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Are long term capital gains taxable in michigan?

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Are long term capital gains taxable in michigan?

Yes, long term capital gains are taxed by Michigan at the same rate as other income.

The tax rate is 4.25%

Are long term capital gains taxable in michigan?

Is the 4.25% charged on the full amount of the Long term Cap gain?

Are long term capital gains taxable in michigan?

Yes it is.

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