What Is New of Michigan State Income Tax

by admin 4. October 2012 08:16

2012 Michigan state tax rate changed on Oct 1, 2012. The new income tax withholding rate is 4.25% and the new personal exemption amount is $3,950. And the new pension and/or retirement benefit withholding rate will also change to 4.25%, however, there is no adjustment to the monthly pension deduction amount.

 

Halfpricesoft.com has released the new ezPaycheck payroll software with the updated income tax tables. Current paycheck software users can download the new update package from halfpricesoft.com and finished the tax update process in just a few clicks.

 

Michigan State Table

http://www.halfpricesoft.com/2012/taxrate-michigan-2012.asp

 

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