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Get your taxes done using TurboTax
No, you are not able to use Mi Form 5674 for hobby income. Michigan follows federal rules. A hobby can’t be a hobby for federal and a business for Michigan.
Michigan says a net operating loss occurs when a business loss exceed income in a particular year.
Application for Michigan Net Operating Loss Refund
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		April 17, 2022
	
		
		5:59 AM