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.
What is taxable income?
Taxable income is all income subject to Michigan individual income tax.
View a list of items included in Michigan taxable income.
This list serves as a guide and is not intended to replace the law. [MCL 206.30]
Note: The economic impact payments are not included in federal adjusted gross income (AGI) or in Michigan taxable income.