Are HSA distributions considered household income when calculating the Michigan Homestead Property Tax Credit?
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
It makes no difference whether it’s a MSA or a HSA. You have to include it as household income.