May I claim a homestead property tax credit if I am a college student?

College students whose permanent homes are not in Michigan are not considered Michigan residents.

You may qualify if all of the following apply:

• Your homestead is in Michigan.
• You were a resident of Michigan for at least six months during the year.
• You own or are contracted to pay rent and occupy a Michigan homestead on which property taxes were levied.
• If you own your home, your taxable value is $154,400 or less.
• Your total household resources do not exceed $67,300. Part-year residents must annualize total household resources to determine if the credit reduction applies.
• Your total household resources do not consist solely of payments received from Michigan Department of Health and Human Services.

View the MI-1040CR instruction booklet to determine if you qualify.