0515), Page 1 2015 MICHIGAN Nonresident and PartYear Resident Schedule Issued under authority of Public Act 281 of 1967, as amended-2025

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Effective January 1, 2024, the federal estate and gift tax exemption amount increased from $12.92 million to $13.61 million per individual (a combined $27.22 million for a married couple), representing an increase of $690,000.
The small business taxpayer personal property exemption provides a complete exemption from personal property tax for industrial or commercial personal property when the combined true cash value of all industrial personal property and commercial personal property owned by, leased by or in the possession of the owner or
These exemptions include: $5,400 personal exemption . $5,400 for each dependent . $5,400 if you were the parent of a stillborn child delivered in 2023 and have a certificate of stillbirth from the Michigan Department of Health and Human Services .
The exemption amount is $5,600 per year times the number of personal and dependency exemptions allowed under Part 1 of the Michigan Income Tax Act.
For the 2023 income tax returns, the individual income tax rate for Michigan taxpayers is 4.05 percent, and the personal exemption is $5,400 for each taxpayer and dependent. An additional personal exemption is available if you are the parent of a stillborn child delivered in 2023.
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On January 1, 2024, the income tax rate in Michigan will return to 4.25%.
Nonresidents and part-year residents must pay income tax to Michigan on all income earned in Michigan or attributable to Michigan.
A Michigan Part-Year Resident is an individual whose permanent home was moved into or out of the state during the tax year. A Michigan Nonresident is an individual who is neither a resident, or a part-year resident.

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