Questions & Answers

What is the Homestead Property Tax Credit?

This credit, for most people, is based on a comparison between the household income and property taxes paid. Homeowners pay property taxes directly, and renters pay them indirectly with their rent.

The credit is designed to give the greatest property tax relief to senior citizens, disabled or blind persons, and disabled veterans as well as the surviving spouse of a veteran. Michigan residents who are not in these groups but have income below certain thresholds may also qualify for the credit.

You may not claim rent paid for vacant farmland when computing your property tax credit claim. Farmland owned by an LLC may not be claimed for a homestead property tax credit by one of the individual members.

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