What is a senior alternate credit and who qualifies?
The alternate credit is available to renters age 65 or older whose rent is more than 40 percent of his/her total household resources. Individuals who qualify should use both the standard and alternate methods to determine which gives them the larger credit. The worksheet for the Alternate Property Tax Credit For Renters Age 65 And Older can be found in the
MI-1040 instruction booklet.