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Why is Turbo Tax counting Interest income twice on Michigan 1040
Why is Michigan 1040 adding Interest Income to the AGI from the federal 1040, when it’s already included in that AGI ?
On my Michigan Tax return (line 10) it is bringing over my AGI from the federal return, which includes all my interest income. Then on the very next line (line 11) it shows all my interest income, then adds it to line 10 to come up with “Income Subject to Tax” (line 14).
Can anyone explain ?
February 27, 2023
11:16 AM