Household Income for Income Tax Credits
Your household income affects whether you qualify and how much you can receive for the following income tax credits:
- K-12 Education Credit (Schedule M1ED)
- For tax years 2016 and earlier: Child and Dependent Care Credit (Schedule M1CD)
What is household income?
Generally, household income includes your Adjusted Gross Income (AGI) plus nontaxable income.
How do I calculate my household income?
See the line instructions for the credit you are claiming.