Commonly used Michigan Exemption Limits Property Item Homestead Homestead (Senior citizen or disabled) Household Good
Including furniture, utensils, books, Appliances & jewelry ( $475 limit per item)
Exemption Amounts ($) Individual / Joint 31,900 47,825 3,200 / 6,400 2,950 / 5,900 2,125 / 4,250 525 / 1,050
All except any amounts contributed within 120 days of filing or subject to domestic support orders
Motor Vehicle Tools of Trade Computer & accessories Individual Retirement Account or Annuity Farm animals, feed & crops Household pets Education IRA Pre-purchased tuition credits Traditional, SIMPLE, or Roth IRA
2,125 / 4,250 525 / 1,050 5,475 / 5,475 5,475 / 5,475 1,095,000
Commonly used Federal Exemption Limits Property Item Real property
($10,125 may be applied to personal property if not used for homestead)
Exemption Amounts ($) Individual / Joint 20,200 / 40,400 10,775 / 21,550 1,350 / 2,700 11,200 / 22,400
Household goods & furnishings Jewelry Wildcard exemption (any property up to $1,075 plus up to $10,125 of unused amt. from homestead) Motor Vehicle Tools of trade Certain retirement accounts defined by the Internal Revenue Code Personal injury compensation payments
3,225 / 6,450 2,025 / 4,050
20,200 / 40,400