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The Michigan Treasury is processing both the supplemental checks for the 2022 tax year for the Michigan earned income tax credit and individual income tax refunds for the 2023 tax year.
The filing deadline for most 2023 federal and state of Michigan income tax returns is April 15, 2024.
As a result, the maximum Michigan earned income tax credit is $2,229 for 2023 for lower income households with three or more qualifying children. With one qualifying child, the federal credit can ...
Michigan's Legislature passed the tax rule changes in early 2023, including an improved earned income tax credit for families of modest means that was retroactive to 2022. Those new rules went ...
But the state credit is much, much higher now because it will now be calculated based on 30% of the federal credit each year in 2022, 2023 and 2024. The maximum earned income tax credit in ...
The money would be withdrawn tax-free at the federal level but it is currently not tax-free for Michigan income taxes. ... of the 2023 Michigan income tax return. That deduction is limited to up ...
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Taxpayers have until April 15 to file their 2023 federal income tax returns and their state of Michigan returns. ... The deadline for federal and Michigan returns remains a few months off on April ...