My wife is the recipient for a MESP (529/530) program. The beneficiary is our son ( a dependent ). Can I use the distribution as Mich Tax credit for my taxes?
The amount would be entered under Michigan income " Education Savings Program Withdrawals"
My wife is the recipient for a MESP (529/530) program. The beneficiary is our son ( a dependent ). Can I use the distribution as Mich Tax credit for my taxes?
No, the Michigan tax credit only applies to CONTRIBUTIONS you make TO the MESP 529 plan.
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My wife is the recipient for a MESP (529/530) program. The beneficiary is our son ( a dependent ). Can I use the distribution as Mich Tax credit for my taxes?
No, the Michigan tax credit only applies to CONTRIBUTIONS you make TO the MESP 529 plan.
**Say "Thanks" by clicking the thumb icon in a post **Mark the post that answers your question by clicking on "Mark as Best Answer"
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