Medical Insurance or HMO Premiums Reduce Household Resources how do I find out what this value is?

[MonikaK1]

If you need this information for the Michigan Homestead Property Tax Credit calculation:

If you enter the amounts you paid for medical insurance in the Federal section under Deductions and Credits, the amount should carry over to the Total Household Resources worksheet on your Michigan state return. Or, you can make these entries in the state interview section of the program to ensure they are applied to the MI Homestead Property Tax Credit calculation.

1. Select State in the black panel on the left hand side of your screen when logged into TurboTax.
2. This will take you to a screen titled Let's get your state taxes done right.  Click continue on this screen.
3. You will see the screen titled Status of your state returns.  Select Edit/Continue to the right of Michigan to review your entries.
4. If you have already started your tax return, you can select Edit to the right of Credits and taxes to review your entries as shown in the screen below.
5. Be sure to select Homestead Property Tax Credit to review your information and enter your medical insurance premiums.

Michigan's homestead property tax credit is how the State of Michigan can help you pay some of your property taxes if you are a qualified Michigan homeowner or renter and meet the requirements. You should complete the Michigan Homestead Property Tax Credit Claim MI-1040CR to see if you qualify for the credit.

The credit, for most people, is based on a comparison between property taxes and total household resources. Homeowners pay property taxes directly and renters pay them indirectly with their rent.

See the discussion in this thread for more information.