Michigan HB4247 allows a tax credit for donations to entities providing aid to indigents.

Michigan HB4247 amends the state's tax code to allow a credit for donations to shelters, food kitchens, food banks, or other entities primarily providing overnight accommodation, food, or meals to indigents. The credit is equal to 50% of the cash amount or value of food items donated, up to a maximum of $100 for individuals and $200 for joint filers. The credit cannot exceed 10% of the taxpayer's tax liability or $5,000, whichever is less.

Michigan HB4247 allows a tax credit for donations to entities providing aid to indigents.

Michigan HB4247 amends the state's tax code to allow a credit for donations to shelters, food kitchens, food banks, or other entities primarily providing overnight accommodation, food, or meals to indigents. The credit is equal to 50% of the cash amount or value of food items donated, up to a maximum of $100 for individuals and $200 for joint filers. The credit cannot exceed 10% of the taxpayer's tax liability or $5,000, whichever is less.