Because Treasury has started issuing the expanded Michigan EITC supplemental check payments for tax year 2022, it is no longer necessary to view or manually update your address. If you moved between last year and now, please be sure your new address is on your 2023 individual income tax return filing.
Are the Paycheck Protection Program loans that are forgiven subject to tax in Michigan?
No. Neither the loan itself nor the loan forgiveness (cancellation of debt) under the Small Business Act Paycheck Protection Program are taxable. If the loan is forgiven, it is specifically excluded from federal adjusted gross income and from Michigan taxable income.