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4891, Michigan Corporate Income Tax Annual Return 2020

Michigan 4891 Instructions 2020-2025 Form

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Instructions and help about michigan 4891 instructions 2021

Michigan Individual Income Tax taxpayers who collected unemployment benefits in 2020 should file an amended state tax return if they have not yet received their entitled tax relief from Michigan. For many individuals, the federal American Rescue Plan Act excludes unemployment benefits up to $10,200 from income for tax year 2020, providing tax relief for both federal and state income taxes. Taxpayers who may have anticipated owing tax may now be entitled to a refund or a lesser payment. To date, the Michigan Department of Treasury has not received clear guidance from the Internal Revenue Service on providing state tax relief to taxpayers who filed a 2020 Michigan income tax return without the unemployment benefit exclusion. While filing an amended return in Michigan does require additional paperwork, we want to get state tax refunds into taxpayer’s hands as soon as possible. So, what do you need to know about filing an amended individual income tax return in Michigan? First, e-file is

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