I pay rent in Michigan. I'm filing as single. Do I put the rent amount as is on my lease, or do i put the split rent amount the i share with a housemate. An example:
Rent is 1,200
There is two people who split it
Do we put the rent amount we each individually pay or what the rent is for the unit.
Thank you
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You should enter just your share of the rent, according to MI instructions for this credit:
"When two or more single adults share a home, each
may file a credit claim if each has contracted to pay
rent or owns a share of the home. Each adult should file
an individual claim based on his or her total household
resources and prorated share of taxes or rent paid."
If you want to learn more about this credit, you can read the instructions here:
https://www.michigan.gov/documents/taxes/MI-1040CR_Instructions_406976_7.pdf
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