The Michigan state tax calculation starts with federal adjusted gross income (AGI) and then has the following additions and subtractions related to a Michigan Education Savings Program (MESP):
Additions:
- Withdrawals from an MESP if the withdrawal was not a qualified withdrawal as provided in the MESP. You can exclude from this addition any amount that represents a return of contribution for which no deduction was claimed in any prior tax year.
Subtractions:
- Contributions to an MESP (up to $5,000 single, $10,000 for married filing jointly).
- Any part of a qualified withdrawal from an MESP account included in federal AGI.
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