Michigan Loss Adjustment for the Small Business Alternative Credit*

Loss Adjustment for the Small Business Alternative Credit*
4895, 2022 Michigan Corporate Income Tax Loss Agjustment for the Small Business Alternative CreditAttachment 4

Michigan Department of Treasury
4895 (Rev. 05-22), Page 1 of 2

2022 MICHIGAN Corporate Income Tax Loss Adjustment
for the Small Business Alternative Credit
Issued under authority of Public Act 38 of 2011.
Taxpayer Name

Federal Employer Identification Number (FEIN)

Use this form to qualify for an otherwise disallowed or reduced Small Business Alternative Credit by adjusting current year adjusted
business income (ABI) and/or allocated income. This is available only if a taxpayer had a negative adjusted business income in any of the
five tax years (“loss year”) immediately preceding this tax year and received a Michigan Business Tax Small Business Alternative Credit or
Corporate Income Tax Small Business Alternative Credit in the loss year. Unitary Business Groups (UBGs), see instructions.

PART 1: CURRENT YEAR AMOUNTS FOR ABI DISQUALIFIER
Use this section to determine amount of loss adjustment to business income needed to qualify for the Small Business Alternative Credit.
Adjusted Business Income Disqualifier
1.

Adjusted Business Income from Form 4893, line 9 .....................................................................................

Business Income Disqualifier ......................................................................................................................

1,521,000 00

Loss adjustment needed. Subtract line 2 from line 1. If less than zero, enter zero .....................................

PART 2: AVAILABLE LOSS FOR ABI DISQUALIFIER
Read instructions before completing Part 2. Use Part 2 to determine the loss available from the five preceding periods. Do not enter
a negative sign in front of the loss amounts in lines 5 through 10.
Complete line 4 with the end dates of the five preceding tax periods (oldest to the left). Then complete lines 5 through 10, one column at
a time beginning with the oldest, but completing only those columns representing periods that reported a loss (either generated or used)
AND received a Small Business Alternative Credit. UBGs, see instructions.
4.

Tax year end date
(MM-DD-YYYY) ...........................

Adjusted business income...........

Loss used on prior returns...........

Loss available
for current return..........................

Loss adjustment needed
for current return..........................

Additional loss adjustment
needed.........................................

10. Loss adjustment carryforward .....

0000 2022 20 01 27 2

Continue on Page 2

2022 Form 4895, Page 2 of 2

Taxpayer FEIN

PART 3: CURRENT YEAR AMOUNTS FOR SHAREHOLDER ALLOCATED INCOME DISQUALIFIER

UBGs, see special instructions on using member data to complete Part 3 and the “Loss Adjustment for a Shareholder with Multiple Allocations” worksheet.

Shareholder Allocated Income Disqualifier: $180,000
11. Enter the amount from Form 4893, line 6 (see instructions) .......................................................................

11.

12.

Shareholder Allocated Income Disqualifier (See chart in instructions) ........................................................

12.

13.

Enter compensation and director fees from Form 4894, line 3, column L, of the shareholder creating the
disqualifier or reduction* ..............................................................................................................................

13.

14.

Subtract line 13 from line 12. If less than zero, see instructions .................................................................

14.

15.

Divide line 14 by the percent of ownership from Form 4894, line 3, column G, for the shareholder
on line 13 .....................................................................................................................................................

15.

16.

Loss adjustment needed. Subtract line 15 from line 11...............................................................................

16.

* Note: If compensation exceeds $180,000 for any shareholder or officer, a Small Business Alternative Credit cannot be claimed nor can a loss adjustment
be used to reduce compensation from Form 4894, line 3, column L. A shareholder of a UBG member must combine all items paid or allocable by all
members of the UBG.

PART 4: AVAILABLE LOSS FOR SHAREHOLDER ALLOCATED INCOME DISQUALIFIER

Read instructions before completing Part 4. Use Part 4 to determine the loss available from the five preceding periods. Do not enter a
negative sign in front of the loss amounts in lines 18 through 23. UBGs, see special instructions on using member data to complete Part 4
and the “Loss Adjustment for a Shareholder with Multiple Allocations” worksheet.
Complete line 17 with the end dates of the five preceding tax periods (oldest to the left). Then complete lines 18 through 23, one column
at a time beginning with the oldest, but completing only those columns representing periods that reported a loss (either generated or used)
AND received a Small Business Alternative Credit.
17. Tax year end date
(MM-DD-YYYY) ...........................
18. Adjusted business income...........
19. Loss used on prior returns...........
20. Loss available
for current return..........................
21. Loss adjustment needed
for current return..........................
22. Additional loss adjustment
needed.........................................
23. Loss adjustment carryforward .....

0000 2022 20 02 27 0

Instructions for Form 4895, Corporate Income Tax (CIT) Loss Adjustment
for the Small Business Alternative Credit
Purpose
To reduce the adjusted business income (ABI) or shareholder
allocated income to qualify for the Small Business Alternative
Credit (SBAC) or minimize the reduction percentage required.
If the ABI was less than zero in any of the five years
immediately preceding the tax year for which the credit is
being claimed, and the taxpayer received an SBAC under
the Michigan Business Tax (MBT), or an SBAC under the
Corporate Income Tax (CIT) for that same year, the taxpayer
may adjust for the loss before figuring eligibility for the
current year SBAC. Business income for credit purposes is
adjusted by using available loss from prior years on a firstin, first-out basis until those losses are consumed (by use)
or extinguished (by age). A loss adjustment will not affect
a reduction to or elimination of the SBAC based on gross
receipts that exceed $19,000,000. Also, it will not change the
amount of compensation in column L on the CIT Schedule of
Shareholders and Officers (Form 4894).

Instructions for Unitary Business Groups
(UBGs)
The ABI threshold must be calculated by the UBG by combining
the ABIs of its members. Likewise, to reduce an ABI disqualifier
of the UBG, loss adjustment must be calculated on a group level
and used against the group’s ABI. Loss used at the group level is
independent of the loss available at the member level.
NOTE: The usage of loss adjustment for one disqualifier does
not affect the available loss adjustment for the other disqualifier.
This form will accommodate the separate maintenance of
loss adjustment available for the UBG for both the ABI and
allocated income disqualifiers.
For years in which a member was not part of the UBG,
the UBG will use that member’s available loss from those
separate years on a first-in, first-out basis until those losses are
consumed or extinguished.
Adjusted Business Income Disqualifier
This disqualifier is calculated at the group level. If the UBG
has a group wide ABI that exceeds $1,458,600 then the entire
UBG is disqualified.
In the Taxpayer Name field at the top of the page, enter the
Designated Member’s (DM’s) name followed by the DM’s
Federal Employer Identification Number (FEIN).
To reduce the UBG’s ABI disqualifier, the group will use its
available loss from a prior tax year when the UBG received
the SBAC, as well as a member’s available loss from a tax
year when it received the SBAC and was not part of the UBG
(member’s separate year). However, the group may not use
a member’s separately calculated available loss for a tax year
when the member was part of the UBG under MBT to reduce
the group’s ABI disqualifier.
To reduce the UBG’s ABI disqualifier, available loss is used
on a first-in, first-out basis until those losses are consumed

or extinguished. For the purposes of completing Part 2, if a
member’s separate year does not share a common year end
with the UBG, use a separate column for that member. If some
members’ separate years share a common year end, total the
amount of those members’ available loss in a single column.
Arrange all of the columns in chronological order. If additional
columns are needed to accommodate the five preceding years,
create and attach a table comparable to that found in lines 4
through 10. Apply to that custom table the calculations described
in the form text and instructions for lines 4 through 10.
Loss adjustment used for the ABI disqualifier from a member’s
separately filed years should be tracked in the taxpayer’s
records. Any ABI loss adjustment remaining from a member’s
separately filed years will be available to that member in the
event the member leaves the UBG prior to complete usage of
the available loss adjustment by the UBG, or expiration due to
age. See the “Supplemental Instructions for Standard Members
in UBGs” section in Form 4890 for details.

Line-by-Line Instructions
Lines not listed are explained on the form.
Dates must be entered in MM-DD-YYYY format.
Taxpayer Name and Account Number: Enter name and
account number as reported on page 1 of the CIT Annual
Return (Form 4891). Also, the taxpayer FEIN from the top of
page 1 must be repeated in the proper location on page 2.
UBGs: Enter the DM’s name in the Taxpayer Name field and
FEIN in the FEIN field.
Part 1: Current Year Amounts for ABI Disqualifier
Use Part 1 and Part 3 to determine the amount of loss
adjustment necessary to qualify for the SBAC.
If the taxpayer is not eligible for the credit because its ABI
exceeds $1,521,000, complete lines 1 through 10.
Tax Year Less Than 12 Months: Business income and
shareholder disqualifiers must be calculated on an annualized
basis. Enter annualized numbers on lines 1, 11, and 13.
Annualizing
To annualize, multiply each applicable amount, ABI, or
shareholder compensation, by 12 and divide the result by the
number of months in the tax year.
UBGs: For UBG members reporting a period of less than 12
months with the group return, annualization is done using
the member’s number of months in the group’s tax year. Sum
the annualized member amounts (when applicable) to get the
group’s total annualized amount.
Part 2: Available Loss for ABI Disqualifier
Use Part 2 to determine the loss available from the five
preceding years. Report the loss amount as a positive number.
Line 4: Enter each tax year end date for the five preceding
tax years. Begin with the earliest year in the left column.
Each short period return is treated as a separate year when
determining the available loss.

Complete lines 5 through 10, one column at a time. Complete
only columns for years that reported a loss (either generated
or used) and received an SBAC. If the taxpayer did not report
a loss or did not receive an SBAC for a tax year, leave that
column, lines 5 through 10, blank.
Line 5: Enter (as a positive number) the negative ABI from the
CIT Small Business Alternative Credit (Form 4893), line 9, for
tax years where an SBAC was received.
For MBT years, enter the ABI from the Michigan Business Tax
Common Credits for Small Businesses (Form 4571), line 8.
UBGs: When completing this line for a UBG, enter the sum of
the following: 1) UBG’s negative ABI for tax years it received
the SBAC, plus, 2) a member’s negative ABI for a tax year
when it received the SBAC and was not part of the UBG. These
member amounts are calculated initially at the member level
but used and maintained for use in future years on the Group
Copy for ABI.
Line 6: Enter the amount of loss entered on line 5 that was
used as an adjustment in a prior year (including loss adjustment
used in SBT years and MBT years).
UBGs: If a member’s negative ABI was included on Line 5
(the member received an SBAC and was not part of the UBG
in the tax year the credit was received), include any loss
adjustment used by that member in a prior year to offset an
ABI disqualifier (including loss adjustment used in MBT and
CIT years). Also enter any groupwide loss used against the
UBG’s ABI disqualifier in a prior year.
Line 7: Subtract line 6 from line 5 to arrive at loss available
on the current return. If less than zero, enter zero; no loss is
available.
UBGs: If the group’s membership has not changed, that is, no
member has joined or left the group since the filing of the prior
year’s return, the amounts calculated on line 7 should equal the
amounts on line 10 of the prior year’s corresponding columns.
If membership for this year is different, these amounts may not
be the same. See the “Supplemental Instructions for Standard
Members in UBGs” section in Form 4890 for details.
Line 8: Enter the amount from line 3, in the first column where
a loss is available on line 7. In subsequent columns, enter
amount from line 9 of the previous applicable column.
Line 9: If line 8 is larger than line 7, subtract line 7 from line
8. Enter here and on line 8 of the next column where a loss is
available on line 7.
Line 10: If line 7 is larger than line 8, subtract line 8 from line
7. This amount is available to use in subsequent years.
NOTE: To benefit from a loss adjustment, the total loss
available for the current year, line 7, must equal or exceed the
loss adjustment required on line 8.
The function of this form is to demonstrate that a taxpayer that
otherwise would have been disqualified from the SBAC due to
ABI, or fully or partially disqualified due to owner’s allocated
income, after application of loss adjustment, is allowed to claim
a full or partial SBAC.
If loss adjustment is successfully applied to cure an ABI

disqualifier, there is no calculated figure from this form
that feeds to another form. Simply ignore the apparent
disqualification on Form 4893, line 9 and proceed with
calculating the SBAC on the remainder of Form 4893.
If loss adjustment is successfully applied to fully or partially
cure an owner’s allocated income disqualifier, this will be
demonstrated by the final column of line 9 being zero. In that
event, carry the number from line 12 of this form to Form
4893, line 9, and proceed with the calculation there.
Part 3: Current Year Amounts for Shareholder
Allocated Income Disqualifier
UBGs, see “Special Instructions for UBGs” on the following
page for guidance on completing Part 3.
If the taxpayer is not eligible because a shareholder’s allocated
income exceeds $180,000, complete lines 11 through 23 for the
shareholder(s) creating the disqualifier. The loss adjustment
required is the largest amount needed to eliminate all allocated
income disqualifiers.
Reduced SBAC: A reduction of the SBAC is required if
a shareholder or an officer has allocated income after loss
adjustment of more than $160,000. This reduction is based on
the officer or shareholder with the largest allocated income.
This is determined at a group level.
Any UBG that has a shareholder whose income creates a
partial or complete disqualification, and that has loss available
to resolve that disqualification in whole or in part, must file
Form 4895. A shareholder or officer must combine all items
paid or allocable to the shareholder or officer by all members
of the group when calculating the allocated income disqualifier.
Complete lines 11 through 16 for the shareholder whose
allocated income needs to be reduced.
NOTE: A shareholder that is paid or allocated items of income
from more than one member of the UBG must calculate
Part 3 using amounts from the “Loss Adjustment for a
Shareholder with Multiple Allocations” worksheet later in these
instructions.
Line 11: When calculating this line, the shareholder must
calculate a pro forma CIT Small Business Alternative Credit
(Form 4893), lines 3 through 9, using only the information
from the member creating the disqualifier. Enter the calculated
pro-forma amounts from the 4893 line 6 here on line 11.
Line 12: Form 4895 should be calculated initially using
$160,000 as the disqualifier. This calculation will establish
taxpayer eligibility without the need to reduce the SBAC.
However, if the total loss available for the current year on line
20 does not equal or exceed the loss adjustment required on
line 16, the taxpayer may still calculate a lesser loss adjustment
to claim a reduced credit.
Try the calculation more than once. Substitute the numbers
shown on the chart below on line 12 to maximize the claimed
SBAC within the limits of available loss adjustment. If a
negative number is reached on line 14, a greater disqualifier
amount is needed from the disqualifier chart here on line 12.
Begin this calculation with the shareholder with the highest
disqualifier.

DISQUALIFIER CHART
Line 12

Eligible % of Credit

$ 160,000

100% - no reduction

$164,999

80%

$169,999

60%

$174,999

40%

$180,000

20%

Line 14: If the result is a negative number, some reduction
of credit is necessary. Return to line 12 and enter the higher
disqualifier amount from the chart. Continue this process
until line 14 is greater than or equal to zero. This calculation
establishes the maximum allowable SBAC.
Part 4: Available Loss for Shareholder Allocated
Income Disqualifier
UBGs, see “Special Instructions for UBGs” that follow for
guidance on completing Part 4.
Use Part 4 to determine the loss available from the five
preceding years.
Line 17: Enter each tax year end date for years where loss
occurred. Begin with the earliest year in the left column.
Each short period return is treated as a separate year when
determining the available loss.
Complete lines 18 through 23, one column at a time. Complete
only columns for years that reported a loss (either generated
or used) and received an SBAC. If the taxpayer did not report
a loss or did not receive an SBAC for a tax year, leave that
column, lines 5 through 10, blank.
Line 18: Enter (as a positive number) the negative ABI from
Form 4893, line 9, for tax years where an SBAC was received.
For MBT years, enter the ABI from Form 4571, line 8.
Line 19: Enter the amount of loss entered on line 18 that was
used as an adjustment in a prior year (including loss adjustment
used in MBT years).
Line 20: Subtract line 19 from line 18 to arrive at loss available
on the current return. If less than zero, enter zero; no loss is
available.
If loss adjustment is successfully applied to fully or partially
cure a shareholder’s allocated income disqualifier, enter on
Form 4893, line 12, the number from Form 4895, line 12.
Line 21: Enter the amount from line 16, in the first column
where a loss is available on line 20 of the previous column.
Line 22: If line 21 is larger than 20, subtract line 20 from line
21. Enter here and on line 21 of the next column where a loss is
available on line 20.
Line 23: If line 20 is larger than line 21, subtract line 21 from
line 20. This amount is available to use in subsequent years.

Special Instructions for UBGs
Part 3: Special Instructions for UBGs
A shareholder that is paid or allocated items of income from more

than one member of the UBG must calculate Part 3 using the
Loss Adjustment for UBGs Worksheet and Instructions. If using
the worksheet, enter the resulting numbers in Part 3 of Form 4895
only as instructed by these instructions and worksheet.
If more than one shareholder of the UBG has an allocated
income disqualifier, begin this calculation with the shareholder
with the highest disqualifier.
The worksheet should always be calculated initially using
$160,000 from the disqualifier chart. This calculation will
establish taxpayer eligibility without the need to reduce the
SBAC. Try the calculation more than once. Substitute the
numbers shown on the disqualifier chart when calculating line
8 of this worksheet to maximize the claimed SBAC within the
limits of available loss adjustment.
Shareholder Loss Adjustment Worksheet for Shareholder
with Multiple Allocations, Special Instructions: See the
worksheet at the end of these instructions.
Part 4: Special Instructions for UBGs
This part must be completed on a member by member basis.
Each member must determine its own, separately calculated
loss adjustment for use against the allocated income
disqualifier. This will require each member contributing to the
disqualifier to calculate a pro forma Form 4893 for the purpose
of completing certain line items, as noted.
Line 17: follow general instructions on a member by member
basis for each member listed on line 2 of the worksheet used for
Part 3.
Line 18: On a member by member, pro forma basis: enter (as
a positive number) the negative ABI from Form 4893, line 9,
for tax years where an SBAC was received by the group or the
member. For MBT years, enter the ABI from Form 4571, line 8.
Line 19: On a member by member, pro forma basis: enter
the amount of loss entered on line 18 that was used as an
adjustment in a prior year (including loss adjustment used in
MBT years).
Line 20: Subtract line 19 from line 18 to arrive at loss available
on the current return for this member. If less than zero, enter
zero; no loss is available. If loss adjustment is successfully
applied to fully or partially cure a shareholder’s allocated
income disqualifier, enter on Form 4893, line 12, the number
from Form 4895, line 12.
Line 21: Enter the amount from line 12 from the worksheet for
the member, in the first column where a loss is available on line
20 of the previous column.
Line 22: If line 21 is larger than 20, subtract line 20 from line
21. Enter here and on line 21 of the next column where a loss is
available on line 20. Losses can only be used on a member by
member basis for this disqualifier.
Line 23: If line 20 is larger than line 21, subtract line 21 from
line 20. This amount is available to use in subsequent years by
the member.
Complete and file as many Part 4 schedules as required for
members listed on line 2 of the worksheet used for Part 3.
Include completed Form 4895 as part of the tax return filing.

Worksheet — Loss Adjustment for a Shareholder with Multiple Allocations
Begin this worksheet with information on the shareholder that has the highest disqualifier.
Shareholder Name

Shareholder FEIN or Social Security Number

“Member 1,” “Member 2,” and “Member 3” will reflect the data of the UBG members allocating items or income to the
shareholder listed above. Use additional worksheets if necessary, and combine the member data from all shareholder
worksheets to create the shareholder total. Include all members allocating items or income to shareholder.
PART A: ALLOCATED BUSINESS INCOME AND COMPENSATION
1. Business Income, from a pro forma
Form 4893, line 6, for each member.
Combine the amounts for all members for
the Shareholder Total Business Income,
and carry to Form 4895, line 11................... 1.

MEMBER 1

MEMBER 2

MEMBER 3

SHAREHOLDER
TOTAL

2. Compensation, from Form 4894, line 3,
column L ...................................................... 2.
3. Percentage of Ownership in Entity, from
Form 4894 line 3, column G ........................ 3.

PART B: CALCULATE SHAREHOLDER DISQUALIFIER
4. Share of Business Income, per member ..... 4.
5. Shareholder disqualifier, line 2 plus line 4 ... 5.
6. Disqualifying amount of business income,
all members. Enter the total of line 4 for all
members...................................................... 6.
7. Total disqualifier, all members. Enter the
total of line 5 for all members ...................... 7.

PART C: CALCULATE LOSS ADJUSTMENT NEEDED
8. Amount over disqualifier .............................. 8.
9. Percentage of disqualifier by member ......... 9.
10. Proportionate share of disqualifier by
member ....................................................... 10.
11. Amount from Form 4895, Line 15, for each
member. Combine the amounts for all
members, and carry the Shareholder Total
to Form 4895, line 15................................... 11.
12. Loss Adjustment needed by member .......... 12.
13. Total Loss Adjustment needed for Shareholder. This amount should equal Form 4895, line 16...................................... 13.

See instructions on following page

Instructions
Worksheet — Loss Adjustment for a Shareholder with Multiple Allocations
Line 1: Enter the business income allocated to shareholder by
each member listed. Calculate a pro forma CIT Small Business
Alternative Credit (Form 4893), lines 3-9, for each member
listed. Enter here the pro forma Form 4893, line 6 amount for
each member. Enter the total for all members and carry to
Form 4895, line 11.
Line 2: Enter the compensation allocated to shareholder by
each member listed; from Form 4894, line 3, column L.
For Tax Years Less Than 12 Months: Business Income and
Shareholder compensation must be calculated on an annualized
basis. Enter annualized numbers on lines 1 and 2 of the
worksheet. To annualize, multiply each applicable amount,
ABI, or shareholder compensation, by 12 and divide the result
by the number of months in the tax year.
If a shareholder owned stock for less than the entire tax year of
the corporation, or an officer served as an officer less than the
entire tax year, shareholder compensation must be annualized
when determining disqualifiers.
Line 3: Enter shareholder’s percentage of ownership in each
member listed; from Form 4894 line 3, column G.
Part B: Calculate Shareholder Disqualifier
Line 4: Multiply business income on line 1 for each member
listed by shareholder’s percentage of ownership of that
member, from line 3. Enter resulting share of business income
per UBG member.
Line 5: Add shareholder’s compensation from line 2 to share
of business income from line 4. Enter resulting disqualifier for
shareholder per UBG member.
Part C: Calculate Loss Adjustment Needed
Line 8: Subtract the disqualifier amount from the disqualifier
chart (from earlier in these form instructions) from the total
amount on line 7 of the worksheet. This is the amount over
disqualifier. Start the calculation with $160,000 from the chart.

If the result of this calculation is a negative number, a greater
disqualifier amount is needed from the disqualifier chart. This
calculation establishes the loss adjustment or SBAC reduction
needed when the amount on line 7 minus the disqualifier
amount from the chart is equal to or greater than zero.
Carry the disqualifer amount from the chart used to calculate
this line to Form 4895, line 12.
Line 9: Divide line 4 by line 6 “total.” Enter result per UBG
member. This is the percentage of the disqualifier amount
contributed per UBG member.
Line 10: Multiply percentage of disqualifier by member from
line 9 by line 8 total, amount over disqualifier. Enter result
per UBG member. This is the proportionate share of the
disqualifier contributed per UBG member.
Line 11: Divide line 10 by line 3, percentage of ownership.
Enter result per UBG member. Enter total for all members in
the “total” column. Enter this amount on Form 4895, line 15.
Line 12: Subtract line 11 from line 1. This is the loss
adjustment needed by member.
Line 13: Add line 12 for all members. Enter total disqualifier
needed for shareholder. This amount should equal Form
4895, line 16.
If more than one shareholder of the UBG has a potential
allocated income disqualifier, move on to the shareholder
with the next highest disqualifier. Begin the worksheet for the
next shareholder by reducing line 1 per UBG member on the
second worksheet by line 12 per UBG member from the first
worksheet. This initial reduction will indicate whether more
loss adjustment is needed for the second shareholder with
the next highest disqualifier. Complete worksheet for second
shareholder. If the worksheet line 12 is negative, no additional
loss adjustment is needed.
Complete and file as many Form 4895, Part 3, schedules and
as many worksheets as necessary to properly calculate the loss
adjustment.

Extracted from PDF file 2022-michigan-form-4895.pdf, last modified January 2023

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More about the Michigan Form 4895 Corporate Income Tax Tax Credit TY 2022

We last updated the Loss Adjustment for the Small Business Alternative Credit* in March 2023, so this is the latest version of Form 4895, fully updated for tax year 2022. You can download or print current or past-year PDFs of Form 4895 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 4763	E-file Authorization for Business Taxes MI-8879 (OBSOLETE)
Form 4918	Annual Flow-Through Withholding Reconciliation Return (OBSOLETE)
Form 4901	CIT e-file Annual Return Payment Voucher (CIT-V) Voucher
Form 4891	CIT 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 4895 from the Department of Treasury in March 2023.

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Form 4895 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 4895

We have a total of ten past-year versions of Form 4895 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:

2022 Form 4895

4895, 2022 Michigan Corporate Income Tax Loss Agjustment for the Small Business Alternative Credit

2021 Form 4895

2020 Form 4895

4895, 2020 Michigan Corporate Income Tax Loss Adjustment for the Small Business Alternative Credit

2019 Form 4895

4895, 2019 Michigan Corporate Income Tax Loss Adjustment for the Small Business Alternative Credit

2018 Form 4895

4895, Michigan Corporate Income Tax Loss Adjustment for the Small Business Alternative Credit

2017 Form 4895

4895, 2017 Michigan Corporate Income Tax Loss Adjustment for the Small Business Alternative Credit

2016 Form 4895

2015 Form 4895

4895

Loss Adjustment for the Small Business Alternative Credit*

2014 Form 4895

4895

2012 Form 4895

4895, Corporate Income Tax Loss Adjustment for the Small Business Alternative Credit

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