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Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

About half of the scholarship money went directly to the school for tuition. I used the rest for room and board.

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Cindy0H
New Member

Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

Yes, scholarships are included in the Michigan Total Household Resources (income). To qualify, your total household resources are $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies).

Here is the Michigan Checklist:

https://www.michigan.gov/documents/taxes/ChecklistDetermineTHR_444822_7.pdf

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1 Reply
Cindy0H
New Member

Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

Yes, scholarships are included in the Michigan Total Household Resources (income). To qualify, your total household resources are $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies).

Here is the Michigan Checklist:

https://www.michigan.gov/documents/taxes/ChecklistDetermineTHR_444822_7.pdf

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