Earned income credit in Michigan
Varies
Does Michigan Have an Earned Income Tax Credit?
Short answer: Yes: Michigan offers the Michigan Earned Income Tax Credit for Working Families, 30% of the federal EITC (refundable). Must claim the federal EITC. Rate has been 30% since tax year 2023.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Michigan
Varies
Individuals / Personal Taxes
Yes: Michigan offers the Michigan Earned Income Tax Credit for Working Families, 30% of the federal EITC (refundable). Must claim the federal EITC. Rate has been 30% since tax year 2023.
Business justification
Yes: Michigan offers the Michigan Earned Income Tax Credit for Working Families, 30% of the federal EITC (refundable). Must claim the federal EITC. Rate has been 30% since tax year 2023. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions