turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

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

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Anita01
New Member

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

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 

http://www.michigan.gov/taxes/0,4676,7-238-43535_43538-155081--,00.html

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies