Get 4580, 2022 Michigan Business Tax Unitary Business Group Combined Filing Schedule For Standard

The Corporate Income Tax (CIT) has a flat rate of 6% and has to be filed by profit corporations in the state of Michigan. This is one of the important Michigan Corporation taxes and will not be applicable if the apportioned gross receipts are less than $350,000.

Generally, a unitary business group is a group of related persons whose business activities or operations are interdependent. More specifically, a unitary business group is two or more persons that satisfy both a control test and one of two relationship tests.

You must file a Michigan Individual Income Tax Return if your Michigan income exceeds your prorated exemption allowance. Note: For the 2022 tax year, each Michigan personal and dependent exemption allowance is $5,000 plus $2,900 for each eligible special exemption. You had Michigan tax withheld from your wages.

In Michigan, a UBG with standard members must file Form 4567. A Designated Member (DM) must file the return on behalf of the standard members of the group.

Michigan State Income Tax for Michigan LLCs Multi-Member LLCs in Michigan: The LLC itself may need to file a Partnership return at the state-level or at the city-level. And the owners file a personal state-level return that include the LLC's profits or losses.

In Michigan, most partnerships are required register with the state, pay a filing fee, and file the required paperwork. The details for each type of partnership are listed below.