Thank you for your response. I have one house with a income gain and one house with a loss in two different states. The combined gain and loss is an overall gain. When inputting the out of state income and out of state loss for exclusion from MI state income tax into TurboTax, can I combine the one gain and one loss into one net gain, or do I need to input one house as "out of state business loss", and one house as "out of state business income"? It looks that if I input the gain and loss separately, the loss would show on MI schedule 1 line 4 "losses attributable to other states" and the gain would show on schedule 1 line 13 "income attributable to another state". Or does it matter whether I separate them or combine them?
Also, on the type and source of income, TurboTax automatically put in "business/rental" on MI schedule 1 line 13?
Since MI 1040H is not needed, how does Michigan verify the numbers? Would that be from Federal Schedule E Supplemental Income and Loss that would be attached to the MI return?
