DO YOU KNOW EVERY CREDIT YOU’RE ELIGIBLE FOR?
Every year, Michiganders leave thousands of dollars on the table. Make sure you get what’s owed to you.
Below you’ll find everything you need to know about all federal and state credits available to you. If you have any questions, check out the hyperlinks or contact Michigan 2-1-1.
Federal Tax Credits
The Earned Income Tax Credit (EITC) is a tax credit for working families and individuals. For the 2025 tax year, the credit will be worth from $649 to $8,046. To qualify for the EITC, you must: 1) have earned income 2) have investment income below $11,950, 3) have a valid social security number, 4) have been a U.S. citizen or resident alien all year, and 5) not file Form 2555, Foreign Earned Income.
NOTE: There is both a federal EITC and a state EITC, so be sure to claim both! The Michigan EITC is equal to 30 percent of your federal credit.
The Child Tax Credit (CTC) is a federal tax credit for families with at least one qualifying child. For the 2025 tax year, this credit is worth $2,200 per qualifying child; up to $1,700 per child is refundable. Qualifying children must generally be dependents under 17, live with you for more than half the year, and be your child, stepchild, eligible foster child, sibling, step-sibling, half-sibling, or descendant of one of these.
The Child and Dependent Care Credit: This credit will help ease childcare costs. Look into this credit if you paid expenses for the care of a qualifying individual to enable you (and your spouse, if filing a joint return) to work or actively look for work.
Educational Tax Credits and Deductions: These credits are for taxpayers or their dependents who attended college in 2025. If you, your spouse, or dependents had educational expenses from attending college last year, you should check out these credits and deductions: American Opportunity & Lifetime Learning credits.
Looking for a more comprehensive list of federal credits and deductions?
State Credits
The Home Heating Credit helps ease heating costs for Michigan homeowners and renters. To apply, your total household resources must not exceed income limits (e.g., $17,243 for a single person or $47,471 for a six-person household). You must either own or be contractually responsible for rent at the home where you reside (including apartments and mobile homes). If you’re a renter, be sure to bring your lease to your appointment.
The Homestead Property Tax Credit helps qualified Michigan homeowners and renters pay for a portion of their property taxes. This credit is worth up to $1,900.
For homeowners, your taxable value must be $165,400 or less. For both homeowners and renters, your total household resources must be $71,500 or less. However, if 100% of your total household resources were received from the Michigan Department of Health and Human Services, you do not qualify.
Michigan’s Earned Income Tax Credit (EITC) is a tax benefit for working individuals with income below a certain level. It is now worth 30% of the federal EITC.