turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

About half of the scholarship money went directly to the school for tuition. I used the rest for room and board.

Connect with an expert
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
Cindy0H
New Member

Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

Yes, scholarships are included in the Michigan Total Household Resources (income). To qualify, your total household resources are $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies).

Here is the Michigan Checklist:

https://www.michigan.gov/documents/taxes/ChecklistDetermineTHR_444822_7.pdf

View solution in original post

1 Reply
Cindy0H
New Member

Are scholarships and grants counted in household income for the Michigan homestead property tax credit?

Yes, scholarships are included in the Michigan Total Household Resources (income). To qualify, your total household resources are $60,000 or less (part year residents must annualize total household resources to determine if a credit reduction applies).

Here is the Michigan Checklist:

https://www.michigan.gov/documents/taxes/ChecklistDetermineTHR_444822_7.pdf

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
Manage cookies