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Confidently handle the purchase or sale of a Michigan business. Understand key tax considerations and how to address specialized concerns like intellectual property and immigration issues. Includes multiple forms and checklists.
With this book, you will:
- Successfully pursue due diligence with a detailed checklist
- Handle “deal-killer” issues, such as environmental concerns or employee benefit and retirement plans
- Get comprehensive annotated asset and stock/membership purchase agreements that discuss provisions you should consider including
- Know the special considerations for purchasing a financially distressed business
PRINT BOOK
800 pages, 1-volume, 7×10 paperback. Includes a download of drafted forms. Current to 11/01/18. Next update August 2022. Subscription service available.
If you live in the state of Michigan or earn wages in the state, it’s likely you will have to pay Michigan income tax. And with that, comes completing and filing Michigan tax forms. Read on to learn more about common Michigan income tax forms, including MI 1040…
Where Do I Find State of Michigan Tax Forms?
If you are trying to locate, download, or print state of Michigan tax forms, you can do so on the Michigan Department of Treasury website. Commonly used Michigan income tax forms are also available at Michigan Department of Treasury offices, most public libraries, Northern Michigan post offices, and Michigan Department of Health and Human Services (MDHHS) county offices.
Common Michigan Income Tax Forms & Instructions
The most common Michigan income tax form is the MI-1040. This form is used by Michigan residents who file an individual income tax return.
Here is a comprehensive list of Michigan tax forms, along with instructions:
| Form Number | Form Name | Instructions |
| MI-1040 | Individual Income Tax Return | MI-1040 Book with forms MI-1040 Book – Instructions only (no forms) |
| MI-1040CR | Homestead Property Tax Credit Claim | MI-1040CR Instructions |
| 4884 | Pension Schedule | Pension Schedule Instructions |
| 4884 Worksheet | Form 4884 Section D Worksheet | 4884 Worksheet Instructions |
| Schedule W | Withholding Tax Schedule | Instructions included on form |
| MI-1040CR-2 | Homestead Property Tax Credit Claim for Veterans and Blind People | Homestead Property Tax Credit Claim for Veterans and Blind People Instruction Book |
| MI-1040CR-7 | Home Heating Credit Claim | Home Heating Credit Claim Instruction Book |
| 4976 | Home Heating Credit Claim Supplemental | Instructions included on form |
| Schedule NR | Nonresident and Part-year Resident Schedule | Instructions included on form |
| Schedule AMD | Amended Return Explanation of Changes | Instructions included on form |
(Source: Michigan Department of Treasury)
More Help With State and Federal Taxes
It’s important to avoid state tax issues and potential financial liability. If you need help navigating your state tax obligations, get help with H&R Block Virtual! With this service, we’ll match you with a tax pro with Michigan tax expertise. Then, you will upload your tax documents, and our tax pros will do the rest! We can help with your MI taxes, including federal deductions for paying state taxes.
Prefer a different way to file? No problem – you can find Michigan state tax expertise with all of our ways to file taxes.
Michigan bills of sale are forms used to document the sale of vehicles, boats, firearms, or other personal items in the state of Michigan. While bills of sale are not legally required for proof of purchase in Michigan, it’s still highly recommended you create one when selling high value items (such as a car) to protect yourself in the event of a legal dispute. In some cases, your Michigan bill of sale will need to be notarized before it is signed by the buyer and seller and made official.
1. Michigan Bill of Sale Requirements
In Michigan, vehicle and vessel registrations are processed by the Secretary of State (SOS) office, and they do not legally require registrants to submit a bill of sale. However, it is always a good idea for the seller to provide the buyer with a bill of sale, since it can be used as a record of the purchase transaction, and it is good to have such information in your personal records.
2. Michigan Vehicle Bill of Sale
Vehicle bills of sale in Michigan do not require notarization. However, whether your document is hand-drafted or pre-printed, it should contain the following criteria:
- The names, contact information, and signatures of the buyer and the seller
- Warranty information (if applicable)
- The vehicle identification number or VIN
- The make, model, and year
- The purchase price
- The sale date
- Lien information (if applicable)
- The county where the transaction took place
Additional Considerations
Language Requirements
SOS documents, including bills of sale, are not prepared in multiple languages, though extensive interpreter services are available for all those that need them in order to complete the registration and titling processes.
Number of Copies
You may make a copy of your bill of sale for each party, though it is not necessary to file the original with the state (unless it is replacing the registration or title of a vessel).
After Purchasing a Vehicle
In addition to drafting and signing your bill of sale, there are many other documents to complete and submit in order to register a vehicle in Michigan.
Description
Create a personalized Michigan personal real estate bill from the sale. The Michigan personal real estate bill is state-specific, editable and printable. The Michigan Personal Property Bill of Sale is used to transfer the ownership of personal property from a seller to a buyer.