Homestead Property Tax Credit available for eligible Michiga

Homestead Property Tax Credit available for eligible Michiganders


Homestead Property Tax Credit available for eligible Michiganders
Scripps
Tax experts say with so many business and employment situations changing during the pandemic it's making for a unique tax season with many questions and unique situations.
and last updated 2021-04-08 16:03:30-04
LANSING, Mich. — Working families and individuals with household resources of $60,000 or less per year may be eligible for a Homestead Property Tax Credit, according to the Michigan Department of Treasury.
For most people, the tax credit is based on a comparison between property taxes and total household income, with homeowners paying property taxes directly and renters paying them indirectly with their rent.

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