MI-1040CR-5: Farmland Preservation Tax Credit Claim (2025)
Michigan · Michigan Treasury · Used for tax years 2025
Form MI-1040CR-5 is Michigan’s 2025 Farmland Preservation Tax Credit Claim, included with Form MI-1040. It calculates the credit using taxes on land covered by Farmland Developmental Rights Agreements, household income, applicable loss adjustments, and any Homestead Property Tax
Who files this form
Use the 2025 MI-1040CR-5 to claim the Michigan Farmland Preservation Tax Credit for taxes on land covered by a Farmland Developmental Rights Agreement. Include this claim with Form MI-1040.
The form does not provide a full list of eligibility requirements.
What you'll need
Have these forms and details available to complete the claim:
- Schedule CR-5: Complete it before Part 1. You will use the total taxes from line 3, column F.
- Form MI-1040: Include the claim with this return and report the credit on line 27.
- The applicable credit form: MI-1040CR, MI-1040CR-2 or MI-1040CR-7 supplies your total household resources. MI-1040CR or MI-1040CR-2 supplies your Homestead Property Tax Credit, if applicable.
- Your federal return: The claim asks for any depletion allowance and applicable business, farm, rental, real estate or royalty income or losses. If you have a federal net operating loss deduction, Part 4 also asks for adjusted gross income and deduction details.
- Personal and property tax information: Your full Social Security number, your spouse’s full Social Security number for a joint return, and qualifying home and farmland taxes not covered by an agreement, if applicable.
How to file
Include MI-1040CR-5 with Form MI-1040. Type or print in blue or black ink.
Complete Schedule CR-5 before completing Part 1. If applicable, calculate the loss adjustment on page 2 and carry line 33 to line 9 on page 1.
Follow the Part 1 calculation to carry the credit from line 15 or line 20 to MI-1040, line 27. The supplied form does not give a mailing address or e-filing directions.
Common mistakes
- Do not start Part 1 before completing Schedule CR-5.
- Check line 5 only if all taxes qualifying for a Homestead Property Tax Credit are included on line 4. If you do not check it, enter the qualifying taxes not under an agreement on line 6.
- On line 14, enter zero if multiplying line 12 by 3.5% gives a negative result.
- If line 17 is less than line 7, carry line 15 to MI-1040, line 27, and stop there.
- If you have no federal net operating loss deduction, skip Part 4 to line 33.
- Enter the federal net operating loss deduction on line 25 as a positive number, but the allowable deduction on line 32 as a negative number. Lines 23, 24 and 33 are marked as requiring amounts less than zero.
Questions people ask
Which form do I complete first?
Complete Schedule CR-5 before Part 1 of MI-1040CR-5.
Where do I get my total household resources?
Use MI-1040CR, line 33; MI-1040CR-2, line 32; or MI-1040CR-7, line 35. Enter that amount on line 8.
Does the calculation include a depletion allowance?
Yes. Line 11 asks for the depletion allowance claimed on your federal return. Line 12 adds it to total household income from line 10.
What if I did not itemize deductions?
In Part 4, skip to line 29g and enter your standard deduction. Carry that amount to line 30.