Michigan Tax Extension Form

[sakilee0209]

I am in process of filing an extension for MI tax return using Form 4, Application for Extension of Time to File Michigan Tax Returns. When I do the "Computation and Payment of Tax Due", should I take "exemption allowance" into account when calculating "Tax before credits"?

[ErnieS0]

Yes. Exemptions are subtracted from your gross income to arrive at taxable income.

Michigan starts with federal adjusted gross income, then adds and subtracts state-specific additions and subtracts before deducting your exemption allowance to arrive at taxable income.

Your taxable income is used to compute your tax before credits.