You should complete the Homestead Property Tax Credit Claim form (MI-1040CR) to see if you qualify for the credit. Who May Claim a Property Tax Credit.You may claim a property tax credit if all of the following apply: • Your homestead is located in Michigan. May I claim the exemption? Yes. Complete the affidavit using your name, address, social security number and signature, not the information of the land. To claim a PRE, the property owner must submit a Principal Residence Exemption (PRE) Affidavit, Form 2368, to the assessor in which the property is located. You should complete the Property Tax. Credit Claim form (MI-1040CR) to see if you qualify for the credit. Use form MI-1040CR, or if you are blind, in the active military, are an eligible veteran or an eligible veteran's surviving spouse, request form MI-1040CR-2. The exemption information is then posted to the local property tax roll.