INSTRUCTIONS: MICHIGAN BUSINESS TAX SIMPLIFIED RETURN (Form 4583)
Businesses operating in Michigan can file a form 4583 provided their gross receipts are not in excess of $19 million, the filer is not required to recapture credits or deductions and various other qualifications are met. Be sure to read the qualifications at the top of the form 4583 before using it to file your taxes. Otherwise, you may wish to file a long-form 4567 return. Both documents are found on the website of the government of the state of Michigan.
Michigan Business Tax Simplified Return 4583 Step 1: At the top of the form, give your company's legal and trade name, address, a description of your principal business activity, the starting date of your business operations, your federal employer identification number and your NAICS code. If your business has ceased, give the last date of operation.
Michigan Business Tax Simplified Return 4583 Step 2: Indicate with a check mark the type of organization that is filing.
Michigan Business Tax Simplified Return 4583 Step 3: Follow the instructions on lines 9 through 15 to determine your tax prior to the application of credits.
Michigan Business Tax Simplified Return 4583 Step 4: Follow the instructions on lines 16 through 21 to determine your tax after applying the gross receipts filing threshold credit.
Michigan Business Tax Simplified Return 4583 Step 5: On lines 22 through 26, follow the instructions to document all tax payments already made and to apply refundable credits.
Michigan Business Tax Simplified Return 4583 Step 6: Line 27 is only to completed if you are filing an amended return.
Michigan Business Tax Simplified Return 4583 Step 7: Follow the instructions on lines 28 through 31 to determine the size of the payment due.
Michigan Business Tax Simplified Return 4583 Step 8: Lines 32 through 34 concern those who have already overpaid their tax liability and who expect to receive a refund.
Michigan Business Tax Simplified Return 4583 Step 9: An authorized taxpayer should sign and print or type their name, provide their title, and enter the date and a contact telephone number.
Michigan Business Tax Simplified Return 4583 Step 10: If a paid preparer completed this document, they should print their business name, address and telephone number, and provide an identifying number.
