Michigan Michigan Homestead Property Tax Credit Claim for Veterans and Blind People

Michigan Homestead Property Tax Credit Claim for Veterans and Blind People
2023 Michigan Homestead Property Tax Credit Claim for Veterans and Blind People MI-1040CR-2
Reset Form
Michigan Department of Treasury (Rev. 03-23), Page 1 of 3

Issued under authority of Public Act 281 of 1967, as amended.

2023 MICHIGAN Homestead Property Tax Credit Claim
for Veterans and Blind People MI-1040CR-2

Amended Return
Attachment 06

Type or print in blue or black ink.
1. Filer’s First Name

M.I.

Last Name

If a Joint Return, Spouse’s First Name

M.I.

Last Name

2. Filer’s Full Social Security No. (Example: 123-45-6789)

3. Spouse’s Full Social Security No. (Example: 123-45-6789)
Home Address (Number, Street, P.O. Box) If using a P.O. Box, you must complete line 34.
City or Town

State

5. 2023 FILING STATUS:
Check one.
a.
Single

6. 2023 RESIDENCY STATUS:

Married filing jointly

b.

Nonresident

c.

Married filing separately
(Include Form 5049)

c.

Part-Year Resident *

7. Check one of the following that applies to you:
a.
Blind and own your homestead

4. School District Code (5 digits - see p. 19)
*If you checked box “c,” enter dates of Michigan residency in 2023.
Enter dates as MM-DD-YYYY (Example: 04-15-2023).

Check all that apply.
a.
Resident

b.

b.

ZIP Code

FILER

c.

SPOUSE

FROM:

2023

2023

TO:

2023

2023

Surviving spouse of veteran deceased in service

Veteran with service-connected disability
or veteran’s surviving spouse

*d.

Active military, pensioned veteran or his/her surviving spouse

Enter percent of disability:

*e.

Surviving spouse of a nondisabled or nonpensioned veteran of the
Korean War, World War II, or World War I

%

* If you check “d” or “e” above and your Total Household Resources (line 32) are more than $7,500, you cannot claim a credit on this form.

8. Taxable value allowance from Table 2...................................................................................................

8.

00

9. Taxable Value of homestead. Homeowners: If greater than $154,400, STOP; you are not eligible..

9.

00

10. Property taxes levied on your home for 2023 (see instructions) ........................................................... 10.

00

11. Percent of tax relief. Divide line 8 by line 9 (not to exceed 100%) ...................................................... 11.

%

12. Multiply line 10 by line 11. Enter the result (maximum $1,700) ............................................................. 12.
TOTAL HOUSEHOLD RESOURCES. If filing a joint return, include income from both spouses.
If married filing separately, you must include Form 5049 available on Treasury’s website.

00

13. Wages, salaries, tips, sick, strike
and SUB pay, etc..........................
14. All interest and dividend income
(including nontaxable interest).......
15. Net business income (including net
farm income). If negative, enter “0”
16. Net royalty or rent income.
If negative, enter “0”. .....................
17. Retirement pension, annuity, and
IRA benefits. ..................................
18. Capital gains less capital losses
(see instructions).. .........................
19. Alimony and other taxable income
Describe: ___________________

13.

00

14.

00

15.

00

16.

00

17.

00

18.

00

19.

00

20. Social Security, SSI, and/or
railroad retirement benefits...
21. Child support and foster
parent payments received ....
22. Unemployment
compensation. ......................
23. Gifts received or expenses
paid on your behalf. ..............
24. Other nontaxable income
Describe: _______________
25. Workers’/veterans’ disability

compensation/pension benefits

26. FIP and other MDHHS benefits
(Do not include food assistance)

27. SUBTOTAL. Add lines 13 through 26 ............................................................................. SUBTOTAL

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20.

00

21.

00

22.

00

23.

00

24.

00

25.

00

26.

00

27.

00

Continue on page 2. This form cannot be
processed if pages 2 and 3 are not completed and included.

2023 MI-1040CR-2, Page 2 of 3

Filer’s Full Social Security Number

28. Enter subtotal from line 27.................................................................................................................... 28.
29. Other adjustments (see instructions).
Describe:________________________________________________ 29.
00
Medical
insurance/HMO
premiums
you
paid
for
you
and
your
family
30.
30.
00
(see instructions). ................................................................................

00

31. Add lines 29 and 30.............................................................................................................................. 31.
32. TOTAL HOUSEHOLD RESOURCES. Subtract line 31 from line 28.
If more than $67,300, STOP; you are not eligible for this credit. ..................................................... 32.

00
00

33. PROPERTY TAX CREDIT. (Maximum $1,700). Enter one of the following:
a. FIP/MDHHS RECIPIENTS, enter amount from the FIP/MDHHS Benefits Worksheet.
b. If line 32 is more than $58,300, see instructions and enter the reduced amount.
c. ALL OTHERS, enter the amount from line 12.
If you file an MI-1040, carry this amount to MI-1040, line 25................................................................ 33.

00

PART 1: HOMEOWNERS WHO MOVED IN 2023. Report on lines 34 and 35 the addresses and taxable values of the
homesteads for which you are claiming a credit. Homesteads with a taxable value greater than $154,400 are not eligible for this
credit.
34. Address where you lived on December 31, 2023, if different than reported on line 1.

Taxable Value

35. Address of homestead sold (moved from) during 2023 (Number, Street, City, State, ZIP Code).

Taxable Value

00
00

Homeowners who moved during 2023, complete lines 36 through 44. Veterans: If you
also rented a homestead during 2023, complete lines 45 through 56.

HOMESTEAD
A. Moved Into
B. Moved From

36.

Number of days occupied (total cannot be more than 365).................................. 36.

37.

Divide line 36 by 365 and enter percentage here................................................. 37.

%

%

38.

Property taxes levied for calendar year 2023 ....................................................... 38.

00

00

39.

Prorated taxes. Multiply line 38 by percentage on line 37 .................................... 39.

00

00

40.

Taxable value allowance (see Table 2)................................................................. 40.

00

00

41.

Taxable value........................................................................................................ 41.

00

00

42.

Divide line 40 by line 41 and enter percentage here ............................................ 42.

%

%

43.

Prorated credit. Multiply line 39 by line 42.......................................................... 43.
Property tax credit. Add line 43 columns A and B. Enter here and on line 12.
Part-year renters: do not carry to line 12; complete lines 45 through 56 instead. ................................

00

00

44.

00

44.

Veterans who rent or all other individuals who are not required
to file an MI-1040 should continue to and complete page 3.

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2023 MI-1040CR-2, Page 3 of 3

Filer’s Full Social Security Number

PART 2: RENTERS (Veterans Only)
45.

A
Address of Homestead You Rented
(Number, Street, Apt. #, City, State, ZIP Code)

B

C

D

E

Landowner’s Name and Address
(City, State and ZIP Code)

# Months
Rented

Monthly Rent
(see instructions)

Total Rent Paid

00

00

00

00

46.

00

47.

00

46. Total rent you paid (not more than 12 months). Add total rent for each period. .....................................
47. Multiply line 46 by 23% (0.23). Service fee housing residents use 10% (0.10) (see instructions).
Full-year renters, enter here and on line 10. ..........................................................................................
48. Multiply non-homestead property tax millage by 0.001 (see Credit Computation Examples in
instructions) ............................................................................................................................................

48.

49. Full-year renters only, divide line 47 by line 48 to get your taxable value. Enter here and on line 9 ...

49.

00

50. Divide line 46 by the number of months you rented ...............................................................................

50.

00

51. Multiply line 50 by 12 months .................................................................................................................

51.

00

52. Multiply line 51 by 23% (0.23). Service fee housing residents use 10% (0.10) (see instructions) .........

52.

00

53. Divide line 52 by line 48 to get your taxable value. Enter here and on line 9.........................................

53.

00

54. Percent of tax relief. Divide line 8 by line 53 (not to exceed 100%) .......................................................

54.

%

55. Multiply line 47 by line 54 .......................................................................................................................

55.

00

56. Add lines 44 and 55. Enter here and on line 12. ....................................................................................

56.

00

Part-year renters, complete lines 50 through 56

DIRECT DEPOSIT

Deposit your refund directly to your financial
institution! See instructions and complete a, b
and c.

Deceased Taxpayer.

a. Routing Transit Number

b. Account Number

If Filer and/or Spouse died after December 31, 2022, enter dates below.

ENTER DATE OF DEATH ONLY. Example: 04-15-2023 (MM-DD-YYYY)
Filer

c. Type of Account
1.

Checking

2.

Savings

Preparer Certification.

I declare under penalty of perjury that
this return is based on all information of which I have any knowledge.
Preparer’s PTIN, FEIN or SSN

Spouse

Taxpayer Certification.

I declare under penalty of perjury that the information in this return
and attachments is true and complete to the best of my knowledge.

Preparer’s Name (print or type)

Filer’s Signature

Date

Preparer’s Signature

Spouse’s Signature

Date

Preparer’s Business Name, Address and Telephone Number

By checking this box, I authorize Treasury to discuss my return with my preparer.
If you are also filing Form MI-1040, include this form behind it. If not, mail this form to: Michigan Department of Treasury, Lansing, MI 48956

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