Preliminary information for the Wholesale Marihuana Tax is now available.
Farmland
Frequently Asked Questions
- What should I do if my claim for a farmland preservation tax credit was denied stating the Michigan Department of Agriculture and Rural Development has no record of an agreement number as indicated on my Schedule CR-5?
- Am I required to submit a signed distribution statement or a Schedule K-1?
- Do I need to claim my farmland preservation tax credit as income?
- Do I need to claim my homestead property tax credit as income?
- Do I need to provide a MI-1040CR when claiming a farmland preservation tax credit?
- How and when can I claim a new agreement?
- How do I claim an agreement which covers land on multiple property tax statements?
- How do I determine my eligible property taxes for the farmland preservation tax credit if my tax statement(s) include land excluded from my farmland development rights agreement(s) (FDRA)?
- I reduced my property taxes to the percentage of Principal Residence Exemption (P.R.E.)/Qualified Agricultural exemption, but still received the message the property taxes were reduced for credit. Why were they reduced further?
- My farmland preservation tax credit was issued jointly with the county, how do I cash it?
- My property tax statement has land enrolled in multiple agreements. How do I claim those agreements?
- My property taxes have been corrected based on the taxable value reported on my Schedule CR-5 and the actual local millage rate. I am claiming the total taxes billed on my property tax statement(s). Why were my property taxes reduced?
- Should I file an Individual Income Tax return (MI-1040) or a Michigan Business Tax return (Form 4594) to claim my Farmland Preservation Tax Credit?
- What must be included with my claim for a farmland preservation tax credit?
- What property taxes am I eligible to claim if I purchased/sold property enrolled in a farmland development rights agreement (FDRA) during the tax year?
- What property taxes may be claimed on a farmland preservation tax credit?
- What should I do if my farmland preservation tax credit was denied because the farmland development rights agreement(s) (FDRA) I claimed was not in my name?
- Where can I find my agreement number?
- Why was my farmland preservation tax credit issued jointly with the county?
- Why was my farmland preservation tax credit reduced for special assessments, collection fees in excess of 1%, penalties and/or interest?
- Why was my farmland preservation tax credit reduced to the Principal Residence Exemption (P.R.E.) or Qualified Agricultural exemption percentage indicated on my property tax statement(s)?