Because Treasury has started issuing the expanded Michigan EITC supplemental check payments for tax year 2022, it is no longer necessary to view or manually update your address. If you moved between last year and now, please be sure your new address is on your 2023 individual income tax return filing.
If I am purchasing a home on a land contract, how do I calculate my homestead property tax credit?
If you are purchasing your home on a land contract you are considered the owner of the home. Use the total taxes levied on the home in the year of claim for computing the credit; you may not include special assessments or penalty/interest fees in property taxes claimed for credit.
Note: Monthly amounts paid per the land contract are not considered rent to be used for the purpose of computing the credit.