Michigan HB4431 creates a $2,500 tax credit for qualified volunteer firefighters.

Michigan HB4431 amends the state's tax code to introduce a new tax credit for qualified volunteer firefighters. Effective for tax years beginning after January 1, 2025, a volunteer firefighter who serves at least 10 hours a month with an organized fire department can claim a credit of $2,500 against their state income tax. The credit is available for those who are not paid an hourly wage or salary and only receive reimbursement for reasonable expenses or customary benefits. To claim the credit, the volunteer must submit a statement from the fire department head confirming their service.

Michigan HB4431 creates a $2,500 tax credit for qualified volunteer firefighters.

Michigan HB4431 amends the state's tax code to introduce a new tax credit for qualified volunteer firefighters. Effective for tax years beginning after January 1, 2025, a volunteer firefighter who serves at least 10 hours a month with an organized fire department can claim a credit of $2,500 against their state income tax. The credit is available for those who are not paid an hourly wage or salary and only receive reimbursement for reasonable expenses or customary benefits. To claim the credit, the volunteer must submit a statement from the fire department head confirming their service.