Question

Michigan homestead tax credit

Forum|Forum|3 years ago
February 3, 2023
1 reply
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When entering my health insurance premium costs for Michigan homestead tax credit the program brings over my Medicare cost of $4082 ( me & wife)

There is a place to enter auto related health insurance cost ( mine is $491)

I also Have supplemental health insurance cost of $3569 ( me & wife)

Problem is...there is no place to enter this cost on the Turbotax, which would give me an additional $68.

Is there any way to get the supplemental insurance entered into the Turbotax form?

J

JulieS

Yes, you can count your supplemental health insurance costs for this credit. To get it to flow to your state return, you will need to enter the amount in the medical expense section of your federal return.

Select Federal from the left side menu.
Select Deductions and Credits.
Expand the list and scroll down to Medical Expenses. Click Edit to the right.
Click Continue until you get to the screen titled, How much did you spend on insurance premiums?
Look for Additional medical insurance premiums (there will two boxes on a joint return) enter your amount and Continue.