Get Mi 5076 2024-2025

The MI 5076 form is designed for claiming a small business property tax exemption in Michigan. This guide provides step-by-step instructions on how to accurately complete the form online, ensuring you meet the necessary requirements by the deadline.

Follow the steps to fill out the MI 5076 online effectively.

1. Press the ‘Get Form’ button to access the MI 5076 form and open it in your preferred online editor.
2. Begin by entering your business name as required in the designated section.
3. Provide the name and mailing address of the owner or owners involved, including any partners if applicable. If more space is needed, attach an additional sheet.
4. Specify the name of the local unit of government associated with your property.
5. Indicate the county where your property is located, along with the city, township, or village.
6. Fill in the parcel number accurately.
7. If applicable, list any assumed names used by the legal entity.
8. Record the date the business began operations in the local tax collecting unit.
9. Describe the nature of your business activity clearly and concisely.
10. Provide the name, telephone number, and email address of the person responsible for managing personal property records.
11. Enter your telephone number and the address where personal property records are kept.
12. List all other businesses that have personal property at the site, including any leasehold improvements. If necessary, attach additional details.
13. Document all addresses where personal property owned by, leased to, or in the possession of the listed owner or related entity is located, attaching additional sheets if needed.
14. Declare the true cash value of all personal property owned or controlled, ensuring this value is less than $80,000 if qualifying for the exemption.
15. If the true cash value is between $80,000 and $180,000, check the appropriate box and remember to attach Form 632 if applicable.
16. Sign the certification section by entering your printed name, title, and date. Ensure you affirm the truthfulness of the information provided.
17. Complete the date received section for local unit use.

Complete your MI 5076 form online today and ensure your eligibility for the small business property tax exemption.