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Michigan Free Printable 4947, Michigan Schedule of Certificated Credits for 2022 Michigan Schedule of Certificated Credits

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Schedule of Certificated Credits
4947, Michigan Schedule of Certificated Credits

Attachment 29 Michigan Department of Treasury 4947 (Rev. 04-21) 0,&+,*$16FKHGXOHRI&HUWL¿FDWHG&UHGLWV Issued under authority of Public Act 38 of 2011. Taxpayer Name (print or type) )HGHUDO(PSOR\HU,GHQWL¿FDWLRQ1XPEHU )(,1 PART 1: CERTIFICATED NONREFUNDABLE CREDITS This credit has expired. Leave this line blank and skip to line 2 ........................................................................ 1. X X X X X X X X X 00 2. Eligible Renaissance Zone Credit (see instructions) ......................................................................................... 3. +LVWRULF3UHVHUYDWLRQ&UHGLW1HWRI5HFDSWXUHIURP)RUPOLQH ........................................................... 4. MEGA Federal Contracts Credit from Form 4568, line 28 ................................................................................. 5. %URZQ¿HOG5HGHYHORSPHQW&UHGLWIURP)RUPOLQH .............................................................................. 6. Film Infrastructure Credit from Form 4568, line 35 ............................................................................................ 2. 3. 4. 5. 6. 7. MEGA Plug-In Traction Battery Manufacturing Credit from Form 4568, line 36 ................................................ 8. Anchor Company Payroll Credit from Form 4568, line 37 ................................................................................. 9. Anchor Company Taxable Value Credit from Form 4568, line 38...................................................................... 10. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credits from Form 4568, line 39 ... 7. 8. 9. 10. 00 00 00 00 00 00 00 00 00 11. 00 1. 11. &HUWL¿FDWHG1RQUHIXQGDEOH&UHGLWVIRU&,7$GGOLQHVWKURXJKDQGFDUU\WR)RUPOLQH or Form 4975, line 8 ......................................................................................................................................... PART 2: RECAPTURE OF CERTAIN BUSINESS TAX CREDITS — Amount may not be less than zero. See instructions. 12. Recapture of MBT Investment Tax Credit (see instructions) ............................................................................. 12. 13. 14. 15. 16. Recapture of Single Business Tax (SBT) Investment Tax Credit from Form 4585, line 7 ................................. This recapture has expired. Leave this line blank and skip to line 15 ............................................................... Recapture of MBT MEGA Employment Tax Credit from Form 4587, line 2a ..................................................... This recapture has expired. Leave this line blank and skip to line 19 ............................................................... 13. 14. 15. 16. 17. 18. 19. This recapture has expired. Leave this line blank and skip to line 19 ............................................................... This recapture has expired. Leave this line blank and skip to line 19 ............................................................... Recapture of MEGA Federal Contract Credit from Form 4587, line 4 ............................................................... 17. 18. 19. 20. Recapture of MEGA Photovoltaic Technology Credit from Form 4587, line 5 ................................................... 21. This recapture has expired. Leave this line blank and skip to line 22 ............................................................... 22. 5HFDSWXUHRI0%7%URZQ¿HOG5HGHYHORSPHQW&UHGLWIURP)RUPOLQH.................................................. 23. Recapture of Film Infrastructure Credit from Form 4587, line 8f ....................................................................... 24. Recapture of Anchor Company Payroll Credit from Form 4587, line 9.............................................................. 25. Recapture of Anchor Company Taxable Value Credit from Form 4587, line 10 ................................................ 20. 21. 22. 23. 24. 25. 26. 27. Recapture of Miscellaneous MEGA Battery Credits from Form 4587, line 12a ................................................. Recapture of Start-Up Business Credit from Form 4573, line 8 ........................................................................ 26. 27. 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 28. Total Recapture of Certain Business Tax Credits for CIT. Add lines 12, 13, 15, 19, 20 and 22 through 27, and carry to Form 4946, line 32, or Form 4975, line 10 .................................................................................... 28. 00 XXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXXX XXXXXXXXX PART 3: CERTIFICATED REFUNDABLE CREDITS — Amount may not be less than zero. See instructions. 00 29. 30. MEGA Employment Tax Credit from Form 4574, line 12 ................................................................................... This credit is no longer available. Leave this line blank and skip to line 31 ...................................................... 29. 30. 31. 32. 33. 34. 35. Farmland Preservation Credit from Form 4574, line 15 .................................................................................... MEGA Federal Contract Credit from Form 4574, line 16................................................................................... MEGA Photovoltaic Technology Credit from Form 4574, line 17....................................................................... Film Production Credit from Form 4574, line 18 ................................................................................................ This credit is no longer available. Leave this line blank and skip to line 36 ...................................................... 31. 32. 33. 34. 35. 36. Anchor Company Payroll Credit from Form 4574, line 20 ................................................................................. 37. Anchor Company Taxable Value Credit from Form 4574, line 21...................................................................... 38. MEGA Poly-Silicon Energy Cost Credit and Miscellaneous MEGA Battery Credits from Form 4574, line 22 ... 36. 37. 38. 00 00 00 00 X X X X X X X X X 00 00 00 00 39. 00 39. + &HUWL¿FDWHG5HIXQGDEOH&UHGLWV$GGOLQHVWKURXJKDQGWKURXJKDQGFDUU\WR)RUP line 34, or Form 4975, line 12 ............................................................................................................................ 0000 2021 58 01 27 5 X X X X X X X X X 00  Instructions for Form 4947 6FKHGXOHRI&HUWL¿FDWHG&UHGLWV Purpose 7R DOORZ TXDOL¿HG WD[SD\HUV WKDW HOHFW WR ¿OH 0LFKLJDQ %XVLQHVV7D[ 0%7 IRUWD[\HDUVHQGLQJDIWHUWRLGHQWLI\ WKHLU FHUWL¿FDWHG FUHGLWV DQG UHFDSWXUH RI FHUWDLQ WD[ FUHGLWV 7KHVH DPRXQWV ZLOO EH XVHG LQ FDOFXODWLQJ WKH SUR IRUPD &RUSRUDWH ,QFRPH 7D[ &,7  OLDELOLW\ RQ WKH Schedule of CIT Liability for a MBT Filer )RUP   ZKLFK LV D UHTXLUHG HOHPHQWLQFDOFXODWLQJ0%7OLDELOLW\IRUWD[\HDUVHQGLQJDIWHU  NOTE: 2QO\ D OLPLWHG QXPEHU RI FUHGLWV DQG UHFDSWXUHV OLVWHG RQ WKLV IRUP DSSO\ WR ¿QDQFLDO LQVWLWXWLRQV RU LQVXUDQFH FRPSDQLHV &UHGLWV DQG UHFDSWXUHV DSSOLFDEOH WR ¿QDQFLDO LQVWLWXWLRQVDUHLGHQWL¿HGLQWKHLQVWUXFWLRQVRIWKHIRUPVIURP ZKLFK ¿JXUHV RQ WKLV IRUP RULJLQDWH $ FUHGLW RU UHFDSWXUH VKRXOGQRWEHUHSRUWHGRQ)RUPLILWLVQRWUHSRUWHGRQRQH RIWKHIROORZLQJIRUPV • Nonrefundable Credits Summary )RUP • &UHGLWV IRU &RPSHQVDWLRQ ,QYHVWPHQW DQG 5HVHDUFK DQG 'HYHORSPHQW )RUP • Miscellaneous Nonrefundable Credits )RUP • Refundable Credits )RUP • ,QYHVWPHQW 7D[ &UHGLW 5HFDSWXUH )URP 6DOH RI $VVHWV Acquired Under Single Business Tax )RUP • Schedule of Recapture of Certain Business Tax Credits )RUP • Renaissance Zone Credit Schedule )RUP  NOTE for Insurance Companies: ,QVXUDQFH &RPSDQLHV FDOFXODWH FHUWL¿FDWHG FUHGLWV VHSDUDWHO\ RQ WKH Miscellaneous Credits for Insurance Companies )RUP   DQG WKH Schedule of Corporate Income Tax Liability for a Michigan Business Tax Insurance Filer  )RUP  Line-by-Line Instructions /LQHVQRWOLVWHGDUHH[SODLQHGRQWKHIRUP Name and Account Number: (QWHU QDPH DQG DFFRXQW QXPEHU DV 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Line 30: This credit cannot be claimed for a tax period ending in 2016 or later. 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&RPSDQ\ 7D[DEOH 9DOXH &UHGLW PD\ EH FODVVL¿HG DV UHIXQGDEOH RU QRQUHIXQGDEOH GHSHQGLQJ XSRQ DQ HOHFWLRQ PDGH E\ WKH WD[SD\HU 8VH WKLV OLQH RQO\ WR UHSRUW DQ $QFKRU &RPSDQ\ 7D[DEOH 9DOXH &UHGLW WKDW LV SURSHUO\ FODVVL¿HGDVUHIXQGDEOHDQGUHSRUWHGRQ)RUPOLQH Line 38: $ 0(*$ 3RO\6LOLFRQ (QHUJ\ &RVW &UHGLW DQG WKH  0LVFHOODQHRXV 0(*$ %DWWHU\ &UHGLWV PD\ EH FODVVL¿HG DV UHIXQGDEOH RU QRQUHIXQGDEOH GHSHQGLQJ XSRQ DQ HOHFWLRQ PDGH E\ WKH WD[SD\HU LQ WKH \HDU WKH FUHGLW DULVHV 8VH WKLV OLQH WR UHSRUW D 0(*$ 3RO\6LOLFRQ (QHUJ\ &RVW &UHGLW DQG RUDQ\0LVFHOODQHRXV0(*$%DWWHU\&UHGLWVWKDWDUHSURSHUO\ FODVVL¿HGDVUHIXQGDEOHDQGUHSRUWHGRQ)RUPOLQH Calculation of MBT ITC Credit Recapture Amount Calculation of MBT ITC Credit Recapture Bases )RU HDFK FDWHJRU\ RI DVVHW GLVSRVHG RU PRYHG RXW RI 0LFKLJDQ WKDWWULJJHUVDQ0%7,7&FUHGLWUHFDSWXUHHQWHUWKH LQIRUPDWLRQUHTXHVWHGEHORZ ,Q HDFK FDWHJRU\ RI GLVSRVHGPRYHG DVVHW JURXS DVVHWV E\ WD[DEOH\HDULQZKLFKWKH\ZHUHDFTXLUHG$OOHYHQWVWKDWKDYH YDU\LQJ GDWHV PXVW EH OLVWHG 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GXULQJ WKH FXUUHQW ¿OLQJ SHULRG *LYH DOO LQIRUPDWLRQ UHTXLUHG IRU HDFK GLVSRVLWLRQ LQ FROXPQV $WKURXJK),QFROXPQ$HQWHUWKHWD[DEOH\HDULQZKLFKWKH GLVSRVHG DVVHWV ZHUH DFTXLUHG (QWHU FRPELQHG JURVV VDOHV SULFH QHWRIFRVWVRIVDOH LQFROXPQ%DQGLQFROXPQ&HQWHU WRWDOJDLQRUORVVLQFOXGHGLQFDOFXODWLQJIHGHUDOWD[DEOHLQFRPH DVGH¿QHGIRU0%7SXUSRVHV  NOTE:6DOHVSULFHLQFOXGHVDQ\EHQH¿WGHULYHGIURPWKHVDOH Worksheet 1b — Depreciable Mobile Tangible Assets (QWHU DOO GLVSRVLWLRQV RI GHSUHFLDEOH PRELOH WDQJLEOH DVVHWV WKDW ZHUH DFTXLUHG DIWHU  DQG ZHUH VROG RU RWKHUZLVH GLVSRVHG RIGXULQJWKHFXUUHQW¿OLQJSHULRG*LYHDOOLQIRUPDWLRQUHTXLUHG IRUHDFKGLVSRVLWLRQLQFROXPQV$WKURXJK),QFROXPQ$HQWHU Worksheet 1a — Depreciable Tangible Assets A Taxable Year (End Date) In Which Disposed Assets Were Acquired (MM-DD-YYYY) B Combined Sales Price of Disposed Assets by Year of Acquisition C D E F Net Gain/Loss From Sale of Assets CIT Apportionment Percentage from Form 4891, line 9g, or Form 4908, line 9c Apportioned Gain/Loss MBT ITC Recapture (Base 1) Multiply Column C by Column D Subtract Column E From Column B Worksheet 1b — Depreciable Mobile Tangible Assets A B C Taxable Year (End Date) Combined Sales Price of In Which Disposed Disposed Assets by Assets Were Acquired Year of Acquisition (MM-DD-YYYY) Net Gain/Loss From Sale of Assets D $GMXVWHG3URFHHGV Subtract Column C From Column B E CIT Apportionment Percentage from Form 4891, line 9g, or Form 4908, line 9c F MBT ITC Recapture (Base 2) Multiply Column D by Column E Worksheet 1c — Assets Transferred Outside Michigan A B Taxable Year (End Date) In Which Disposed Assets Were Acquired MBT ITC Recapture &RPELQHG$GMXVWHG)HGHUDO%DVLVRI Disposed Assets by Year of Acquisition (Base 3) (MM-DD-YYYY)  WKH WD[DEOH \HDU LQ ZKLFK WKH GLVSRVHG DVVHWV ZHUH DFTXLUHG (QWHUJURVVVDOHVSULFH QHWRIFRVWVRIVDOH LQFROXPQ%DQGLQ FROXPQ&HQWHUWRWDOJDLQRUORVVLQFOXGHGLQFDOFXODWLQJIHGHUDO WD[DEOHLQFRPH DVGH¿QHGIRU0%7SXUSRVHV  )RU SURSHUW\ SODFHG LQ VHUYLFH SULRU WR -DQXDU\   JDLQ UHÀHFWHG LQ IHGHUDO WD[DEOH LQFRPH DV GH¿QHG IRU 0%7 SXUSRVHV LVHTXDOWRWKHJDLQUHSRUWHGIRUIHGHUDOSXUSRVHV )RU SURSHUW\ SODFHG LQ VHUYLFH DIWHU 'HFHPEHU   JDLQ UHÀHFWHG LQ IHGHUDO WD[DEOH LQFRPH DV GH¿QHG IRU 0%7 SXUSRVHV  LV WKH JDLQ UHSRUWHG IHGHUDOO\ H[FHSW WKDW LW VKDOO EH FDOFXODWHGDVLI,5&† N ZHUHQRWLQH൵HFW Calculation of MBT ITC Recapture Rates and Amounts &RPSOHWH :RUNVKHHW  RQ WKH IROORZLQJ SDJH  HQWHULQJ HDFK WD[DEOH \HDU (QG 'DWH  LQ ZKLFK WKH GLVSRVHG DVVHWV WKDW WULJJHUHG0%7,7&FUHGLWUHFDSWXUHZHUHDFTXLUHG NOTE: Lines references on columns below are based on 2010 MBT form 4570. Lines for 2008 and 2009 MBT forms DUHGL൵HUHQWVRLIFRS\LQJLQIRUPDWLRQIURPDRU MBT form, choose the appropriate lines. Worksheet 2 • &ROXPQ $ (QWHU LQ FKURQRORJLFDO RUGHU EHJLQQLQJ ZLWK WKH HDUOLHVW WKH WD[ \HDU HQG GDWH RI HDFK DFTXLVLWLRQ \HDU RI GLVSRVHG DVVHWV WKDW WULJJHUHG 0%7 ,7& UHFDSWXUH IURP :RUNVKHHWDWKURXJKF UBGs: ,I FDSLWDO DVVHW VXEMHFW WR UHFDSWXUH LV IURP D PHPEHU WKDW ZDV QRW SDUW RI WKH JURXS LQ WKH WD[ \HDU WKH DVVHW ZDV DFTXLUHG PDNH D VHSDUDWH OLQH HQWU\ IRU WKH WD[ \HDU WKH PHPEHU ¿OHG RXWVLGH RI WKH JURXS 7DNH FDUH WR UHSRUW LQ WKLV OLQH LQIRUPDWLRQ UHTXHVWHG LQ HDFK FROXPQ RQO\ IURP WKH PHPEHU¶VVLQJOH¿OLQJVQRWWKHJURXS¶V • &ROXPQ % (QWHU DOORZDEOH 0, FRPSHQVDWLRQ DQG ,7& FUHGLWV DPRXQW IURP )RUP  OLQH  ZLWK WKH FRUUHVSRQGLQJDFTXLVLWLRQ\HDULQFROXPQ$ • &ROXPQ &(QWHU WKH0,FRPSHQVDWLRQFUHGLWDPRXQW IURP )RUPOLQHZLWKWKHFRUUHVSRQGLQJDFTXLVLWLRQ\HDULQ FROXPQ$ • &ROXPQ ' &DOFXODWH QHW ,7& FUHGLW DPRXQW VXEWUDFW FROXPQ & IURP FROXPQ % IRU HDFK WD[DEOH \HDU  ,I GL൵HUHQFHLVOHVVWKDQ]HUR LVQHJDWLYH HQWHU]HUR7KLVLV WKHDPRXQWRI,7&FUHGLWWKDWR൵VHWV0%7OLDELOLW\ • &ROXPQ ) 0%7 FDSLWDO LQYHVWPHQW DPRXQW  (QWHU WRWDO DPRXQWRIFDSLWDOLQYHVWPHQWUHSRUWHGRQ)RUPOLQH IRUHDFKWD[DEOH\HDUOLVWHGRQFROXPQ( • &ROXPQ * ,7& UDWH  (QWHU  IRU WD[DEOH \HDUV RQ FROXPQ(WKDWHQGZLWKRWKHUZLVHHQWHU • &ROXPQ + &DOFXODWH JURVV ,& FUHGLW DPRXQW  PXOWLSO\ FROXPQ)E\FROXPQ*IRUHDFKWD[DEOH\HDU • &ROXPQ-0%7UHFDSWXUHRIFDSLWDOLQYHVWPHQW(QWHUWRWDO DPRXQWRIUHFDSWXUHRIFDSLWDOLQYHVWPHQWUHSRUWHGRQIRUP OLQHIRUHDFKWD[DEOH\HDUOLVWHGRQFROXPQ, • &ROXPQ / *URVV 0%7 ,7& FUHGLW UHFDSWXUH DPRXQW  NOTE:6DOHVSULFHLQFOXGHVDQ\EHQH¿WGHULYHGIURPWKHVDOH Worksheet 1c — Assets Transferred Outside Michigan (QWHUDOOGHSUHFLDEOHWDQJLEOHDVVHWVRWKHUWKDQPRELOHWDQJLEOH DVVHWVDFTXLUHGDIWHUWKDWZHUHHOLJLEOHIRU,7&DQGZHUH WUDQVIHUUHG RXWVLGH 0LFKLJDQ GXULQJ WKH ¿OLQJ SHULRG *LYH DOOLQIRUPDWLRQUHTXLUHGIRUHDFKGLVSRVLWLRQLQFROXPQ$DQG FROXPQ % ,Q FROXPQ $ HQWHU WKH WD[DEOH \HDU LQ ZKLFK WKH GLVSRVHGDVVHWVZHUHDFTXLUHGDQGLQFROXPQ%HQWHUDGMXVWHG EDVLV DV XVHG IRU IHGHUDO SXUSRVHV 'R QRW XVH D UHFRPSXWHG 0%7EDVLVIRUWKLVSXUSRVH 0XOWLSO\ FROXPQ - E\ FROXPQ .  7KLV UHSUHVHQWV WKH WRWDO DPRXQWRI,7&FUHGLWUHFDSWXUHDYDLODEOHWREHUHSRUWHGLQWKH WD[\HDU • &ROXPQ 0 0%7 ,7& FUHGLW UHFDSWXUH DPRXQW R൵VHW E\ FUHGLW (QWHU WKH OHVVHU RI FROXPQV + DQG / 7KLV LV WKH DPRXQWRIDYDLODEOH,7&FUHGLWUHFDSWXUHWKDWZDVR൵VHWE\ WKHWRWDODPRXQWRIDYDLODEOH,7&FUHGLWLQWKH\HDU • &ROXPQ26%7FUHGLWUHFDSWXUHDPRXQW(QWHUWRWDODPRXQW IURP)RUPOLQHIRUHDFKWD[DEOH\HDUOLVWHGRQFROXPQ 1 • &ROXPQ 3  6%7 ,7& FUHGLW UHFDSWXUH DPRXQW R൵VHW E\ FUHGLW  (QWHU OHVVHU RI WKH DPRXQW RQ FROXPQ 2 DQG WKH DPRXQW RI FROXPQ + PLQXV FROXPQ 0 7KLV LV WKH DPRXQW RI 6%7 ,7& FUHGLW UHFDSWXUH WKDW ZDV R൵VHW E\ WKH WRWDO DPRXQWRIDYDLODEOH,7&FUHGLWLQWKHWD[DEOH\HDU • &ROXPQ47RWDO0%7,7&XVHG$GGFROXPQV'0DQG 37KHWRWDODPRXQWRI0%7,7&XVHGHTXDOVWRWKHDPRXQW RI FUHGLW WKDW R൵VHWV 0%7 ,7& FUHGLW UHFDSWXUH 6%7 ,7& FUHGLWUHFDSWXUHDQGWKH0%7OLDELOLW\ • &ROXPQ5([WHQWXVHGUDWH'LYLGHDPRXQWVRQFROXPQ4 E\DPRXQWVRQFROXPQ+ • &ROXPQ 7  0%7 UHFDSWXUH EDVH  (QWHU WRWDO DPRXQW RI UHFDSWXUHFDSLWDOLQYHVWPHQWIURP:RUNVKHHWDFROXPQ) :RUNVKHHWEFROXPQ)DQG:RUNVKHHWFFROXPQ% • &ROXPQ 8  0%7 UHFDSWXUH DPRXQW  0XOWLSO\ DPRXQW LQ FROXPQ7E\UDWHVLQFROXPQ*DQGLQFROXPQ5 $GGXS¿JXUHVLQHDFKURZRIFROXPQ8DQGFDUU\WKDWDPRXQW WR)RUPOLQH Worksheet 2 — Calculation of MBT ITC Recapture Rates and Amounts NOTE: Lines references on columns below are based on 2010 MBT form 4570. Lines for 2008 and 2009 MBT forms are GLႇHUHQWVRLIFRS\LQJLQIRUPDWLRQIURPDRU0%7IRUPFKRRVHWKHDSSURSULDWHOLQHV A B C D Taxable Year (End Date) in which MBT ITC Disposed Assets were acquired Allowable Michigan compensation and ITC credit amount from Form 4570, line 26 Michigan Compensation Credit Amount from Form 4570, line 3 ,7&WKDWRႇVHWV0%7OLDELOLW\ Subtract column C from column B (Enter 0 if less than 0) E F G H Taxable Year (repeat from column A) MBT Capital Investment Amount from Form 4570, line 8 ITC rate (2.32% for tax years ending in 2008, or 2.9% otherwise) Gross ITC Credit Amount Multiply column F by column G I J K L M Taxable Year (repeat from column A) MBT Recapture of Capital Investment Amount from Form 4570, line 16 ITC rate (2.32% for tax years ending in 2008, or 2.9% otherwise) Gross MBT ITC Recapture Multiply column J by column K MBT ITC Recapture Amount 2ႇVHWE\&UHGLW/HVVHU RIFROXPQ/DQG+ N O P Q R Taxable Year (repeat from column A) SBT ITC Credit Recapture Amount from Form 4570, line 19 SBT ITC Recapture Amount 2ႇVHWE\&UHGLW/HVVHU of column O, DQGFROXPQ +±0 T U S Taxable Year (repeat from column A) Total MBT ITC Credit Used Extent Credit Used Rate Add columns D, M, and P 'LYLGHFROXPQ4E\FROXPQ+ Recapture base. Enter total amount of recapture from Worksheet 1a, column F; Worksheet 1 b, Recapture Amount. column F; and Worksheet 1c, Multiply column T by column B. column G and by column R 
Extracted from PDF file 2021-michigan-form-4947.pdf, last modified January 2022

More about the Michigan Form 4947 Corporate Income Tax Tax Credit TY 2021

We last updated the Schedule of Certificated Credits in March 2022, so this is the latest version of Form 4947, fully updated for tax year 2021. You can download or print current or past-year PDFs of Form 4947 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 4947 from the Department of Treasury in March 2022.

Show Sources >

Form 4947 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 4947

We have a total of ten past-year versions of Form 4947 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2021 Form 4947

4947, Michigan Schedule of Certificated Credits

2020 Form 4947

4947, 2020 Michigan Schedule of Certificated Credits

2019 Form 4947

4947, 2019 Michigan Schedule of Certificated Credits

2018 Form 4947

4947, 2018 MICHIGAN Schedule of Certificated Credits

2017 Form 4947

4947, 2017 Michigan Schedule of Certificated Credits

2016 Form 4947

4947, 2016 Michigan Schedule of Certificated Credits


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Source: http://www.taxformfinder.org/michigan/form-4947