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.


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