Rd 108 2002 form-2025

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Form RD-108/108B is a tax return used by a sole proprietor, corporation, partnership, K-1 recipient or other fiduciary to file and pay the earnings tax of 1% due on net profits. Forms RD-108 and RD-108B are required to be filed even if there is a loss.
The RD-108 form is a combined tax collection, vehicle title and registration application, and statement of vehicle sale. Each RD-108 must be typed and completed in full, with the exception of the BFS-4 Temporary Registration number. The Department will not accept handwritten RD-108 documents.
a) For late model vehicles, a salvage title is required if the estimated cost of repairs is 75% or more but less than 91% of the pre-damaged cash value. b) For late model vehicles, a scrap title is required if the estimated cost of repairs is 91% or more of the pre-damaged cash value.
Affidavit must be filed by the new owner with the assessor for the city or township where the property is located within 45 days of the transfer. The information on this form is NOT CONFIDENTIAL.
The Michigan Department of Treasury recognizes the following relationships for the vehicle use tax exemption: Spouse. Parent (natural or adoptive) Child (natural or adopted) Sibling. Grandparent. Grandchild. Stepparent. Stepchild.
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