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  • Batch Cover Sheet For Principal Residence Exemption (pre) Forms - Michigan

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Michigan Department of Treasury 2753 (Rev. 03-13) Reset Form Batch Cover Sheet for Principal Residence Exemption (PRE) Forms Issued under the authority of Public Act 206 of 1893 The cover sheet is.

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What is the Michigan Principal Residence Exemption? In Michigan, the PRE is a reduction of 18 mils each year on your property taxes on your primary residence. A mil is defined as $1 of tax per $1,000 of Taxable Value. Millage data can be found on the State of Michigan site here.

Complete the Michigan Form 2368 The form you use to apply for this exemption is a State of Michigan form called the Principal Residence Exemption (PRE) Affidavit. The affidavit has to be filed with our office on or before June 1st to be applied to the current tax year.

What is a Principal Residence Exemption (PRE)? A Principal Residence Exemption (PRE) exempts a residence from the tax levied by a local school district for school operating purposes up to 18 mills.

A Principal Residence Exemption (PRE) exempts a residence from the tax levied by a local school district for school operating purposes up to 18 mills. Section 211.7cc and 211.7dd of the General Property Tax Act, Public Act 206 of 1893, as amended, addresses PRE claims.

The amount of the credit depends on the amount of income— $1,500 is the maximum credit. The computed credit is reduced by 10% for every $1,000 (or part of $1,000) that the total house- hold resources exceed $51,000.

This form is for County Treasurers or Equalization Directors to use when notifying a homeowner that his or her principal residence exemption is denied. It will also be used to notify the Department of Treasury of the denial. Complete all information carefully and accurately to avoid processing errors.

For the 2021 income tax returns, the individual income tax rate for Michigan taxpayers is 4.25 percent, and the personal exemption is $4,900 for each taxpayer and dependent. An additional personal exemption is available if you are the parent of a stillborn child in 2021.

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© Copyright 1997-2025
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3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232