Question about MI homestead property tax credit. If I pay rent on a home as a tenant, do I qualify for this deduction

bssoccer08 — Thu, 06 Jun 2019 09:18:25 GMT

Yes, as you can see from he qualifications listed below,...

Anita01 — Thu, 06 Jun 2019 09:18:26 GMT

Yes, as you can see from he qualifications listed below, renters can also qualify.

Who qualifies for a homestead property tax credit?

You may claim a property tax credit if all of the following apply beginning 2012:

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
Your total household resources are $50,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies)

From the MI Department of Revenue