MIGenC MI7 Michigan Corporate Income Tax Return MIGenC (2018)€¦ · MIAmend MI8 18,3,3 2018...

Michigan Corporate Income Tax ReturnMIGenC (2018)

General Information

Unitary Business Group Information

General footnote

NAICS code, if different from federal Screen 1120

Effective end date

Designated member name

Beginning

Ending

Membership dates for part-year members:

Use this section to complete additional information for a member of a unitary business group

Refund only or protected under PL 86-272

Authorize treasury to discuss return with preparer, if different from federal Screen 1120

1 2

3

4

5

6

8

9

10

MIGenC MI7

2018 CORPORATION / S CORPORATION18,3,3

Michigan Amended ReturnMIAmend (2018)

General Information

Amounts as Previously Reported

Amended Amounts

General Information


Amended Amounts

Explanation of changes

Transfer original information

Federal taxable income

Domestic production activities deduction

Miscellaneous adjustments

Net bonus depreciation adjustment

Gain/loss adjustment on sale of assets

UBG eliminations from business income

Interest and dividends

Taxes on or measured by net income

Federal net operating loss

Royalty, interest, and other expenses

Miscellaneous additions

Income from non-unitary FTEs

Dividends and royalties received

Interest income from United States obligations

Miscellaneous subtractions

Apportionment percentage

Apportioned income from non-unitary FTEs

Business loss carryforward from prior year(s)

Small business alternative credit

Recapture of business tax credits

Overpayment credited from prior period return

Estimated tax payments

Tax paid with request for extension

Amounts paid with or after original return

Overpayment received on original return

Reason code for amending return

Overpayment to be applied

Annual return interest

Annual return penalty

Expenses from the production of oil and gas, and/or minerals

Income from the production of oil and gas, and/or minerals

Underpaid estimate penalty and interest

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

29

30

31

32

33

34

35

MIAmend MI8


Michigan Power of AttorneyMIPOA (2018)

General Information

Representative Appointment

Tax Matters Information

General Information

Representative Appointment

Tax Matters Information

Year(s) or period(s)

All of the above

Type of authority:


Type of tax


Representative appointment

Make oral or written presentation

Receive and inspect confidential information

Type of tax

Sign returns

Revocation of authority

Enter into agreements

Type of tax

ME or TR number

Specific matters:

Tax dispute:

Type of tax


Only the first representative entered in this statement will be used on Form 151

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

MIPOA MI9


Michigan Insurance Company ReturnMIINSGen (2018)

General Information

Gross direct premiums

Taxes, fees and assessments

Disability insurance exemption

Foreign insurer 1

2

3

4

MIINSGen MI10


Michigan Amended Insurance Company ReturnMIINSAmd (2018)

General Information


Amended Amounts

General Information


Amended Amounts

Overpayment received on original return

Tax paid with original return



Overpayment credited from prior return

Transfer original information

Explanation of changes

Gross direct premiums written in MI

Premiums on policies not taken

Receipts on sales of annuities

Receipts on reinsurance assumed

Disability insurance premiums written in MI

Gross direct premiums from all lines of insurance carrier services

Michigan workers' compensation placement facility

Michigan basic property insurance association

Michigan automobile insurance placement facility

Property and casualty guaranty association

Michigan life and health insurance guaranty association

Returned premiums on canceled policies

Retaliatory amount

Reason code for amending return

Michigan examination fees

Credit recapture

WDSB credit on original return

Flow-through withholding payments

Overpayment to be applied



Underpaid estimate penalty and interest

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

MIINSAmd MI11


Michigan Unitary Member InformationMIUMemb (2018)

Member Information

Excluded Member Information

Capital Loss

Sales and Gross Receipts

Tax period:

Unit

Member's name

FEIN

Beginning

Membership dates:

Ending

Beginning

Nexus with Michigan

NAICS code

If discontinued, effective date

New member

Reason for exclusion from combined return

Ending

Protected under PL 86-272

Federal Form 851 affiliate number, if applicable

Transportation services formula

Address

City, state, zip code

Foreign country

Total sales eliminations

Michigan sales eliminations

Gross receipts from corporate activity

Total sales

Michigan sales

Excluded members should complete this section and any applicable information in the above section

Included in prior combined return (Financial Institution)

Member by affiliated group election

Group eliminations from gross receipts for this member

Carryback or carryover of capital loss

1

2

3

5

6 7 8

910

11

12

13

14

15

16

17

18 19

20

21

22

23

24

25

26

27

28

29

30

31

32

MIUMemb MI15


Michigan Unitary Income and AdjustmentsMIUInc (2018)

Adjustments

Additions

Subtractions

Financial Institution

Unit

Member's name

FEIN


US obligation interest



Royalty, interest, and other expenses

Federal net operating loss


Interest and dividends

Disposition adjustment




Federal taxable income

Net capital components

Michigan gross business

Total gross business

Group eliminations from business income for this member

Michigan gross business eliminations

Total gross business eliminations

Organization type

Expenses from production of oil and gas, and/or minerals

Income from oil and gas and/or minerals

1

2

3

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

MIUInc MI16


Michigan Unitary PaymentsMIUPmt (2018)

General Information

Prior year overpayment


Paid with extension

Unit

Member's name

FEIN

Payments made by the designated member on behalf of the group are entered in Screen Pmt or Screen FIPmt.

Enter only payments made by individual members.

1

2

3

5

6

7

MIUPmt MI17


Michigan Electronic FilingMIELF (2018)

General Information

Personal Identification Number (PIN) Information

Electronic Filing Exceptions

Suppress Michigan electronic file when filing federal return electronically

Form 4763 has already been signed and returned

Signature date, if different from federal Screen ELF

Filing method

PIN authorization indicator

Taxpayer PIN of five numbers other than all zeros

Exception

ERO signature date, if different from return signature date or federal ERO signature date

disclosure of all information pertaining to my use of the system and software to create my client's return and to theBy using a computer system and software to prepare and transmit my client's return electronically, I consent to the

electronic transmission of my client's tax return to the Michigan Department of Treasury, as applicable by law.

1

2

3

4

5

6

7

8

MIELF MI18


Michigan Insurance Company CreditsMIINSCr (2018)

Credits







Workers' Disability Supplemental Benefit (WDSB) Credit

1

2

3

4

5

6

7

MIINSCr MI19


Michigan Unitary Member Flow-Through EntityMIUFTE (2018)

General Information

Sales

Gross Receipts and Income

Unit

Foreign country


Michigan sales

Gross receipts applicable to tax period


Intercompany eliminations from total sales

Total sales

Intercompany eliminations from Michigan sales

Unitary relationship (Force)

Percent of this entity owned by the taxpayer

Tax year end

Address

FEIN

Distributive share of income before apportionment

Name of entity

Files MBT return for the tax year of the taxpayer

Name of activity

Type of partner

1

2

4

5

7

8 9 10

1112

13

14

15

16

17

18

19

20

21

22

23

24

MIUFTE MI20


Michigan Penalties and InterestMIPen (2018)

General Information

Annualization Worksheet

Underpayment of estimated tax

Failure to pay

Late interest

Prior year tax

Date return filed, if different from original due date

Suppress penalties on return:

Nonrefundable credit

CIT business loss carryforward

Business income

12 months9 months

Subtractions

Additions

6 months3 months

Recapture of business credits

Information for Insurance Companies and Financial Institutions should be entered in Screen INSPen and Screen FIPen

1

2

3

4

5

6 7 8 9

10 11 12 13

14 15 16 17

18 19 20 21

22 23 24 25

26 27 28 29

MIPen MI21


Michigan AdjustmentsMIAdj (2018)

Adjustments

Additions

Subtractions

Interest and dividends derived from obligations other than Michigan


Royalty, interest, and other expenses paid to a non-UBG related party




Domestic production activities deduction (Force)


Member eliminations from business income

Income from production of oil and gas and/or minerals

Expenses from production of oil and gas and/or minerals

1

2

3

4

5

6

7

8

9

10

11

MIAdj MI22


Michigan Insurance Company Two Year ComparisonMIINS2Yr (2018)

Gross Direct Premiums

Disability Insurance Exemption

Credits

Taxes and Fees

Payments and Penalties

Recapture







Gross direct premiums from all lines of insurance carrier services received everywhere

Disability insurance premiums written in Michigan





Enter amounts from prior year Form 4905

Gross direct premiums written in Michigan

Retaliatory amount

Workers' disability supplemental benefit (WDSB) credit


Credit forward


Underpaid estimate penalty and interest from Form 4899



Overpayment credited from prior return

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

MIINS2Yr MI23


Michigan Net Operating LossMINOL (2018)

Net Operating Loss Carryover

(Net Operating Loss)

Net operating loss footnote

Tax Year NOL Utilized

2014

2013

2012

2017

2016

2015

(Acquired Loss)

Data share net operating loss carryovers to designated member

Preceding Prior Year

2011 10 11 12

13 14 15

16 17 18

19 20 21

22 23 24

25 26 27

28 29 30

31

32

MINOL MI24


Michigan Unitary Net Operating Loss CarryoverMIUNOL (2018)

Net Operating Loss Carryover

(Acquired Loss)

2015

2016

2017

2012

2013

2014

NOL UtilizedPrecedingTax Year

Net operating loss footnote

(Net Operating Loss)

FEIN

Member's name

Unit

Prior Year

2011

1

2

3

5 6 7

8 9 10

11 12 13

14 15 16

17 18 19

20 21 22

23 24 25

26

MIUNOL MI26


Michigan Corporate Income Tax ReturnMIGenS (2018)

General Information

General footnote

Date discontinued

NAICS code, if different from federal Screen 1120

Authorize treasury to discuss return with preparer, if different from federal Screen 1120

1 2

3

4

5

MIGenS MI27


Michigan Notice of Change or DiscontinuanceMICOA (2018)

Business Information

Discontinue Business

Change Tax Type

Other Business Changes

* If different from federal Screen 8822B or federal Screen Contact

Treat mailing address on Screen 1120 as

New business name

Old business name


Old mailing address*

New legal address*


Old legal address


New mailing address*


Discontinue all business tax types effective date

Sales tax

Use tax

Corporate income tax

Michigan business tax

Delete payroll/pension withholding tax

Motor fuel tax license

IFTA licenses

Tobacco products tax license

Business is open:

from

to

Correct federal employer identification number

Date on which part or all of the business was sold

Buyer's name

Buyer's address:


Old business name

New business name

Effective date to add or delete any tax types

1

2

3

4 5 6

7

8

9 10 11

12

13

14 15 16

17

18

19 20 21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38 39 40

MICOA MI28


Michigan Tax ProjectionMITPWC (2018)

Income Tax

Additions

Subtractions

Taxes and Credit

Payments

Income from the production of oil and gas, and/or minerals

Expenses from production of oil and gas, and/or minerals

Recapture of certain business tax credits *

Small business alternative credit *


2018 overpayment credited to 2019 (Force)

2019 estimated payments (Force)

Tax paid with request for extension *

Apportionment percentage

Apportioned income from non-unitary FTE

Available CIT business loss carryforward *

Tax liability after small business credit (Force)

Miscellaneous

Interest income derived from United States obligations

Dividends and royalties received from other than U.S. persons or foreign operating entities

Income from non-unitary FTEs

Miscellaneous

Royalty, interest, and other expenses paid to a related person

Carryback or carryover of a federal net operating loss *


Interest income and dividends from states other than Michigan

UBG total group eliminations

Gain/loss adjustment on sale of an eligible depreciable asset *

Miscellaneous


Federal taxable income from U.S. Form 1120

Print Tax Projection Worksheet

2019 items that will not default to 2018 are marked with an asterisk (*)

Corporate income tax before credits (Force)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

MITPWC MI29


Michigan Small Business Alternative CreditMICr (2018)

Form 4893 - Small Business Alternative Credit

Form 4894 - Ownership Information

Form 4895 - Adjusted Business Income Disqualifier

Form 4895 - Shareholder Income Disqualifier

Ownership information

Allowable credit percentage (Force)

PrecedingTax Period

5th

4th

3rd

2nd

1st

DateLoss Reported &

Allowable credit percentage for gross receipts reduction (Force)

Shareholder income disqualifier

Date

1st

2nd

3rd

4th

5th

Tax PeriodPreceding

AdjustedBusiness Losses Losses Used

Losses UsedBusiness LossesAdjusted

Credit ReceivedLoss Reported &

Credit Received

1

2

3

4 5 6 7

8 9 10 11

12 13 14 15

16 17 18 19

20 21 22 23

24

25 26 27 28

29 30 31 32

33 34 35 36

37 38 39 40

41 42 43 44

MICr MI30


Michigan Shareholders' Separately Stated ItemsMIKSep (2018)

Section A

AmountDescription

1 2

3 4

5 6

7 8

9 10

11 12

13 14

15 16

17 18

19 20

21 22

23 24

25 26

27 28

29 30

31 32

33 34

35 36

37 38

39 40

MIKSep MI31


Michigan Adjustments, Page 2MIAdj2 (2018)

Gross Receipts

Inclusions

Exclusions

Gross receipts (Force)

Receipts from sale of assets

Sale of products

Services performed

Gratuities stipulated on a bill

Sales tax collected on the sale of tangible personal property

Dividend and interest income

Gross commissions earned

Rents

Royalties

Professional services

Sales of scrap and other similar items

Client reimbursed expenses not obtained in an agency capacity

Gross proceeds from intercompany sales

Other receipts

Proceeds from sales by a principal

Amounts received as an agent on sole behalf

Amounts excluded from gross income of a foreign corporation

Amounts received by an advertising agency

Amounts received by a person that manages real property

Proceeds from the original issue of stock, equity instruments, or debt instruments

Refunds from returned merchandise

Cash and in-kind discounts

Trade discounts

Federal, state, or local tax refunds

Security deposits

Payment of the principal portion of loans

Value of property received in a like-kind exchange

Proceeds from a sale, transaction, exchange, involuntary conversion

Proceeds from an insurance policy

Proceeds from the taxpayer's transfer of an account receivable

Other exclusions

Receipts from the production of oil and gas

Number of months in CIT period (Force)

Eliminations from gross receipts1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

MIAdj2 MI32


Michigan Flow-Through EntityMIFTE (2018)

General Information

Sales

Gross Receipts and Income

Address

Tax year end

Percent of this entity owned by the taxpayer

Unitary relationship (Force)

Intercompany eliminations from Michigan sales

Total sales

Intercompany eliminations from total sales


Gross receipts applicable to tax period

Michigan sales

Distributive share of income before apportionment


Foreign country

Unit

FEIN

Name of entity

Files MBT return for the tax year of the taxpayer

Name of activity

1

2

4

5

7

8 9 10

1112

13

14

15

16

17

18

19

20

21

22

23

MIFTE MI33


Michigan Unitary Small Business Alternative CreditMIUCr (2018)

Form 4894 - Ownership Information

Ownership information

Unit

Member's name

FEIN

Annualization percentage

1

2

3

5

6

MIUCr MI34


Michigan Unitary Credit RecaptureMIUCr2 (2018)

Credit Recapture

MEGA advanced lithium ion battery pack credit

MEGA large scale battery credit

MEGA battery manufacturing facility credit

MBT historic preservation credit

Start-up business credit

SBT historic preservation credit

Anchor company payroll credit

Anchor company taxable value credit

MBT brownfield redevelopment credit

Film infrastructure credit

SBT "new" brownfield credit

MEGA federal contract credit

MEGA photovoltaic technology credit

MBT MEGA employment tax credit

Single Business Tax (SBT) investment tax credit

Michigan Business Tax (MBT) investment tax credit

Unit

Member's name

FEIN1

2

3

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

MIUCr2 MI35


Michigan Credit RecaptureMICr2 (2018)

Credit Recapture















SBT investment tax credit

MBT investment tax credit 1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

MICr2 MI36


Michigan Insurance Company PaymentsMIINSPmt (2018)

PaymentsPayments

4th payment

3rd payment

2nd payment

1st payment

Specific payments if unequal or not timely: Calculated Amount

5th payment

Amount PaidDate Paid

Treat calculated amounts as paid

Total, or


Paid with extension

1

2

3

4 5 6

7 8 9

10 11 12

13 14 15

16 17

18

MIINSPmt MI38


Michigan Insurance Company EstimatesMIINSEst (2018)

Overpayment Application

Estimates


Estimates

Amount to round up each estimate

2nd payment

1st payment

Amount to adjust current year liability (Code 2)

Amounts for next year's estimates (Code 5 or 9):

Form 4913 - declaration for next year

Overpayment to be applied (Code 5 or 8)

Application of current year overpayment

Number of estimates desired, if other than four

4th payment

3rd payment

3rd payment

4th payment

Next year estimates already paid:

1st payment

2nd payment

1

2

3

4

5

6

7

8

9

10

11

12

13

14

MIINSEst MI40


Michigan Credit RecaptureMICrS (2018)

Credit Recapture

MBT investment tax credit

SBT investment tax credit















1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

MICrS MI41


Michigan Insurance Company Tax ProjectionMIINSTPW (2018)

Gross Direct Premiums

Disability Insurance Exemption

Taxes and Credits

Payments

2018 overpayment credited to 2019 (Force)

2019 estimated payments (Force)

Tax paid with request for extension *

Workers' disability supplemental benefit (WDSB) credit *

Retaliatory amount *

Gross direct premiums written in Michigan





Disability insurance premiums written in Michigan

Gross direct premiums from all lines of insurance carrier services received everywhere

Michigan workers' compensation placement facility *

Michigan basic property insurance association *

Michigan automobile insurance placement facility *

Property and casualty guaranty association *

Michigan life and health insurance guaranty association *

Michigan examination fees *

Recapture *

2019 items that will not default to 2018 are marked with an asterisk (*)

Print Tax Projection Worksheet

Tax before credits (Force)

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

21

22

MIINSTPW MI44


Michigan EstimatesMIEst (2018)


Estimates

3rd payment

4th payment

Number of estimates desired, if other than four

Application of current year overpayment

Overpayment to be applied (Code 5 or 8)

Form 4913 - declaration for next year

Amounts for next year's estimates (Code 5 or 9):

Amount to adjust current year liability (Code 2)

1st payment

2nd payment

Amount to round up each estimate

Information for Insurance Companies and Financial Institutions should be entered in Screen INSEst and Screen FIEst

2nd payment

1st payment

Next year estimates already paid:

4th payment

3rd payment

1

2

3

4

5

6

7

8

9

10

11

12

13

14

MIEst MI47


Michigan Payments and ExtensionMIPmt (2018)

Payments

Extension

Extended due date

Balance due on extension (Force)

Mailing address, if different:

Address


Paid with extension


Total, or

Treat calculated amounts as paid

Date Paid Amount Paid

5th payment

Calculated AmountSpecific payments if unequal or not timely:

1st payment

2nd payment

3rd payment

4th payment

Payments for Insurance Companies and Financial Institutions should be entered in Screen INSPmt and Screen FIPmt

Tentative annual tax (Force)

1

2

3

4 5 6

7 8 9

10 11 12

13 14 15

16 17

18

19

20

21 22 23

24

25

MIPmt MI48


Michigan Insurance Company Penalties and InterestMIINSPen (2018)

General Information


General Information


3 months 6 months 9 months 12 months

Net tax liability

Suppress penalties on return:

Date return filed, if different from original due date

Prior year tax

Late interest

Failure to pay

Underpayment of estimated tax

1

2

3

4

5

6 7 8 9

MIINSPen MI49


MIGenC MI7 Michigan Corporate Income Tax Return MIGenC (2018)€¦ · MIAmend MI8 18,3,3 2018...

Documents

Transcript of MIGenC MI7 Michigan Corporate Income Tax Return MIGenC (2018)€¦ · MIAmend MI8 18,3,3 2018...