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Form 5076 Mi

Form 5076 Mi

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Video instructions and help with filling out and completing Form 5076 Mi

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Instructions and help about 2020 mi property

first thing you want to want to do is file a hom State exemption okay okay so that's basically the government saying we're going to give you a break against your Val you don't have to pay tax on the full value uh they recently passed the law change in Texas I think the new break might be up to $100,000 going off memory on the value of your home so instead of paying tax on 200,000 you might only pay on 100,000 the the amounts going to vary depending on the house but either way you're going to get an exemption on that amount that's step one so that knocks your tax base down

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