Scammers are contacting taxpayers while pretending to be from the Michigan Department of Treasury, using out‑of‑state phone numbers. They may request payments or attempt to trick you into providing your bank account information. Always verify the source before sharing any personal or financial details.
For what tax years may deductions be taken for contributions to First-Time Home Buyer Savings Accounts?
Deductions for contributions by the account holder to first-time home buyer savings accounts may be taken for tax years that begin on or after January 1, 2022, and through December 31, 2026.