There is just not a thank you big enough for those who have made the ultimate sacrifice putting their life on the line to defend our freedom’s In the United States of America, from the bottom of my heart thank you to all the veterans who served our country tirelessly and those in the military who continue to do so. On Veterans Day many well deserved freebies... in addition to that here a some are resources offered for our vets via the Michigan department of treasury offer to our veterans
(MLIVE) Michigan Department of Treasury
Every day, the Michigan Department of Treasury offers special benefits to military and veterans. To learn more about tax relief and other benefits for current and past military members, go to www.michigan.gov/taxes.
Here is a breakdown of some of the benefits you may be eligible for, per the departments press release:
Current and former military members may be eligible to receive:
- Military Pay Tax Exemption. Military pay is exempt from Michigan tax, including military retirement benefits and exit and separation pay.
- Children of Veterans Tuition Grant. This program provides undergraduate tuition assistance to the children of Michigan veterans who were totally and permanently disabled, missing in action or died while serving. Students may receive scholarship assistance for up to four academic years for a total of up to $11,200.
- Disabled Veterans Property Tax Exemption. A property tax exemption for real property used and owned as a homestead as outlined in state law.
- Principal Residence Exemption (PRE) for Active Duty Military Personnel. Property owners can retain a PRE while on active duty if their property is rented or leased.
- Property Tax Relief during Active Military Service. Property owned by a serviceperson cannot be sold to pay delinquent property taxes during a tour of active duty.
- Summer Property Tax Deferment. A serviceperson, veteran or widow or widower whose income outside of military compensation is no more than $7,500 per year may be eligible for a summer property tax deferment.