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Level 2

Can I include long-term care insurance premium in Household Resources for Michigan Homestead Credit calculation?

 
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Employee Tax Expert

Can I include long-term care insurance premium in Household Resources for Michigan Homestead Credit calculation?

No. You cannot include long-term care insurance premiums in Household Resources for the Michigan Homestead Credit calculation.

 

See the 2019 MI-1040CR Instructions Booklet, page 9, quoted below:

Do not include any insurance premiums deducted on line 26 or line 34, amounts paid for income protection insurance (long-term disability), long-term care insurance, or amounts paid by an employer with pre-tax payroll contributions.

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Employee Tax Expert

Can I include long-term care insurance premium in Household Resources for Michigan Homestead Credit calculation?

No. You cannot include long-term care insurance premiums in Household Resources for the Michigan Homestead Credit calculation.

 

See the 2019 MI-1040CR Instructions Booklet, page 9, quoted below:

Do not include any insurance premiums deducted on line 26 or line 34, amounts paid for income protection insurance (long-term disability), long-term care insurance, or amounts paid by an employer with pre-tax payroll contributions.

View solution in original post

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