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March 2, 2024
Question

Does anyone know how Michigan is issuing the state tax reduction pay outs? How can I tell if they wrapped it up in my return?

  • March 2, 2024
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March 2, 2024

The Michigan state tax reduction was a reduction to the tax tables for the 2023 tax year.  The rate is 4.05% compared to the usual 4.25%.  There is no additional payout, it is just that you paid less state tax this year.  The program will calculate what your state tax is.  

 

For more information see:

 

 Treasurer Eubanks Announces Income Tax Cut for Michiganders