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Reset Form MI1041 Schedule W Michigan Department of Treasury 5029 (Rev. 1115) 2015 MICHIGAN Fiduciary Withholding Tax Schedule Issued under authority of Public Act 281 of 1967. Type or print in blue

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What is michigan fiduciary withholding tax?

Michigan fiduciary withholding tax is a tax imposed on income that is withheld from payments made to a fiduciary.

Who is required to file michigan fiduciary withholding tax?

Any fiduciary who has withheld income tax from payments made to a beneficiary or payee is required to file michigan fiduciary withholding tax.

How to fill out michigan fiduciary withholding tax?

Michigan fiduciary withholding tax can be filled out using the appropriate forms provided by the Michigan Department of Treasury. The form must include information about the fiduciary, the payees, and the amount of income tax withheld.

What is the purpose of michigan fiduciary withholding tax?

The purpose of michigan fiduciary withholding tax is to ensure that income tax is withheld and paid to the state on behalf of beneficiaries or payees receiving payments from a fiduciary.

What information must be reported on michigan fiduciary withholding tax?

Information such as the name and address of the fiduciary, the Social Security number or employer identification number of the fiduciary, the name and address of the payees, and the amount of income tax withheld must be reported on michigan fiduciary withholding tax.

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