TABLE A: 2024 Home Heating Credit (MI-1040CR-7) Standard Allowance
NOTE: If you lived in your homestead for less than 12 months, you must prorate your standard allowance (see instructions in the MI-1040CR-7 booklet).
EXEMPTIONS |
STANDARD ALLOWANCE |
INCOME CEILING |
---|---|---|
0-1 |
$581 |
$16,586 |
2 |
$788 |
$22,500 |
3 |
$995 |
$28,414 |
4 |
$1,202 |
$34,328 |
5 |
$1,409 |
$40,243 |
6 |
$1,616 |
$46,157 |
|
+ $208 for each |
+ $5,943 for each |