When to File
Use this form to adjust your Michigan taxable income if you have capital gains or losses attributable to:

• Periods before October 1, 1967 (Section 271 adjustment). If you file U.S. 1040D or 4797 and you elect to adjust under Section 271 of the Michigan Income Tax Act, you must file the equivalent Michigan forms (MI-1040D or MI-4797). You must include all items of gain or loss realized during the tax year.
• Gains or losses from the sale or exchange of U.S. obligations that cannot be taxed by Michigan.
• Gains or losses from property subject to the allocation and apportionment provisions. The MI-1040D must be attached to your Michigan income tax return (MI-1040).

General Information
Michigan form MI-1040D follows the U.S. 1040D and all the information necessary for completing it should be taken from your U.S. 1040D.

The MI-1040D computations must be carried to MI-1040 Schedule 1. Both forms (MI-1040D and Schedule 1) must be attached to your MI-1040.

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