Emergency-related state tax relief available for taxpayers located in twelve northern Michigan counties impacted by March 2025 storms.
What is the definition of total household resources?
What is the definition of total household resources?
Total Household Resources (THR) 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
Note: Gifts of cash and all payments exceeding $300 made on your behalf must be included in THR.
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.
See Home Heating Credit and Shared Housing Situations for updated information.