Here are the qualifications to receive the credit per the Michigan Department of Treasury:
Who qualifies for a homestead property tax credit?
You may claim a property tax credit if all of the following apply:
- Your homestead is in Michigan
- You were a resident of Michigan for at least six months during the year
- You own or are contracted to pay rent and occupy a Michigan homestead on which property taxes were levied
- If you own your home, your taxable value is $135,000 or less (unless unoccupied farmland)
- Your total household resources are $60,000 or less (part year
residents must annualize total household resources to determine if a
credit reduction applies)
If 100% of your total household resources are received from
the Michigan Department of Health and Human Services, you do not qualify
Checklist for Determining Total Household Resources
