Section 164a of the Internal Revenue Code provides a deduction for state and local income taxes paid or accrued. We are providing this update to alert accrual-basis taxpayers regarding the Michigan SALT workaround and the deductibility of taxes under section 164.
Michigan to begin processing individual income tax returns mid-Feb.
Michigan’s income tax return schedule same as IRS’
Published:
Tags:
The state of Michigan will process individual income tax returns beginning Friday, Feb. 12, officials announced Wednesday.
The Michigan Department of Treasury says it will begin processing state income tax returns at the same time the IRS does on Feb. 12.
“We coordinate with the IRS to process tax returns and issue refunds,” said State Treasurer Rachael Eubanks. “This year, the IRS has pushed back the processing date due to software updating and testing. This means our processing date will also be pushed back. The state of Michigan will be ready to process your returns and issue refunds when the season opens early in the month.”