I ahave a question regarding Michigan and Ohio

Forum|Forum|2 years ago
February 13, 2024
1 reply
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Currently a resident of Ohio since 2021 but never updated my address for banking and investment. This resulted in 1099 generated with MI code. Would this require me to report 1099 transaction on MI return while all of my work related income is filed under Ohio return?

Hopefully some one had this situation and can provide some guidance.

Thanks,

AmyC

Employee

Ohio taxes all income as a resident. Some states require a return if the income is sourced from that state, like stock from a former employer. MI taxes MI sourced income so you may need to file a tax return. If it is generic investments from anywhere, MI does not have a claim to tax the income.

MI may ask questions depending on the amount even if you don't have to file.

See the bottom right of page 3 for filing requirements for MI at MI-1040 Book with forms with reference to pages 48 and 59 for MI sourced income.

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