Form MI-1040CR, 2003 Michigan Homestead - State of Michigan - michigan-2025

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Long-term Resident Senior Exemption The property must qualify for a homestead exemption. At least one homeowner must be 65 years old as of January 1. Total Household Adjusted Gross Income for everyone who lives on the property cannot exceed statutory limits.
You are considered a natural person (owner or claimant), and not a living trust, irrevocable trust, or other legal entity, such as a S corporation or LLC, etc. Your homestead is in Michigan (whether you rent or own). You were a Michigan Resident for at least 6 months of the year you are filing in.
The senior tax credit is open to people age 65 and older who want to lower their tax bill, and certain adults under age 65 on permanent and total disability. Your tax filing status, nontaxable income and adjusted gross income will determine how much in tax credits you receive.
Filing your Home Heating Credit Claim MI-1040CR-7 can be done by mail or electronically.
Pursuant to MCL 211.51, senior citizens, disabled people, veterans, surviving spouses of veterans and farmers may be able to postpone paying property taxes.

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You may claim a property tax credit if all of the following apply: Your homestead is located in Michigan You were a Michigan resident at least six months of 2018 You own your Michigan homestead and property taxes were levied in 2018, or you paid rent under a rental contract.
Taxes arent determined by age, so you will never age out of paying taxes. People who are 65 or older at the end of 2024 have to file a return for tax year 2024 (which is due in 2025) if their gross income is $16,550 or higher. If youre married filing jointly and both 65 or older, that amount is $32,300.
The State of Michigan does not currently offer a property tax exemption for senior citizens. However, Senior Citizens are entitled to the Homestead Property Tax Credit.

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