Emergency-related state tax relief available for taxpayers located in four southwest Michigan Counties impacted by May 2024 storms.
Learn About Disaster Relief
Annualization of Income
Annualization of Income
What is Annualizing Income?
If a person has died or resided in Michigan part of the year, income/total household resources (THR) must be projected for the whole year.
Your annualized THR, though not reported on the form, will determine if your credit claim is impacted using tables A and/or B from the MI-1040CR instructions.