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Screen MIRnZone - Michigan Renaissance Zone Deduction (1040)
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Overview
Use this screen to enter renaissance zone information, income, and adjustment information for the Renaissance Zone Deduction on Schedule 1.
General Information
Dates of residency in renaissance zone
Enter the dates lived in a renaissance zone. A minimum of 183 days residency is required during the tax year to qualify for the deduction.
Phase out year
Use this field to designate which phase out year applies to this Renaissance Zone. The reduced deduction is transferred to the Renaissance Zone Deduction Worksheet and Schedule 1, line 15.
Income
Wages / … / Other income
Enter the income amounts applicable to the period of residency in the renaissance zone. UltraTax CS calculates the total allowed renaissance zone deduction for Schedule 1.
Adjustments
Other adjustments
Enter the total adjustment amount applicable to the period of residency in the renaissance zone. UltraTax CS calculates the total allowed renaissance zone deduction for Schedule 1.
This article applies to:
- PRODUCT: UltraTax CS
- Return type: 1040 Individual
- State: Michigan