qbteachmt
Level 15
03-26-2021
03:34 PM
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It should be clarified that "conforming to Feds" does not = the first $10,200 UI is taxable, because that is poorly stated. There is a Fed exemption of up to $10,200 per person.
From: https://www.michigan.gov/leo/0,5863,7-336-94422_97241_89982_92608_63224_105247---,00.html
Unemployment benefits are taxable and must be reported on federal and state tax returns.
State Taxes on Unemployment Benefits: Unemployment compensation is subject to tax in Michigan. (Note: Interest and penalties for failure to pay estimated tax on unemployment benefits received in 2020 are waived.)
It's amazing what you find when you use a web search, such as google:
MI UI taxable income reporting
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