I purchased my first home in 2019 and moved in April. How do you account for that on the MI-1040CR? Turbotax insists I put in a sold property amount to prorate.

[KathrynG3 · Accepted solution]

It depends on what was entered. First, determine that you qualify for the credit.

There are three hurdles to pass to claim the credit:

1. Taxable value is equal or less than $135,000

2. Total Household Resources are less than $60,000

3. The property tax levied is greater than 3.2% of the Total Household Resources.

Next, leave the Old Home side completely blank and only enter the number of days in your new home. I was able to advance through the screens this way, and was not asked about the Old Property Tax.

For more details:

2019 MI-1040CR

2019 MI-1040CR Instructions

@heather-brock4

[heather-brock4]

Kathryn,

Thank you, yes I qualified based on the hurdles you mentioned. I deleted the form, and went back in and redid it, this time leaving the Old House info blank and it worked! Thank you so much. 

[KathrynG3]

Wonderful news! You're welcome!

@heather-brock4