- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
If you already answered the question in TurboTax indicating that you can be claimed as a dependent on someone else's return, you don't need to enter any details about what type of support you received on your Federal return.
If you have a Michigan state return, that is where you may have encountered the question about receiving $300 from others. See this discussion thread and this Michigan webpage about the Homestead Property Tax Credit. Revisit the Michigan state interview to resolve this issue.
You only need to report income - such as wages from a job, interest on your own savings, etc. - on your Federal return; that information will flow through to your State return.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎February 15, 2025
5:02 PM