the local assessor's office for property taxes, you would claim those taxes in the 'owner' section. Then, you would enter the rent you had to pay for the lot in the 'renter' section.

Deluxe Edition

Includes All Free Features PLUS:

Audit Assist

Protect your taxes with Audit Assist!

Our tax professionals will assist you if you are audited by the IRS. Get the peace of mind that comes from knowing you are covered.

Included with DELUXE...
Find out More!

Free Edition

FREE Federal, FREE e-file

Our online application is designed to be simple and fast. Most returns can be completed within 30 minutes. No software to download. Use any computer that has an internet connection.

© 2002-2015 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use