Deductions & credits
No, you don't enter the spread, You do not qualify for the credit. The qualifications are:
Homestead Property tax credit
- For the 2024 tax season, this credit is worth up to $1,800.
- For homeowners, your taxable value must be $160,700 or less.
- For both homeowners and renters, your total household resources must be $69,701 or less.
- MI has an example here for property tax and assessed value. Reference: Homestead Property Tax Credit
