No, the real estate tax amount should automatically be included. The taxable value is different.
Before searching for the Taxable Value, keep in mind there are limits to the credit. The credit is not available if your household resources are greater than $60,000 or if the taxable value is more than $135,000, you are not eligible. In such an event, you could shortcut this whole exercise and enter $135,000 at your Check this entry point.
If you do think you are eligible or have been in the past, then you can find this information online. Otherwise, the taxable value is mailed to you annually from your city or township.
To find your taxable value of your principal residence online, follow these steps:
- Go to: Michigan Municipal Directory
- From there, enter your county
- Next, scroll and click on your city or township
- Enter your address
- Click on your name or parcel ID
- Scroll to General Information for 2020 and find your Taxable Value just below the Assessed Value
To see the directions yourself, go to 2020 MI-1040CR Instructions beginning on page 31.
