Are HSA distributions considered household income when calculating the Michigan Homestead Property Tax Credit?
by admin ~ October 1st, 2007 . Filed under: United States .
Jim T asked:
The MI-1040CR instructions say that household income includes reimbursement from medical spending accounts but I am not sure if disbursements from a Health Savings Account are included?
Vella Dixson
The MI-1040CR instructions say that household income includes reimbursement from medical spending accounts but I am not sure if disbursements from a Health Savings Account are included?
Vella Dixson
October 3rd, 2007 at 9:20 pm
It makes no difference whether it’s a MSA or a HSA. You have to include it as household income.