Deductions & credits

The credit is not showing on your return?

You should complete the Michigan Homestead Property Tax Credit Claim MI-1040CR to see if you qualify for the credit.

To preview your forms: How do I preview my TurboTax Online return before filing?

You may qualify for a homestead 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 $143,000 or less.
• Your total household resources are $63,000 or less. Part-year residents must annualize total household resources to determine if the credit reduction applies.
• Your total household resources do not consist solely of payments received from the Michigan Department of Health and Human Services

There are additional steps for the Michigan Homestead Property Tax Credit MI-1040CR after the 3.2% for senior claimants and for disabled claimants, as well to determine if you qualify for the credit.( check line 34 and 35 on the MI-1040CR form)

Instructions for form MI-1040CR2022, MI-1040CR Instructions

To claim the credit on your return:

1. Open your return.
2. Go to State Taxes.
3. Select Edit next to Michigan return.
4. Continue until you get to the screen Homestead Property Tax Credit