In past years, TurboTax asked if I paid rent and, if so, how much. It was deducted. This year, TurboTax didn't ask. Did Michigan stop providing a tax credit for renting?
In past years, TurboTax asked if I paid rent and, if so, how much. It was deducted. This year, TurboTax didn't ask. Did Michigan stop providing a tax credit for renting?
There is not a rent deduction or credit on your Federal return. If your state has anything for renters you will be prompted to enter your rent info when you complete your state return. As far as I know, the states that have anything for rent are Arizona, California, Connecticut, Hawaii, Indiana, Iowa, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, New Jersey, New York, Rhode Island, Vermont, Washington DC, and Wisconsin.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Thank you. Yes, Michigan. I don't know why I wasn't prompted to enter my rent info in my Michigan tax calculations this year when I was prompted in years past.
Did you already e-file? If not, then you need to take a closer second look at the state return and go back through the screens again to enter your rent. If you already e-filed, you will need to wait for the return to be accepted or rejected and then either fix it and re-file if rejected, or amend after processing if it is accepted.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**