Section 206.30. Homestead property tax credit; part-year resident.

Rule 30. A person who moved into or out of the state during the tax year and was a resident for at least 6 months may compute a property tax credit on his or her Michigan household income. For purposes of computing  the credit, the taxes on the Michigan home bought or sold shall be reduced to the ratio of days occupied to total days in the tax year.

(a) Example 1. Mr. Jones came to Michigan on May 1, purchased a home, and moved into it with his family on June 1. The taxes on the  home  for  the full year were

$720.00. Mr. Jones received the following income:

Figure for 206.30

History: 1979 AC.