Example: tourism industry
Search results with tag "Michigan income tax withholding"
Withholding Rate: 4.25% Personal Exemption Amount: $4,900
www.michigan.govMichigan income tax can claim an exemption from withholding using form MI-W4. Bonuses and Other Payments. Bonuses and other payments of employee compensation made separately from regular payroll payments are subject to Michigan income tax withholding. The withholding amount equals the payment amount multiplied by 4.25 percent (0.0425).