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***** Act 115 of 2022 THIS NEW ACT IS EFFECTIVE SEPTEMBER 22, 2022 ***** MICHIGAN UNIFORM ASSIGNMENT OF RENTS ACT 115 of 2022 AN ACT to enact the uniform assignment of rents act; to provide for the
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Michigan adopts its version refers to the state-specific adaptation of federal tax law for state income tax purposes, commonly known as the Michigan Individual Income Tax Act.
Individuals who are residents of Michigan or those who earn income from Michigan sources and are subject to state income tax are required to file Michigan adopts its version.
To fill out Michigan adopts its version, taxpayers should complete the relevant forms provided by the Michigan Department of Treasury, including necessary schedules and documentation of income, deductions, and credits.
The purpose of Michigan adopts its version is to determine the state income tax liability by accounting for applicable deductions, credits, and adjustments as specified in Michigan tax law.
Taxpayers must report their total income, any adjustments to income, deductions, and tax credits on the Michigan adopts its version.
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