MI-1040CR: Homestead Property Tax Credit Claim (2024)
Michigan · Michigan Treasury · Used for tax years 2024
Form MI-1040CR is Michigan’s 2024 Homestead Property Tax Credit Claim. It reports property taxes or rent paid and total household resources to calculate your homestead property tax credit.
Who files this form
Use the 2024 MI-1040CR to claim Michigan's homestead property tax credit. The form includes sections for homeowners, renters, and people living in certain housing or care facilities.
The form lists these eligibility limits:
- Total household resources on line 33 cannot exceed $69,700.
- For homeowners who do not check the unoccupied agricultural farmland box on line 8, the homestead's taxable value cannot exceed $160,700.
- If the amount on line 34 is greater than the amount on line 13, the form says to stop because you are not eligible.
The form provides separate calculations for senior claimants, disabled claimants, and all other claimants.
What you'll need
Have the information needed to complete the form:
- Your full Social Security number, address, and five-digit school district code. For a joint return, include your spouse's information.
- Amounts for the household income, benefits, adjustments, and medical insurance/HMO premiums requested on lines 14 through 31.
- For homeowners, the 2024 taxable value and property taxes levied on the homestead. If you moved, you also need the homestead addresses and days occupied.
- For renters, each rental address, the landowner's name and address, months rented, monthly rent, and total rent you paid.
- For direct deposit, your routing number, account number, and account type.
Include Form 5049 if you are a part-year resident or married filing separately. Senior renters, including those paying rent to adult care facilities, must complete Worksheet 5 in the MI-1040 book.
How to file
Type or print in blue or black ink. Complete and include all three pages, including the applicable homeowner, renter, or housing-facility sections. Complete the taxpayer certification and signature fields.
Complete the applicable calculation in Part 1 and the property tax credit calculation in Part 2. All filers must complete Part 2.
- If you are also filing Form MI-1040: Include MI-1040CR behind it. Carry the credit from MI-1040CR, line 44, to MI-1040, line 25.
- If you are not filing Form MI-1040: Mail MI-1040CR to:
Michigan Department of Treasury
Lansing, MI 48956
Common mistakes
- Leaving out pages 2 or 3: The form cannot be processed unless both pages are completed and included.
- Using a P.O. Box without completing line 45: The form requires line 45 when you use a P.O. Box.
- Leaving out a spouse's income on a joint return: Include income from both spouses in total household resources.
- Missing Form 5049: Include it if you are married filing separately or a part-year resident.
- Counting rental assistance as rent you paid: Renters receiving subsidized rental assistance must enter only the amount they paid. Line 55 also excludes amounts paid on your behalf by a government agency.
- Reporting too much time in a home: For homeowners who moved, total days occupied on line 47 cannot exceed 366. Rent on line 53 cannot cover more than 12 months.
- Including food assistance on line 27: The form specifically says not to include it.
Questions people ask
Can I file this claim without filing Form MI-1040?
Yes. The form provides a separate mailing address for claimants who are not also filing MI-1040: Michigan Department of Treasury, Lansing, MI 48956.
Can I receive my refund by direct deposit?
Yes. Complete the direct deposit fields with your routing number, account number, and checking or savings account selection.
What if I qualify as both a senior and a disabled claimant?
Part 1 directs claimants who check both boxes 5a and 5b to use Section B, the disabled claimant calculation.
What special calculation applies to senior renters?
Seniors who pay rent, including rent to adult care facilities, must complete Worksheet 5 in the MI-1040 book and enter its result on line 44. The printed maximum is $1,800.