Treasury is reviewing the recently enacted tax law changes, including the new Marijuana Wholesale Tax. Developing clear and accurate information for tax stakeholders is our top priority. This guidance will be posted to our website in the coming weeks.
4. Who may file a composite return?
A flow-through entity that has generated Michigan taxable income (loss) may choose to file a Michigan Composite Individual Income Tax Return (Form 807) on behalf of two or more of its nonresident members who elect to participate.** An intermediate flow-through entity may also be eligible to file a composite return. See "May an intermediate flow-through entity file a composite return?".
**Limitations may apply on an intermediate flow-through entity's ability to participate in another flow-through entity's composite return if the intermediate flow-through entity elected to pay the Michigan Flow-Through Entity tax. See "Flow-Through Entity (FTE) Tax Credit FAQs".