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The Daily Check

Program

Michigan property-tax credit

A credit on your state tax return for lower-income homeowners and renters.

What it can pay for

Official name
Michigan Homestead Property Tax Credit (Form MI-1040CR)
Where
MI
Status
Program running
Most it pays
$1,900 per-year
About the amount
Max $1,900 for tax year 2025 (up from $1,800/$1,700/$1,600 in TY2024/23/22, rising $100/year). Owners: taxes minus 3.2% of Total Household Resources, times a percentage (100% at/below THR $21,000 for seniors 65+, sliding to 60% above $30,000; 60% for everyone else; 100% if disabled). Renters use 23% of rent as the tax figure (10% for service-fee housing); renters 65+ also get an alternate formula (rent minus 40% of THR) and take whichever is larger.
Housing rules
No minimum age — seniors 65+ just get a larger percentage of the credit. Owners: taxable value cap $165,400 (TY2025), which doesn't apply to renters. Nursing home, adult foster care, home-for-the-aged and assisted-living residents count as renters via facility tax share. Mobile home lot renters claim $3/month plus 23% of remaining lot rent.
How long it takes
Filed once a year with the annual return; refund or reduced tax owed. Missed years can be claimed back up to 4 years.
How to apply
File Form MI-1040CR with your MI-1040, or by itself if you don't need to file a return; e-file or mail to Michigan Department of Treasury.
Does not pay for
Can't claim delinquent taxes from earlier years, penalties/interest, water/sewer bills, association dues, or taxes on a second home/cottage.
Official source
michigan.gov
Last checked
September 29, 2026