USA State Taxes

MICHIGAN (MI)

 

STATE INCOME TAX (SIT)

Description Amount Effective Date Website Deposit Method / Frequency / Threshold Forms
Wage Withholding 4.25%  

Michigan Department of Treasury - Withholding Tax

 

Accelerated - Tied to Fed EFT - Over $480,000 (Jan-Dec preceding year)

Monthly - $3,601 - $480,000 (Jan-Dec preceding year) Due by 20th day of following month.

Quarterly - $0 - $3,600 Due by 20th day of month following quarter.

Note that if less than $750, Employer may file annually. Due 28-Feb of year following.

Register, File & Pay at Michigan Treasury Online (MTO)

Forms, Withholding Guide and Tables

Monthly / Quarterly Return - 5080

 

Michigan Withholding Exemption Certificate - MI-W4

 

Supplemental Wage / Bonus Rate 4.25%  

 

Notes: Michigan has entered into reciprocal agreements with the states of Illinois, Indiana, Kentucky, Minnesota, Ohio, and Wisconsin.

If registered to pay a tax must file a return even if no tax is due in period.

 

STATE UNEMPLOYMENT INSURANCE (SUI)

Description Amount Effective Date Website Deposit Method / Frequency / Threshold Forms
Maximum Taxable Earnings

$9,500

Standard Wage Base

$9,500 Wage Base for Delinquent Employers

Unchanged from 2023

Michigan Unemployment Insurance Agency

Quarterly EFT

 

Register for UIA Account Number & Pay at Michigan Web Account Manager (MiWAM)

UI Forms
Employee Deduction None  

Employer Tax Rate

(Plus 1.16% obligation assessment)

0.06 – 10.3% 2024

New Employment Rate - Standard

(Plus 1.16% obligation assessment rate)

2.7% Unchanged from 2023
Voluntary Contribution Permitted Yes  

 

 

NEW HIRE REPORTING

Website Frequency / Method Forms
New Hire Same as federal requirements.

Not required to report if no hires.

Register for electronic reporting

See website.

 

 

LOCAL WITHHOLDING TAXES

Description Amount Website Deposit Method / Frequency / Threshold Forms

City Withholding Income Tax

varies, flat rates Local City Income Tax Links Monthly or Quarterly See each city website for withholding payment forms and annual returns

 

WEBSITES

 

 

Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.

 

Last updated Jan 2024