Retirement income in Michigan
Varies
Does Michigan Tax Retirement Income?
Short answer: Partly. For 2026, with the phase-in complete, all taxpayers may subtract public and private retirement benefits (pensions, 401(k), IRA) up to $67,610 single / $135,220 joint. The 2026 limits come from sources citing Treasury's RAB 2026-1;.
Government pensions: Taxpayers born before 1946 may still subtract public pensions without limit. Pensions, traditional IRA and 401(k) withdrawals are taxable federally either way; Roth withdrawals after 59½ (5-year rule met) are tax-free.
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.
Retirement income in Michigan
Varies
Individuals / Personal Taxes
Partly. For 2026, with the phase-in complete, all taxpayers may subtract public and private retirement benefits (pensions, 401(k), IRA) up to $67,610 single / $135,220 joint. The 2026 limits come from sources citing Treasury's RAB 2026-1;.
Business justification
Partly. For 2026, with the phase-in complete, all taxpayers may subtract public and private retirement benefits (pensions, 401(k), IRA) up to $67,610 single / $135,220 joint. The 2026 limits come from sources citing Treasury's RAB 2026-1;. Government pensions: Taxpayers born before 1946 may still subtract public pensions without limit. Pensions, traditional IRA and 401(k) withdrawals are taxable federally either way; Roth withdrawals after 59½ (5-year rule met) are tax-free.
Category
- Personal Tax Deductions