Personal Property Exemption for 2021
You may qualify!
NEW FOR 2021: Taxpayers are no longer required to annually file Form 5076 in order to claim the exemption. However, all taxpayers MUST file in 2021 to claim the exemption. Once granted, the exemption will continue until the taxpayer no longer qualifies. To be eligible, the taxpayer must meet certain criteria noted in the 2021 Letter to Business Owners. Deadline filing date is February 20, 2021, see 2021 Letter to Business Owners for filing instructions.
2021 Small Business Exemption Affidavit (Form 5076)
Request to Rescind Small Business Exemption (Form 5618)
2021 Personal Property Statement (Form 632)
Information for companies with Eligible Manufacturing Personal Property: www.michigan.gov/esa