Michigan Withholding Opt-Out Schedule*
Extracted from PDF file 2016-michigan-form-4903.pdf, last modified December 2016
Withholding Opt-Out Schedule*Attachment 8 Michigan Department of Treasury 4903 (Rev. 03-16) 2016 Michigan Corporate Income Tax Withholding Opt-Out Schedule Issued under authority of Public Act 38 of 2011. Taxpayer Name (If Unitary Business Group, Name of Designated Member) Federal Employer Identification Number (FEIN) Unitary Business Groups Only: Name of Unitary Business Group Member Reporting on This Form Federal Employer Identification Number (FEIN) A Flow-Through Entity Information B C FEIN Distributive Income (see instructions) Name Address City State ZIP/Postal Code State ZIP/Postal Code State ZIP/Postal Code State ZIP/Postal Code State ZIP/Postal Code State ZIP/Postal Code State ZIP/Postal Code Name Address City Name Address City Name Address City Name Address City Name Address City Name Address City If more space is needed, include additional copies of Form 4903. Repeat the taxpayer name and FEIN at the top of every copy. + 0000 2016 36 01 27 2 Instructions for Form 4903 Corporate Income Tax Withholding Opt-Out Schedule Purpose To report the flow-through entities to which this taxpayer has provided a Certification of Exemption for Flow-Through Withholding Payments (Form 4912), in order to relieve the Flow-Through Entity (FTE) of its obligation to withhold on this taxpayer. General Instructions A Corporate Income Tax (CIT) taxpayer is able to relieve an FTE of its Flow-Through Withholding requirements to withhold on that CIT taxpayer by filing an exemption certificate with the FTE. A taxpayer that has submitted an exemption certificate to an FTE must fill out this form to report each FTE to which it has submitted an exemption certificate. If more space is needed to report all of the flow-through entities that have received an exemption certificate from this taxpayer, include additional copies of Form 4903. Include at the top of each Form 4903 the name and Federal Employer Identification Number (FEIN) of the taxpayer. If this taxpayer is a Unitary Business Group (UBG), enter the FEIN of the Designated Member (DM) at the top of each additional Form 4903. NOTE: Form 4903 is required to be included in the taxpayer’s tax return if it has submitted a certificate of exemption (Form 4912) to an FTE. The taxpayer should not, however, include a copy of Form 4912 with this CIT return. Instead, retain a copy for your records. NOTE: Flow-through withholding is repealed effective with FTEs’ tax years beginning after June 30, 2016, under Public Act 158. A CIT taxpayer should not have had any tax withheld on its behalf by FTEs with tax years beginning after June 30, 2016. UBGs: If this taxpayer is a UBG and has submitted an exemption certificate to an FTE it is unitary with, and more than one member of the UBG has an ownership interest in the FTE, enter the information for this FTE on the Form 4903 that is completed by the DM. If the DM has to file more than one copy of Form 4903, only list the flow-through entities that the UBG is unitary with once. Column by Column Instructions Taxpayer information: Enter the name and FEIN of the taxpayer filing this form as reported on page 1 of CIT Annual Return (Form 4891). UBGs: If this taxpayer is a UBG, enter the name and FEIN of the DM for the standard members of this UBG on the first line as it has been reported on page 1 of Form 4891. Enter the name and FEIN of the member of the UBG that is reporting on this form on the second line as it has been reported on page one of the applicable CIT Data on UBG Members (Form 4897). Column A: Enter the name, address, city, state, and Zip code of the FTE that this taxpayer has filed an exemption certificate with. Column B: Enter the FTE’s FEIN that this taxpayer has filed an exemption certificate with. Column C: Enter the taxpayer’s unapportioned distributive share of the flow-through entity’s income, as reported to the taxpayer by the FTE. Include completed Form 4903 as part of the tax return filing. Flow-through entities that are unitary with this taxpayer: If this taxpayer has submitted an exemption certificate to an FTE it is unitary with, enter the information for this FTE first. If more than one copy of Form 4903 is required, only list the flow-through entities that this taxpayer is unitary with once. For more information on what constitutes a unitary relationship between an FTE and a taxpayer, see the instructions for FlowThrough Entities that are Unitary with the Taxpayer (Form 4900). 87
More about the Michigan Form 4903 Corporate Income Tax
We last updated the Withholding Opt-Out Schedule* in February 2017, and the latest form we have available is for tax year 2016. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Michigan Department of Treasury. You can print other Michigan tax forms here.
Other Michigan Corporate Income Tax Forms:
|Form Code||Form Name|
|Form MI W-4P||Withholding Certificate for Michigan Pension or Annuity Payments|
|Form 4884||Pension Schedule|
|Form 4891||CIT Annual Return|
|Form 777||Michigan Resident Credit for Tax Imposed by a Canadian Province|
|Form 5049||Worksheet for Married, Filing Separately and Divorced 5049|
Michigan usually releases forms for the current tax year between January and April. We last updated Michigan Form 4903 from the Department of Treasury in February 2017.
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 4903
We have a total of four past-year versions of Form 4903 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
4903, Corporate Income Tax Withholding Opt-Out Schedule
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