subtraction for US govt interest on part year Michigan form

Forum|Forum|4 years ago
March 12, 2022
1 reply
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I'm filling out a part year resident of Michigan tax form. It tells me to not include the US government interest when I enter the dividends attributable to Michigan. When I do that no value is placed in schedule 1, line 10 subtraction. How/where do I enter the amount of US government interest from my dividends, so it will populate that line? I'm also filling out a part year resident of Indiana form, and it allows me enter the US government interest so that form is working out correctly.

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mglauner

You should get screens in the Michigan interview that display 'Federal Amount' and either 'Non-Michigan Amount' or 'Michigan Amount' where you can enter a different number for income items, like Dividends.

The amount would be shown on the Federal 1099-DIV Worksheet, Box 1a, U.S. Government Interest. You may want to review your 1099-Div entry in your Federal return to make sure the amount is entered there.

Click this link for more info on Allocating Income as a Part-Year Resident.

mrclean

This year (2023) I ran into the same problem on Michigan Schedule 1 Line 10. There was no prompt for allocating US Government interest to MI, just for allocating *all* interest. So it wasn't until I inspected the forms that I saw Line 10 had been left blank even though I have a substantial amount of income from US government sources. I had to override this cell which, of course, meant I couldn't file electronically. I think the interview needs to prompt for allocating interest from USG sources.

AmyC

Employee

Interest on 1099-DIV in box 3 will go straight to line 10. Not knowing what you have, I don't know how to give additional help but we are always glad to help.

@mrclean

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