What is Michigan Withholding Tax?
Withholding tax is the amount of employee’s pay withheld by the employer and sent directly to the government as partial payment of state income tax. The amount of withholding tax depends on the employee’s income. The Michigan state income tax is 4.25%. Therefore, the withholding tax should be the same as the state income tax.
Employees do not need to take any action. The employers/businesses will need to deduct the withholding tax from employee’s paycheck and submit and file the withholding tax to Michigan Dept of Revenue.
How much is Michigan Withholding Tax?
Since Michigan withholding tax withheld is used to pay for employee’s Michigan state income tax, the withholding tax should correlate with state income tax bracket. The Michigan state income tax rate is 4.25%. The withholding tax should be the same as state income tax rate.
|State||Year||State Income Tax Rate||Withholding Tax Rate|
How to File Michigan Withholding Tax?
Employees do not need to do anything.
Employers/Businesses need to register withholding tax account with Michigan Department of Revenue. Depending the size of the company, every three months, the employers have to file a quarterly withholding reports and submit withholding tax to the Department of Revenue. Most small businesses need to file quarterly while larger businesses need to file more frequently.
Michigan Withholding Tax Forms
|Form Number||Form Description|
|Form MI-W4||Michigan Withholding Certificate|
|Form 5080||Quarterly Withholding Tax Return|
|Form 3281||New Hire Reporting Form|
|Michigan Tax Forms|
How to Register for Michigan Withholding?
Businesses with employees will need to register for Michigan Withholding account. The easiest and fastest way to register for Withholding tax is online.
Click here to Register for Michigan Withholding Tax.
When to File and Deadlines for Michigan Withholding Tax Return
Generally, Michigan Withholding Tax returns have to be filed every three months, ending on March 31 (Q1), June 30 (Q2), September 30 (Q3) and December 31 (Q4). Typically, the deadline to mail Michigan Withholding Tax return is the last day of the following month.
Quarter Months Deadline Q1 January - March April 30 Q2 April - June July 31 Q3 July - September October 31 Q4 October - December January 31
Michigan MI Withholding Tax Contacts and Address:
For more information or help on Michigan Withholding Tax, please use the contact information below