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.