It would appear that Line 9 is showing as the same amount as Line 10, real estate taxes. Instead, Line 9 should be the Taxable Value.
To get back to this entry in TurboTax, follow these steps:
- From the left menu, select State
- Continue and then by Michigan, select Edit
- At Your 2020 Michigan taxes are ready for us to check, scroll to Credits and taxes and select Edit
- Under Personal, home, and family credits, see Homestead Property Tax Credit and select Revisit
- Take a look at Michigan credits and taxes and select Edit
- Do you want to review your total household resources? select No
- Do you want to review your homestead property tax credit entries? select Yes
- Answer the questions until you get to the Enter Property Tax Information screen where you can enter the Taxable Value. You can look this up. It is not the same as property taxes. It is a value placed on the home itself. This value must be entered to determine if you qualify for the credit. If you follow the guidance step by step on the Online Tool for Michigan, you can find the Taxable Value. Otherwise, you would need to call your city or township assessor and ask them, "What is my property's taxable value?" If you do not own, but rent, then enter the total you paid for 12 months of rent.
