What is the Farmland Preservation Credit? The Farmland Preservation Credit gives back to farmland owners a share of the property tax they pay on their farmland. Farmland owners qualify for credit by agreeing to keep the land as farmland and not develop it for another use.
Farmland Preservation Credit Qualifications You qualify if you meet all of these requirements:
If you e-file your MI-1040CR-5, you do not need to send your property tax statements unless requested by mail.