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Date: Fri, 18 Feb 2005
Subject: MI e-file Update, Self Service, and Direct Deposit - 2/15/05
E-file Update As of February 15, 2005
Michigan has received over 969,000 e-file returns. An increase of 19.5% over
last year at this time. E-file *. secure, fast, and convenient! www.MIfastfile.org
Direct Deposit of Michigan Income Tax Refunds Michigan taxpayers can elect to
have their 2004 Michigan income tax refunds directly deposited into their
checking or savings account. When filing electronically, Direct Deposit is part
of the electronic record. The Direct Deposit information for federal and state
can be different. This is especially important if there is a Rapid Refund or
Refund Anticipation Loan (RAL), and the Michigan refund should not go towards
repayment of the loan. Make sure this information is correct for both federal
and state refunds. Preparers may want to ask for proof of account from the
taxpayer. Direct Deposit information cannot be changed once the return is
transmitted. You may want to ask for a proof of account from the taxpayer to
verify the account number information. Michigan preparers may recognize a valid
Michigan Routing Transit Number (RTN) because it generally begins with 07 or 27,
which is the Federal Reserve District that Michigan is in. 07 is for banks and
27 is for credit unions. Upper Peninsula banks may have 09 or 29. Please refer
to pages 27 - 30 of the Michigan Tax Preparer Handbook for Alternative Filing
Programs located on our Web site at http://www.michigan.gov/documents/Final110104_108072_7.pdf
for more information on Direct Deposit.
Internet Self Service Treasury provides Self Service to customers via the
Web. Access the Treasury Web site to: -Check the date Treasury is currently
processing returns -Ask Treasury a question -Check if a refund has been issued
and when, for the current year and three prior years. -Request copies of returns
filed -Order copies of current and prior year tax forms -Check estimated
payments -View a Single Business Tax e-file Customer Service Number (CSN). To
access these service options for Individual Income Tax go to www.michigan.gov/iit.
To obtain return information using the "Internet Services" options,
the primary filer's Social Security number and adjusted gross income or
household income are needed. To access these service options for Single Business
Tax, go to www.michigan.gov/bustax.
To obtain return information using the "Internet Services" options,
the filer's Federal Employer Identification number (FEIN) or Treasury (TR)
number, gross receipts and organization type must be entered.
Date: Thu, 3 Feb 2005
Subject: MI Single Business Tax Instructions Update
The Michigan Single Business Tax instruction book located on our Web site at http://www.michigan.gov/documents/2004SBTBOOK_111880_7.pdf
has been updated to reflect the following changes to the Unincorporated/S
Corporation Credit Table on pages 15 and 20:
Page 15, 2nd line Changed from "$20,001-40,000....... 15% of the
liability"
to "$20,001- $39,999........15% of the liability"
Page 15, 3rd line Changed from "$40,001 or more.......10% of the
liability" to
"$40,000 or more........10% of the liability"
Page 20, 3rd line Changed from"$40,00 or more........10% of the
liability" to
"$40,000 or more........10% of the liability"
Date: Tue, 8 Feb 2005
Subject: MI Single Business Tax Instructions Update - 2/8/05
The Michigan Single Business Tax Instruction book located on our Web site at http://www.michigan.gov/documents/2004SBTBOOK_111880_7.pdf
has been updated to reflect the following changes: Page 73, the 2nd sentence at
the top of the page has been revised to indicate the listing is for 2004. The
sentence now reads: "The following are certified for the Community
Foundations Credit for 2004."
The Michigan Single Business Tax Insurance Instruction book located on our
Web site at http://www.michigan.gov/documents/4080InsBook_111321_7.pdf
has been updated to reflect the following changes:
(1) Page 17, the 2nd sentence at the top of the page has been revised to
indicate the listing is for 2004. The sentence now reads: "The
following are certified for the Community Foundations Credit for 2004."
(2) Pages 11 - 12, the instructions for form C-8000MC, Miscellaneous
Credits have been replaced.
Michigan Tax Forms and Information CD If you received a copy of the 2004 Tax
Forms and Information CD, we would like to take this opportunity to ask that you
complete the survey on the CD. The survey can be faxed, e-mailed or mailed to
the address provided on the CD. Thank you.
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