Investors & landlords
Yes, Michigan still has a Homestead Property Tax Credit for 2024. It is a tax credit for qualified Michigan homeowners and renters, which helps to pay some of the property taxes homeowners or renters have been billed. The Homestead Property Tax Credit Claim form is included in TurboTax and is ready to print and supported for e-file.
When you complete the Michigan interview in TurboTax, you will see the section for the credit at the screen, Take a look at Michigan credits and taxes, as long as you had already indicated you were a Michigan resident at least part of the year and that you owned or rented a home that was subject to property taxes. See screenshot below:
See here for more information about the credit.
