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Michigan Free Printable 4584, Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carry for 2022 Michigan Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carryforward

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Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carryforward
4584, Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carry

Attachment 13 Michigan Department of Treasury 4584 (Rev. 04-21), Page 1 of 4 2021 MICHIGAN Business Tax Election of Refund or Carryforward of Credits, and &DOFXODWLRQRI+LVWRULF3UHVHUYDWLRQDQG%URZQ¿HOG5HGHYHORSPHQW&DUU\IRUZDUG Issued under authority of Public Act 36 of 2007. Taxpayer Name )HGHUDO(PSOR\HU,GHQWL¿FDWLRQ1XPEHU )(,1 RU751XPEHU 1. Tax liability after Renaissance Zone Credit from Form 4573, line 15, or tax liability after Renaissance Zone Credit from Form 4596, line 16 .................................................................................................................................................... 1. 00 2. +LVWRULF3UHVHUYDWLRQ&UHGLWUHFDSWXUH&DUU\WR)RUPOLQHDRU)RUPOLQHD............................. 2. 3. 7D[/LDELOLW\$IWHU+LVWRULF3UHVHUYDWLRQ&UHGLW5HFDSWXUH$GGOLQHVDQG........................................................ 4. Unused Basic/Enhanced credit from previous period return ................................................................................. 5. Tax liability after Basic/Enhanced credit carryforward. Subtract line 4 from line 3. If less than zero, enter zero ... 3. 4. 5. 00 00 00 00 7. Unused Special Consideration credit from previous period return (see instructions) ............................................ 7. 00 8. Tax liability after Special Consideration credit carryforward. Subtract line 7 from line 5. If less than zero, enter zero .............................................................................................................................................................. 8. 00 10. %DVLF(QKDQFHGFUHGLWUHFHLYHGE\DVVLJQPHQWLQWKLV¿OLQJSHULRG $WWDFK0LFKLJDQ'HSDUWPHQWRI7UHDVXU\ approval letter received from Assignor.) ................................................................................................................ 10. 00 11. Tax liability after Basic/Enhanced credit received by assignment. Subtract line 10 from line 8. If less than zero, enter zero ........................................................................................................................................................................ 11. 00 13. 6SHFLDO&RQVLGHUDWLRQFUHGLWUHFHLYHGE\DVVLJQPHQWIRUWKLV¿OLQJSHULRG $WWDFK0LFKLJDQ'HSDUWPHQWRI Treasury approval letter received from Assignor.) ................................................................................................. 13. 00 14. Tax liability after Special Consideration credit received by assignment. Subtract line 13 from line 11. If less than zero, enter zero ..................................................................................................................................................... 14. 00 16. Current period Basic credit from Form 3581, line 4d ....................................... 16. 00 17. Current period Enhanced credit from Form 3581, line 5d ............................... 17. 00 18. Current period Basic/Enhanced credits. Add lines 16 and 17. .............................................................................. 18. 00 19. Tax liability after current period Basic/Enhanced credits. Subtract line 18 from line 14. If less than zero, enter zero ................................................................................................................................... 19. 00 22. Allowable current period Special Consideration credit. Enter the lesser of lines 19 and 21 ................................. 22. 00 23. Current period Special Consideration credit carryforward to next period. If OLQHLVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH ......................................... 23. 00 24. 7D[OLDELOLW\DIWHU+LVWRULF3UHVHUYDWLRQ&UHGLW6XEWUDFWOLQHIURPOLQH ........................................................ 24. 00 HISTORIC PRESERVATION CREDIT. If not claiming, skip to line 29. Recapture Calculation 6. Basic/Enhanced credit carryforward to the next period. If line 4 is greater WKDQOLQHHQWHUWKHGLႇHUHQFH ....................................................................... 9. Special Consideration credit carryforward to the next period. If line 7 is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH........................................................... 12. Assigned Basic/Enhanced credit carryforward to the next period. If line 10 is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH........................................................... 15. Assigned Special Consideration credit carryforward for the next year. If line LVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH ................................................ 20. Current period Basic/Enhanced credits that exceed liability. If line 18 is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH........................................................ 21. Special Consideration credit from Form 3581, line 6d..................................... 6. 9. 12. 15. 20. 21. 00 00 00 00 00 00 Carryforward Calculation + 25. Prior year and assigned Basic/Enhanced credit carryforward to next period. Add lines 6 and 12 ........................................................................................... 25. 00 26. Total Special Consideration credit carryforward to next period. Add lines 9, 15, and 23 .................................................................................... 26. 00 27. Total Basic/Enhanced credit carryforward to next period. Add lines 25 and 20 ......................................................................................... 27. 00 28. Total Historic Preservation Credit. Subtract line 24 from line 3. Carry amount to Form 4573, line 16, or Form 4596, line 17............................ 28. 00 0000 2021 71 01 27 7 Continue on Page 2. 2021 Form 4584, Page 2 of 4 MEGA FEDERAL CONTRACT CREDIT. FEIN or TR Number If not claiming, skip to line 38. 29. Tax liability before MEGA Federal Contract Credit from Form 4573, line 40 ......................................................... 29. 30. Unused credit from previous period MBT return.................................................................................................... 31. Tax After Previous Period Credit. Subtract line 30 from line 29. If less than zero, enter zero ............................... 30. 31. 00 00 00 32. Remaining unused credit from previous period MBT return. If line 30 is 00 JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH.......................................................... 32. 33. $YDLODEOHFUHGLWIURPWKH0('&&HUWL¿FDWH DWWDFK .............................................................................................. 33. 00 34. Tax After Current Period Credit. Subtract line 33 from line 31. If less than zero, enter zero here and complete line 35; Otherwise, skip to line 36 .......................................................................................................... 34. 00 38. 00 42. 00 45. 00 48. 49. 50. 00 00 00 52. 00 35. ,IOLQHLVJUHDWHUWKDQOLQHHOHFWDUHIXQGRUFDUU\IRUZDUGRIFUHGLWE\HQWHULQJWKHGLႇHUHQFHRQHLWKHU line 35a or line 35b. a. Refundable Amount. Carry amount to Form 4574, line 16 ........................ 35a. 00 b. Carryforward Amount.................................................................................. 35b. 00 36. Total Credit Carryforward. Add lines 32 and 35b ............................................. 00 36. 37. MEGA Federal Contract Credit. Subtract line 34 from line 29. Carry amount to Form 4573, line 41 ................................................................ BROWNFIELD REDEVELOPMENT CREDIT. 37. 00 If not claiming, skip to line 56. Recapture Calculation 38. 7D[OLDELOLW\EHIRUH%URZQ¿HOG5HGHYHORSPHQW&UHGLWIURP)RUPOLQHRU)RUPOLQH ................ 39. (QWHU0%7%URZQ¿HOG5HGHYHORSPHQW&UHGLWUHFDSWXUHDPRXQW.................... 39. 00 40. Unused credit from previous period MBT return.............................................. 40. 00 41. Subtract line 40 from line 39. If less than zero, enter zero .............................. 41. 00 42. 5HPDLQLQJSULRU\HDUFDUU\IRUZDUG,IOLQHLVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH .................................... 43. Assigned credit from 0%7%URZQ¿HOG5HGHYHORSPHQW&UHGLW$VVLJQPHQW &HUWL¿FDWH(attach) ........................................................................................... 43. 00 44. Subtract line 43 from line 41. If less than zero, enter zero .............................. 44. 00 45. 5HPDLQLQJDVVLJQHGFUHGLW,IOLQHLVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH ................................................ 46. Available credit from 0%7%URZQ¿HOG5HGHYHORSPHQW&UHGLW&HUWL¿FDWHRI Completion (attach) ......................................................................................... 46. 00 47. Subtract line 46 from line 44. If less than zero, enter zero here; Otherwise, carry amount to Form 4587, line 7 ................................................ 47. 00 Carryforward Calculation 48. 5HPDLQLQJFXUUHQW\HDUFUHGLW,IOLQHLVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH ........................................... 49. Available prior year and assigned credit. Add lines 42 and 45 .............................................................................. 50. Tax after available prior year and assigned credit. Subtract line 49 from line 38. If less than zero, enter zero ..... 51. Prior year and assigned credit carryforward. If line 49 is greater than OLQHHQWHUWKHGLႇHUHQFH ............................................................................. 51. 00 52. 7D[DIWHU%URZQ¿HOG5HGHYHORSPHQW&UHGLW6XEWUDFWOLQHIURPOLQH,IOHVVWKDQ]HURHQWHU]HURKHUH and complete line 53; otherwise, skip to line 55 .................................................................................................... 53. ,IOLQHLVJUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH ....................................... 53. 00 54. Total Credit Carryforward. Add lines 51 and 53 .............................................. 54. 00 55. %URZQ¿HOG5HGHYHORSPHQW&UHGLW Subtract line 52 from line 38. Carry amount to Form 4573, line 56, or Form 4596, line 20............................ + 0000 2021 71 02 27 5 55. 00 Continue on Page 3. 2021 Form 4584, Page 3 of 4 FEIN or TR Number MEGA PLUG-IN TRACTION BATTERY MANUFACTURING CREDIT. If not claiming, carry amount from line 56 to line 61, and continue to the next credit. 56. Tax liability before MEGA Plug-In Traction Battery Manufacturing Credit from Form 4573, line 73 ...................... 56. 57. Unused credit from previous period MBT return.................................................................................................... 58. Tax After Previous Period Credit. Subtract line 57 from line 56. If less than zero, enter zero ............................... 57. 58. 00 00 00 59. Remaining unused credit from previous period MBT return. If line 57 is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH.......................................................... 59. 00 60. This credit is no longer available, except a carryforward amount reported on line 57. Leave this line blank ....... 60. X X X X X X X X 00 61. Enter amount from line 58. Skip to line 63............................................................................................................. 61. 00 If not claiming, carry amount from line 61 to line 69, and continue to the next credit. 65. Unused credit from previous period MBT return.................................................................................................... 66. Tax After Previous Period Credit. Subtract line 65 from line 61. If less than zero, enter zero ............................... 65. 66. 00 00 67. Remaining unused credit from previous period MBT return. If line 65 is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH.......................................................... 67. 00 68. $YDLODEOHFUHGLWIURPWKH0('&&HUWL¿FDWH DWWDFK .............................................................................................. 68. 00 69. Tax After Current Period Credit. Subtract line 68 from line 66. If less than zero, enter zero here and complete line 70; otherwise, skip to line 71........................................................................................................................... 69. 00 62. a. Leave this line blank and skip to line 63 ..................................................... 62a. b. Leave this line blank and skip to line 63 ..................................................... 62b. X X X X X X X X 00 X X X X X X X X 00 63. Total Credit Carryforward. Enter amount from line 59 ..................................... 63. 00 64. MEGA Plug-In Traction Battery Manufacturing Credit. Subtract line 61 from line 56. Carry amount to Form 4573, line 75 ........................................... 64. 00 ANCHOR COMPANY PAYROLL CREDIT. 70. ,IOLQHLVJUHDWHUWKDQOLQHHOHFWDUHIXQGRUFDUU\IRUZDUGRIFUHGLWE\HQWHULQJWKHGLႇHUHQFHRQHLWKHUOLQH 70a or line 70b. a. Refundable Amount. Carry amount to Form 4574, line 20 ......................... 70a. 00 b. Carryforward Amount.................................................................................. 70b. 71. Total Credit Carryforward. Add lines 67 and 70b .............................................. 71. 00 00 72. Anchor Company Payroll Credit. Subtract line 69 from line 61. Carry amount to Form 4573, line 77 ................................................................. 00 72. ANCHOR COMPANY TAXABLE VALUE CREDIT. If not claiming, carry amount from line 69 to line 77, and continue to the next credit. 73. Unused credit from previous period MBT return.................................................................................................... 74. Tax After Previous Period Credit. Subtract line 73 from line 69. If less than zero, enter zero ............................... 73. 74. 00 00 75. Remaining unused credit from previous period MBT return. If line 73 is 00 JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH.......................................................... 75. 76. $YDLODEOHFUHGLWIURPWKH0('&&HUWL¿FDWH DWWDFK .............................................................................................. 76. 00 77. Tax After Current Period Credit. Subtract line 76 from line 74. If less than zero, enter zero here and complete line 78; Otherwise, skip to line 79 .......................................................................................................................... 77. 00 78. ,IOLQHLVJUHDWHUWKDQOLQHHOHFWDUHIXQGRUFDUU\IRUZDUGRIFUHGLWE\HQWHULQJWKHGLႇHUHQFHRQHLWKHU line 78a or line 78b. a. Refundable Amount. Carry amount to Form 4574, line 21 ......................... 78a. 00 b. Carryforward Amount.................................................................................. 78b. 00 + 79. Total Credit Carryforward. Add lines 75 and 78b ............................................ 79. 00 80. Anchor Company Taxable Value Credit. Subtract line 77 from line 69. Carry amount to Form 4573, line 79 ................................................................ 80. 00 0000 2021 71 03 27 3 Continue on Page 4. 2021 Form 4584, Page 4 of 4 FEIN or TR Number MEGA POLY-SILICON ENERGY COST CREDIT AND MISCELLANEOUS MEGA BATTERY CREDITS — See Instructions Lines 81 through 88 calculate the following credits: MEGA Poly-Silicon Energy Cost Credit; MEGA Plug-In Traction Battery Integration Credit; MEGA Advanced Battery Engineering Credit; MEGA Battery Manufacturing Facility Credit; MEGA Large Scale Battery Credit; and MEGA Advanced Lithium Ion Battery Credit. If claiming multiple credits, see instructions. 81. Unused credit from previous period MBT return. a. Unused MEGA Poly-Silicon Energy Cost Credit.......................................... 81a. b. Unused MEGA Plug-In Traction Battery Integration Credit......................... 81b. c. Unused MEGA Advanced Battery Engineering Credit ................................. 81c. 00 00 00 00 00 00 d. Unused MEGA Battery Manufacturing Facility Credit .................................. 81d. e. Unused MEGA Large Scale Battery Credit.................................................. 81e. f. Unused MEGA Advanced Lithium Ion Battery Credit .................................. 81f. g. Total of all unused credits. Add lines 81a through 81f ....................................................................................... 81g. 82. Tax After Previous Period Credit. Subtract line 81g from line 77. If less than zero, enter zero .............................. 82. 83. Remaining unused credit from previous period MBT return. If line 81g is JUHDWHUWKDQOLQHHQWHUWKHGLႇHUHQFH.......................................................... 83. 84. $YDLODEOHFUHGLWIURPWKH0('&&HUWL¿FDWH DWWDFK  a. MEGA Poly-Silicon Energy Cost Credit ....................................................... 84a. b. MEGA Plug-In Traction Battery Integration Credit ...................................... 84b. c. d. e. f. This credit is no longer available. Skip to line 84d....................................... MEGA Battery Manufacturing Facility Credit ............................................... This credit is no longer available. Skip to line 84g....................................... This credit is no longer available. Skip to line 84g....................................... 84c. 84d. 84e. 84f. 00 00 00 X X X X X X X X 00 00 X X X X X X X X 00 X X X X X X X X 00 g. Total of all available credits. Add lines 84a, 84b and 84d .................................................................................. 84g. 85. Tax After Current Period Credit. Subtract line 84g from line 82. If less than zero, enter zero here and complete line 86; Otherwise, skip to line 87 ........................................................................................................................... 86. ,IOLQHJLVJUHDWHUWKDQOLQHHOHFWDUHIXQGRUFDUU\IRUZDUGRIFUHGLWE\HQWHULQJWKHGLႇHUHQFHRQHLWKHU line 86a or line 86b. a. Refundable Amount. Carry amount to Form 4574, line 22 .......................... 86a. 00 + b. Carryforward Amount................................................................................... 86b. 87. Total Credit Carryforward. Add lines 83 and 86b .............................................. 87. 00 00 88. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credit. Subtract line 85 from line 77. Carry amount to Form 4573, line 81 ............................................................................................................... 00 0000 2021 71 04 27 1 88. 00 00 85. 00 00 Instructions for Form 4584 Michigan Business Tax (MBT) Election of Refund or Carryforward of Credits Purpose Line-by-Line Instructions %HJLQQLQJ -DQXDU\   RQO\ WKRVH WD[SD\HUV ZLWK D FHUWL¿FDWHG FUHGLW ZKLFK LV DZDUGHG EXW QRW \HW IXOO\ FODLPHG RUXWLOL]HGPD\HOHFWWREH0%7WD[SD\HUV /LQHVQRWOLVWHGDUHH[SODLQHGRQWKHIRUP 7KH SXUSRVH RI WKLV IRUP LV WR DOORZ VWDQGDUG WD[SD\HUV WR FODLP FHUWDLQ ³K\EULG´ FUHGLWV WKDW LI JUHDWHU WKDQ WKH WD[ OLDELOLW\ FDQ HLWKHU EH UHIXQGHG RU FDUULHG IRUZDUG WR R൵VHW IXWXUH OLDELOLWLHV KLVWRULF SUHVHUYDWLRQ DQG EURZQ¿HOG FHUWL¿FDWHGFUHGLWVDUHWKHH[FHSWLRQWRWKLVVHHEHORZIRUPRUH GHWDLO  &UHGLWV DQG DQ\ RYHUSD\PHQWV DUH FDOFXODWHG KHUH DQG WKHQ FDUULHG WR HLWKHU WKH MBT Miscellaneous Nonrefundable Credits )RUP   RU WKH MBT Refundable Credits )RUP  GHSHQGLQJRQWKHHOHFWLRQFKRVHQ 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Extracted from PDF file 2021-michigan-form-4584.pdf, last modified January 2022

More about the Michigan Form 4584 Corporate Income Tax Tax Credit TY 2021

We last updated the Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carryforward in March 2022, so this is the latest version of Form 4584, fully updated for tax year 2021. You can download or print current or past-year PDFs of Form 4584 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 4642 Voluntary Contributions Schedule

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 4584 from the Department of Treasury in March 2022.

Show Sources >

Form 4584 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 4584

We have a total of eleven past-year versions of Form 4584 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2021 Form 4584

4584, Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment Carry

2020 Form 4584

4584, 2020 MICHIGAN Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment

2019 Form 4584

4584, 2019 Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment

2018 Form 4584

4584, 2018 MICHIGAN Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment

2017 Form 4584

4584, 2017 Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment

2016 Form 4584

4584, 2016 Michigan Business Tax Election of Refund or Carryforward of Credits, and Calculation of Historic Preservation and Brownfield Redevelopment

Michigan Business Tax 2011 Form 4584

Form 4584, 2011 Michigan Business Tax Election of Refund of Carryforward of 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-4584