Not exactly, but if you meet certain requirements, you may use your rent in computing the credit. There is a Homestead Property Tax Credit. you can claim this 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
- you total household resources are $50,000 or less.
See www.michigan.gov/taxes for more information.
If you are required to file a Michigan Individual Income Tax return MI_1040, submit the Michigan Homestead Property Tax Credit Claim MI-1040CR with your MI-1040. If you are not required to file an MI-1040, you may file the MI-1040C by itself. You have 4 years from the original due date to file your claim.
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