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Michigan Free Printable 4574, Michigan Business Tax Refundable Credits for 2022 Michigan Refundable Credits

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Refundable Credits
4574, Michigan Business Tax Refundable Credits

Attachment 14 Michigan Department of Treasury 4574 (Rev. 04-21) 2021 MICHIGAN Business Tax Refundable Credits Issued under authority of Public Act 36 of 2007. Taxpayer Name )HGHUDO(PSOR\HU,GHQWL¿FDWLRQ1XPEHU )(,1 RU751XPEHU PERSONAL PROPERTY TAX CREDIT. If not claiming this credit, skip to line 8. 1. Property taxes paid on eligible industrial personal property in the current MBT tax year (see instructions) .......... 1. 2. 3. 4. 5. Multiply line 1 by 35% (0.35) .................................................................................................................................. Property taxes paid on eligible telephone personal property in the current MBT tax year (see instructions) .......... Multiply line 3 by 13.5% (0.135) ............................................................................................................................. Property taxes paid on eligible natural gas pipeline property in the current MBT tax year (see instructions) ........ 2. 3. 4. 5. 6. Multiply line 5 by 10% (0.10) .................................................................................................................................. 7. Personal Property Tax Credit. Add lines 2, 4 and 6............................................................................................ WORKER’S DISABILITY SUPPLEMENTAL BENEFIT (WDSB) CREDIT. If not claiming this credit, skip to line 9. 8. WDSB Credit allowed by the Workers’ Compensation Agency ............................................................................. 6. 7. 00 00 00 00 00 00 00 8. 00 NEXT ENERGY PAYROLL CREDIT. Available only to businesses located within an alternative energy renaissance zone. If not claiming this credit, skip to line 12. 9. Enter alternative energy renaissance zone property information below: Street Address City 10. 11. Parcel Number Total payroll of research, development or manufacturing employees who work primarily within the zone ............ Next Energy Payroll Credit. Multiply line 10 by 4.25% (0.0425) ......................................................................... 10. 11. 00 00 12. 00 13. X X X X X X X X 00 14. X X X X X X X X 00 15. 00 16. 00 17. 00 18. 00 19. X X X X X X X X 00 20. 00 21. 00 MEGA EMPLOYMENT TAX CREDIT. If not claiming this credit, skip to line 15. 12. Credit amount from 0('&$QQXDO7D[&UHGLW&HUWL¿FDWH(attach) ......................................................................... CREDIT NO LONGER AVAILABLE. 13. This credit is no longer available. Leave this line blank and skip to line 15 ........................................................... CREDIT NO LONGER AVAILABLE. 14. This credit is no longer available. Leave this line blank and skip to line 15 ........................................................... FARMLAND PRESERVATION CREDIT. If not claiming this credit, skip to line 16. 15. Credit amount from Form 4594, line 29 .................................................................................................................. MEGA FEDERAL CONTRACT CREDIT. If not claiming this credit, skip to line 17. 16. Credit amount from Form 4584, line 35a ................................................................................................................ MEGA PHOTOVOLTAIC TECHNOLOGY CREDIT. If not claiming this credit, skip to line 18. 17. Credit amount from &HUWL¿FDWH provided by MEDC (attach) or assigned credit amount ......................................... FILM PRODUCTION CREDIT. If not claiming this credit, skip to line 20. 18. Credit amount from 3RVW3URGXFWLRQ&HUWL¿FDWHRI&RPSOHWLRQSURYLGHGE\0LFKLJDQ)LOP2ႈFH DWWDFK or assigned credit amount (see instructions) .......................................................................................................... CREDIT NO LONGER AVAILABLE. 19. This credit is no longer available. Leave this line blank and skip to line 20 ........................................................... ANCHOR COMPANY PAYROLL CREDIT. If not claiming this credit, skip to line 21. 20. Credit amount from Form 4584, line 70a ................................................................................................................ ANCHOR COMPANY TAXABLE VALUE CREDIT. If not claiming this credit, skip to line 22. 21. Credit amount from Form 4584, line 78a ............................................................................................................... MEGA POLY-SILICON ENERGY COST CREDIT AND MISCELLANEOUS MEGA BATTERY CREDITS. If not claiming this credit, skip to line 23. 22. Credit amount from Form 4584, line 86a ................................................................................................................ 22. 00 23. 00 TOTAL REFUNDABLE CREDITS 23. + Add lines 7, 8, 11, 12, 15, 16, 17, 18, 20, 21 and 22. Enter total here and carry to Form 4567, line 64; or Form 4590, line 37 ................................................................................................................................. 0000 2021 39 01 27 5 Instructions for Form 4574 Michigan Business Tax (MBT) Refundable Credits Purpose Line-by-Line Instructions 7R DOORZ VWDQGDUG WD[SD\HUV WR FODLP FHUWDLQ FUHGLWV 8QOHVV RWKHUZLVH VSHFL¿HG LI WKH DPRXQW RI WKH FUHGLW H[FHHGV WKH WD[ OLDELOLW\ RI WKH WD[SD\HU IRU WKH WD[ \HDU WKDW H[FHVV LV UHIXQGHG Lines not listed here are explained on the form. 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Complete Form 4584 to claim an used credit from the immediately preceding tax year, if available. • 0(*$$GYDQFHG%DWWHU\(QJLQHHULQJ&UHGLW²'HFHPEHU  • 0(*$$GYDQFHG/LWKLXP,RQ%DWWHU\&UHGLW²'HFHPEHU  • 0(*$/DUJH6FDOH%DWWHU\&UHGLW'HFHPEHU ,QFOXGHFRPSOHWHG)RUPDVSDUWRIWKHWD[UHWXUQ¿OLQJ 
Extracted from PDF file 2021-michigan-form-4574.pdf, last modified January 2022

More about the Michigan Form 4574 Corporate Income Tax Tax Credit TY 2021

We last updated the Refundable Credits in March 2022, so this is the latest version of Form 4574, fully updated for tax year 2021. You can download or print current or past-year PDFs of Form 4574 directly from TaxFormFinder. You can print other Michigan tax forms here.

Other Michigan Corporate Income Tax Forms:

TaxFormFinder has an additional 97 Michigan income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form MI W-4P Withholding Certificate for Michigan Pension or Annuity Payments
Form 4891 CIT Annual Return
Form 4884 Worksheet Form 4884 Section D Worksheet
Form 4763 E-file Authorization for Business Taxes MI-8879 (OBSOLETE)
Form 4567 Business Tax Annual Return

Download all MI tax forms View all 98 Michigan Income Tax Forms


Form Sources:

Michigan usually releases forms for the current tax year between January and April. We last updated Michigan Form 4574 from the Department of Treasury in March 2022.

Show Sources >

Form 4574 is a Michigan Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Corporate Income Tax

The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.

Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).

Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.

Historical Past-Year Versions of Michigan Form 4574

We have a total of eleven past-year versions of Form 4574 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2021 Form 4574

4574, Michigan Business Tax Refundable Credits

2020 Form 4574

4574, 2020 MICHIGAN Business Tax Refundable Credits

2019 Form 4574

4574, 2019 MICHIGAN Business Tax Refundable Credits

2018 Form 4574

4574, 2018 MICHIGAN Business Tax Refundable Credits

2017 Form 4574

4574, 2017 Michigan Business Tax Refundable Credits

2016 Form 4574

4574, 2016 Michigan Business Tax Refundable Credits

Michigan Business Tax 2011 Form 4574

Form 4574, 2011 Michigan Business Tax Refundable Credits


TaxFormFinder Disclaimer:

While we do our best to keep our list of Michigan Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.

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Source: http://www.taxformfinder.org/michigan/form-4574