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.
How do I know if I should file the MI-2210 form?
File this form if your tax liability is $500 or more after credits and withholding, and you did not pay the required amount of estimated tax prior to the return's due date.
Do not file this form if:
- You were not required to file a return in the previous year
- The total tax liability on your current or prior year return, minus the amount you paid in withholding and all other credits is $500 or less
- You paid 100% of your required estimated tax by the first quarter due date of April 15
- You made the required estimated tax payments that are equal to:
- 90% of your current year's tax liability or
- 100% of your previous year's tax liability or
- 110% of your previous year’s tax liability if your previous year’s adjusted gross income is more than $150,000 ($75,000 for married filing separate)