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shelly-bob
New Member

Can I claim Michigan homestead tax credit for renters?

I am a senior citizen. How do I claim Michigan homestead credit?
1 Best answer

Accepted Solutions
bluedeb
Level 15

Can I claim Michigan homestead tax credit for renters?

You may qualify for a property tax credit if all of the following apply:

  • You own or were contracted to pay rent and occupied a Michigan homestead for at least 6 months during the year on which property taxes and/or service fees were levied.  If you own your home, your taxable value was $135,000 or less (unless unoccupied farmland)
  • Your total household resources were $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies)
  • If 100% of your total household resources were received from the Michigan Department of Health and Human Services, you do not qualify

Note: You may be required to submit documentation to support your claim. See Homeowners or Renters Checklist for details.

 

How do I file a Michigan Homestead Property Tax Credit Claim MI-1040CR?

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-1040CR by itself. You have 4 years from the original due date to file your claim.

 

If you are active military, an eligible veteran, or the surviving spouse of a veteran, complete the MI-1040CR and the MI-1040CR-2, Michigan Homestead Property Tax Credit Claim for Veterans and Blind People. File the form that gives you the larger credit.

 

 
-Under the State taxes tab, choose the state that you lived in and paid rent in for the 8 months. Click on Edit across from your state. -Next, it will ask you what type of rental.

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1 Reply
bluedeb
Level 15

Can I claim Michigan homestead tax credit for renters?

You may qualify for a property tax credit if all of the following apply:

  • You own or were contracted to pay rent and occupied a Michigan homestead for at least 6 months during the year on which property taxes and/or service fees were levied.  If you own your home, your taxable value was $135,000 or less (unless unoccupied farmland)
  • Your total household resources were $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies)
  • If 100% of your total household resources were received from the Michigan Department of Health and Human Services, you do not qualify

Note: You may be required to submit documentation to support your claim. See Homeowners or Renters Checklist for details.

 

How do I file a Michigan Homestead Property Tax Credit Claim MI-1040CR?

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-1040CR by itself. You have 4 years from the original due date to file your claim.

 

If you are active military, an eligible veteran, or the surviving spouse of a veteran, complete the MI-1040CR and the MI-1040CR-2, Michigan Homestead Property Tax Credit Claim for Veterans and Blind People. File the form that gives you the larger credit.

 

 
-Under the State taxes tab, choose the state that you lived in and paid rent in for the 8 months. Click on Edit across from your state. -Next, it will ask you what type of rental.

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