Michigan property taxes
Varies
Are Property Taxes Deductible in Michigan?
Short answer: Yes on your federal return if you itemize, within the $40,400 SALT cap. Michigan adds its own break: Homestead Property Tax Credit up to $1,900 (2025) on MI-1040CR for homeowners and renters.
Also: homestead credit: household resources up to $71,500 and home taxable value up to $165,400; seniors get a larger share. Homestead: Principal Residence Exemption removes up to 18 mills of school operating tax from your owner-occupied home. Michigan's homestead credit starts phasing out once total household resources exceed $62,500.
Records to keep: Keep receipts, statements, and a note of what each cost was for. Compare itemizing to the 2026 standard deduction ($16,100 single / $32,200 joint) before you claim.
Michigan property taxes
Varies
Individuals / Personal Taxes
Yes on your federal return if you itemize, within the $40,400 SALT cap. Michigan adds its own break: Homestead Property Tax Credit up to $1,900 (2025) on MI-1040CR for homeowners and renters.
Business justification
Yes on your federal return if you itemize, within the $40,400 SALT cap. Michigan adds its own break: Homestead Property Tax Credit up to $1,900 (2025) on MI-1040CR for homeowners and renters. Also: homestead credit: household resources up to $71,500 and home taxable value up to $165,400; seniors get a larger share. Homestead: Principal Residence Exemption removes up to 18 mills of school operating tax from your owner-occupied home. Michigan's homestead credit starts phasing out once total household resources exceed $62,500.
Category
- Personal Tax Deductions