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MI-40

Aga2
Level 1

MI-1040 Line 30 – Credit for allocated share of tax paid by an electing flow-through entity is not allowing me to enter an amount. How can I report the amount paid on the MI-1040?

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1 Comment 1
IntuitPatriciaV13
Employee Tax Expert
Employee Tax Expert

Michigan Flow-Through-Entity tax (FTE) is not supported in the current version of ProSeries. The solution is to complete Forms 6072/6074 as needed, entering the withholding amount on MI-1040 Line 30, as well as overriding the total on Line 34

 

The FTE forms may be completed online and downloaded from the Michigan Department of Treasury here: MI State Forms Search. Instructions are included with the forms.

 

According to the ProSeries software team, these Michigan FTE forms/calculations will not be updated for tax year 2025.

 

 

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