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$73,650 or less, no reduction is

include amounts paid directly to

See “Where to Mail Your Claim” on

necessary. Then use actual household

the landowner on your behalf by a

page 3. Keep a copy of this form and

government agency, unless payment

income attributable to Michigan on

all supporting documents for six years.

line 29. A surviving spouse filing a

is made with money withheld from

Direct Deposit

your benefit. If you pay lot rent

joint claim does not have to annualize

on your mobile home, subtract the

the deceased spouse’s income.

First check with your financial

$3 per month property tax from

institution to:

DRAFT

Michigan Department of Treasury

the total rental amount and claim

TABLE 1 - HOMESTEAD PROPERTY

• Ensure it will accept Direct Deposit

3174 (Rev. 6-08)

6/23/08

the remaining rent on line 42. See

TAX CREDIT PHASE OUT

2008 MICHIGAN Direct Deposit of Refund

• Obtain the correct Routing Transit

“Married During 2011,” page 6.

Household

Percentage

Number (RTN) and Account Number

Issued under authority of Public Act 281 of 1967.

Income

allowed for

• If applicable, verify that it will

IMPORTANT: If you rented your

* Attach to Form MI-1040CR-7. Type or print in blue or black ink.

$73,651 - 74,650

90%

allow a joint refund to be deposited

Michigan homestead(s) for the entire

0 1 4 7

0123456789

Print numbers like this

- NOT like this:

Attachment 11

$74,651 - 75,650

80%

into an individual account.

year, complete lines 42 through

M.I.

Last Name

1. Filer’s First Name

2. Filer’s Social Security Number (Example: 123-45-6789)

$75,651 - 76,650

70%

46. If you rented your Michigan

Direct Deposit requests associated with

$76,651 - 77,650

60%

homestead(s) for part of the year,

3. If a Joint Return, Spouse’s First Name

M.I.

Last Name

a foreign bank account are classified as

$77,651 - 78,650

50%

complete lines 42 through 53.

4. Spouse’s Social Security Number (Example: 123-45-6789)

International ACH Transactions (IAT).

$78,651 - 79,650

40%

5. Name of Financial Institution

If your income tax refund Direct

When You Have Finished

$79,651 - 80,650

30%

Deposit is forwarded or transferred to

$80,651 - 81,650

20%

 Sign your return

a bank account in a foreign country

The ﬁ rst two numbers of the

$81,651 - 82,650

10%

8. Type of Account

6. Routing Transit

your Direct Deposit will be returned

RTN must be 01 through 12

Review your claim to make sure your

$82,651 - above

Number (RTN)

or 21 through 32.

to Treasury. If this occurs, your refund

(1) Checking

name(s), Social Security number(s),

To annualize income (project what

will be converted to a check (warrant)

address, and all other important

(2) Savings

7. Account

it would have been for a full year):

and mailed to the address on your

information are on the claim.

Number

tax return. Contact your financial

Step 1: Divide 365 by the number

If the preparer is someone other than

institution for questions regarding the

of days the claimant lived or was a

the taxpayer, he or she must include

Why Use Direct Deposit?

verify that your fi nancial institution will

Line-by-Line Instructions

status of your account.

Michigan resident in 2011.

the name and address of the firm he

allow a joint refund to be deposited into

a. Routing Transit Number. Enter

Step 2: Multiply the answer from

Convenient: Your refund is deposited

or she represents and preparer tax

an individual account.

Lines not listed are self-explanatory.

the nine-digit RTN.

The RTN is

step 1 by the claimant’s household

directly into your account at the fi nancial

identification or federal employer

usually found between the symbols

institution of your choice.

income (line 29). The result is the

identification number. Check the box

* You may also use Direct Deposit if

Line 5: Enter the name of the fi nancial

|: and |: on the bottom of your check

annualized income.

to indicate if Treasury may discuss

you fi le an MI-1040, MI-1040CR or

institution where the Direct Deposit will be

(see check sample below). The first

Safe: Direct Deposit eliminates lost or

MI-1040CR-2. The request for Direct

your return with your preparer.

made.

Renters (Veterans Only)

two digits must be 01 through 12 or 21

stolen refund checks.

Deposit information is contained on

Attachments

through 32.

these forms. A separate Direct Deposit of

Line 6: Enter the nine-digit routing number.

See “Rent That Can Be Claimed for

Reliable: Direct Deposit is done

Refund, Form 3174, is not required.

The RTN is usually found between the

Assemble your claim and attachments

Credit” on page 5.

b. Type of Account. Check the box

electronically. Your refund is deposited

symbols |: and |: on the bottom of your check

in the following order and staple in the

for checking or savings.

timely, even if you are on vacation or

Line 42: If you rented a Michigan

You should NOT fi le this form if:

(see check sample). The fi rst two digits must

upper-left corner.

homestead subject to local property

traveling on business.

•

You file an MI-1040CR-7 and an

Account Number.

Enter your

be 01 through 12 or 21 through 32.

• Farmland Preservation Tax Credit

energy draft will be issued or a credit

taxes, enter the street number and

bank account number up to 17

will be sent to your heat provider.

(MI-1040CR-5)

name, city, landlord’s name and

Line 7: Enter your bank account number

characters (both numbers and letters).

General Instructions

• Schedule of Taxes and Allocation to

up to 17 characters (both numbers and

address, number of months rented,

•

You file electronically. Give your

The account number is usually found

Each Agreement (Schedule CR-5)

letters). The account number is usually found

RTN and bank account number to your

rent paid per month, and total rent

immediately to the right of the RTN

If you fi le an MI-1040CR-7 and are not

• Homestead Property Tax Credit

immediately to the right of the RTN on the

tax preparer. This information will

paid. Do this for each Michigan

on the bottom of your check (see

receiving an energy draft, complete this

bottom of your check (see check sample).

(MI-1040CR-2)

become part of the electronic file.

homestead rented during 2011 and for

check sample below). Include hyphens

form to have your check directly deposited

Include hyphens but omit spaces and special

• Home Heating Credit (MI-1040CR-7).

but omit spaces and special symbols.

each time rental amounts changed.

•

You are a personal representative

into your bank account.

symbols. Enter the number from left to right

filing a return on behalf of a deceased

If you need more space, attach an

Enter the number from left to right

If you are also filing MI-1040,

and leave unused boxes blank. Do not include

taxpayer.

additional sheet. Do not include

and leave unused boxes blank. Do not

First check with your fi nancial institution

assemble your returns and attachments

the check number.

to (1) make sure it will accept direct

include the check number.

more than 12 months’ rent. Do not

according to the instructions in the

•

You completed the Direct Deposit

deposit, (2) obtain the correct RTN and

information on the MI-1040, MI-1040CR

MI-1040 booklet.

account number, and (3) if applicable,

or MI-1040CR-2.

Richard and Cindy Jones

1800

123 Main Street

Date:

Anytown, MI 49111

DO NOT ATTACH A CHECK OR

CHECK COPY TO THIS FORM

Dollars

ANYTOWN BANK

Anytown, MI 49111

Do not include

The routing transit number and

Account Number

Routing Transit Number

check number

account number may appear in a

270000065

300000915

“ ‘ 1800

different location on your check.

0000 2008 49 01 27 2

Instructions For Form Mi-1040cr-2 - Michigan Homestead Property Tax Credit Claim For Veterans And Blind People Page 9

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