Form 5049 - Michigan Married Filing Separately And Divorced Or Separated Claimants Schedule Page 2
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1
2Instructions for Married Filing Separately
and Divorced or Separated Claimants Schedule (Form 5049)
This form is intended to assist you to correctly calculate
Cathy’s Form 5049
When completing Part 1, Cathy would enter 01-01-2014
total household resources for the Homestead Property
in the FROM box and enter 10-01-2014 in the TO box.
Tax Credit (MI-1040CR or MI-1040CR-2) or Home
Heating Credit (MI-1040CR-7) when married filing
She would continue to Part 2 and would enter her income
separately or divorced during the tax year.
for the period the homestead was shared in column
A, which would be $15,014 on line 2. She would enter
Instructions for the income breakdown can be found
Karl’s income for the period the homestead was shared
in the following booklets: MI-1040, MI-1040CR-2 or
in column B, which would be $18,767 on line 2. Cathy
MI-1040CR-7.
would total columns A and B on line 18.
Example 1
Step 2: Before continuing to their Homestead Property
Jackie and John are married filing separately and
Tax Credit claims, Karl and Cathy would review the
maintained separate homesteads all year. Jackie is filing
example under “Separated or Divorced in 2014” in
for a Homestead Property Tax Credit. As they did not
the MI-1040 Instruction Book as well as Michigan
share a homestead during the year she would not need to
Homestead Property Tax Credits for Separated or
include John’s income and would skip to Part 3 of Form
Divorced Taxpayers (Form 2105).
5049. She would complete the explanation box in Part 3
Example 3
indicating that she maintained a separate homestead all
year.
Ron and Tabatha are married filing separately and shared
a homestead for the entire year. The couple decides that
Example 2
Ron will claim the Homestead Property Tax Credit and
Karl and Cathy separated on October 2, 2014. Cathy
Tabatha will not.
continued to live in the home and Karl moved to an
• Ron earned $25,000 of wages for the year.
apartment on October 2. They file federal and state
• Tabatha earned $7,000 of wages for the year and $500
returns as married filing separately.
of interest.
• Cathy earned $20,000 of wages evenly throughout the
When completing Part 1 of Form 5049, Ron would enter
year.
01-01-2014 in the FROM box and 12-31-2014 in the TO
• Karl earned $25,000 of wages evenly throughout the
box.
year
In column A, Ron would enter $25,000 on line 2,
• They lived together for 274 days.
representing the income he earned while they shared a
Step 1: Calculate the prorated total household resources
homestead (the entire year), and $25,000 on line 18. In
for each spouse for the 274 days they lived together.
column B, he would report $7,000 of Tabatha’s wages on
Divide each spouse’s total income by 365 days, then
line 2 and $500 of her interest on line 3, representing the
multiply that figure by 274.
income she earned while they shared a homestead (the
Cathy ($20,000/365) x 274 = $15,014
entire year). Ron would total column B and enter $7,500
on line 18. He would carry the amount from line 18,
Karl ($25,000/365) x 274 = $18,767
column B, to the “Other nontaxable income” line on his
Karl’s Form 5049:
MI-1040CR with a description of “Form 5049.” He would
When completing Part 1, Karl would enter 01-01-2014 in
check the box for “Married filing separately” on his
the FROM box and enter 10-01-2014 in the TO box. He
MI-1040CR.
would continue to Part 2 and would enter his income for
the period the homestead was shared in column A, which
would be $18,767 on line 2. He would enter Cathy’s
income for the period the homestead was shared in
column B, which would be $15,014 on line 2. Karl would
total columns A and B on line 18.
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