Michigan Transfer Tax Refund

Vito Dolci
Published on December 2, 2016

Michigan Transfer Tax Refund

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Did you hear about a new bill that was passed in December 2015?  You MAY be entitled to a possible refund of the Michigan Transfer Tax!

The Michigan Transfer tax is required to be paid by a seller when you sell a home.  However, a recent bill that went into effect in December 2015 may make you eligible for a refund.  A refund may apply when the SEV at the time of sale is less than or equal to the original SEV when you bought the home.

For example:
If you bought the home in 2010, the SEV was $47,000
If you sold the home in 2015, the SEV was $41,000
Estimated possible refund amount from Transfer Tax:  $738.75

What you will need to do:
Email us and we can help!  [email protected] or call 616-791-1010

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Michigan Transfer Tax Refund
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