cindy house
Level 1
07-11-2020
02:14 PM
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Michigan people-do you know if the sale of a personal residence in Michigan for a gain of $52,000 is taxable to Michigan if you move to another state mid-year? Nontaxable federal since met rules to not be taxable.
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George4Tacks
Level 15
07-11-2020
03:48 PM
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https://www.michigan.gov/taxes/0,4676,7-238-75545_43715-336204--,00.html
Here's wishing you many Happy Returns
cindy house
Level 1
07-12-2020
02:13 PM
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This only links to the federal rules.
George4Tacks
Level 15
07-12-2020
07:01 PM
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Yes, but MI sends it there and I can find nothing in the MI instructions that would seem to indicate they adjust anything related to federal rule regarding sale of home. I do not believe the location of the personal residence is any issue.
Here's wishing you many Happy Returns
