MARQUETTE – Michigan taxpayers could be leaving hundreds of dollars on the table if they aren’t checking their eligibility for the Homestead Property Tax Credit, according to the Michigan Department of Treasury.

Individuals with total household resources of $71,500 or less may qualify for the credit, which provides property tax relief for eligible homeowners and renters. The tax credit is calculated by comparing property taxes to total household resources, offering support to those whose housing costs take a higher share of income.

“We want taxpayers to be aware of the tax credits they’re entitled to receive,” said Deputy State Treasurer Kavita Kale, who oversees Treasury’s Revenue Services programs. “The Homestead Property Tax Credit provides meaningful tax relief for eligible Michigan families and individuals. The credit can reduce taxes owed and may result in the refund.”

Last year, during the 2025 filing season, nearly 1.1 million claimants received the Homestead Property Tax Credit, being awarded about $900 million collectively. The average credit was $820.

Taxpayers may claim a Homestead Property Tax Credit if all of the following apply:

• Your homestead is in Michigan.

• You were a resident of Michigan for at least six months during the year.

• You own or are contracted to pay rent and occupy a Michigan homestead on which property taxes were levied.

• If you own your home, your taxable value is $165,400 or less (unless unoccupied farmland).

• Your total household resources are $71,500 or less.