topic Re: Two state tax in State tax filing

Two state tax

slangmuir — Tue, 23 Mar 2021 23:07:41 GMT

I received a trust capital gain k1 for HI. I am resident in MI and want to delete the capital gain from my Michigan tax return so I do not get double taxed. So far I can not seem to find a way. Any suggestions?

Re: Two state tax

MaryK4 — Tue, 23 Mar 2021 23:26:35 GMT

If you are a resident in Michigan, you must report the income on your tax return. You will be able to claim a credit for the taxes paid to Hawaii so you are not double taxed.

Re: Two state tax

slangmuir — Wed, 24 Mar 2021 10:44:56 GMT

Thank you for the rapid reply. One further question. What do I file with the Michigan tax folks to claim my refund for the Hawaii taxes paid. Just my HI return or is there some form?

Thanks again.

Steve Langmuir

Re: Two state tax

AnnetteB6 — Wed, 24 Mar 2021 13:17:30 GMT

In order to claim the credit for taxes paid to another state, there is a section in the Michigan return that you will need to complete.

Look for the screen titled, 'Take a look at Michigan credits and taxes' and then click Start or Update beside the Other Credits > Other State Tax Credit section to get started.

If you worked on your non-resident Hawaii return first, the information may fill in automatically.

@slangmuir