What is the definition of total household resources?
Total household resources are the total income (taxable and nontaxable) of both spouses or of a single person maintaining a household, excluding the following:
- net business and farm losses
- net rent and royalty losses
- any carryback or carryover for a net operating loss
View a partial list of items included in Michigan taxable income.
The list serves as a guide and is not intended to replace the law.