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Homeowners: Enter the 2021 taxable value of your homestead (see instructions). If you did not check box 8 above and your taxable value is greater than $136,600, STOP; you are not eligible.
Deaf, blind, hemiplegic, paraplegic, quadriplegic, or totally and permanently disabled. *If you checked box “c,” enter dates of Michigan residency in 2021. Enter dates as MM-DD-YYYY (Example: 04-15-2021). 8. Homestead Status.
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Michigan Department of Treasury (Rev. 04-21), Page 1 of 3 Amended Return 2021 MICHIGAN Homestead Property Tax Credit Claim MI-1040CR Issued under authority of Public Act 281 of 1967, as amended. Type or print in blue or black ink. Attachment 05 . 1. Filer’s First Name . M.I. Last Name : 2. Filer’s Full Social Security No. (Example: 123-45 ...
In Michigan, a Homestead Property Tax Credit is filed with your federal and state income taxes. If you didn’t meet the filing threshold for income taxes, you may file a Homestead application with the Michigan Department of Treasury.
2021 Michigan Homestead Property Tax Credit Claim MI-1040CR. What is the income limit for homestead credit in Michigan? The Homestead Property Tax Credit is a refundable credit avail- able to eligible Michigan residents who pay high property taxes or rent in relation to their income.
Oct 7, 2024 · Below, you'll find answers to frequently asked questions about the Michigan homestead property tax credit: How do you generate the Michigan property tax credit on Form MI-1040CR? You can generate the MI-1040CR by: Go to Input Return ⮕ Deductions ⮕ Itemized Deductions (Sch A) Select Taxes to jump to that section.
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If you are blind and own your homestead, are in the active military, are an eligible veteran, or an eligible veteran’s surviving spouse, complete forms MI-1040CR and MI-1040CR-2 (available on Treasury’s website.) Use the form that gives you a larger credit. If you are blind and rent your homestead, you cannot use the MI-1040CR-2.
