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MI property tax credit

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    MI property tax credit

    I know we have an expert here on this credit, but darned if I remember who it is. Hoping they will see this and respond.

    I have a situation I've not previously encountered. Client has lake house with 2 additional adjoining lots. When I pull up the property tax records they all show as 100% homestead and all 3 the homestead exempt amount is the same as the taxable value. 2 have class code 401-improved and 1 has class code 402-vacant. Can I use all 3 for the credit? I'm not having much luck telling me if I can or can't.

    #2
    I found this https://www.michigan.gov/documents/t...s_406976_7.pdf

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      #3
      Thanks for checking. MI can be a real pain w/ this credit. They questioned my retired client 3 years running on it, only to concede that he was entitled after harassing him. I just wasn't sure if they allow it on extra lot, but I sent it through that way. I'll see what they do with it.

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