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MI Form 8812: What You Should Know

You must have less than three qualifying children but more than 2,500 in income from qualifying sources the year you file your tax return (unless you make 50,000 or less). Earned Income Credit Schedule 481 — Self-Employed If the total of all amounts you claimed on your tax return for 2024 was: your earned income amount of 1,000 or more And you are married, a spouse had no qualifying children or not a resident of Michigan, you may claim up to  500 in credit. In 2018, the Earned Income Credit is 0, the credit for nonresident spouse is 500 and the child tax credit is 400. Qualifying for the Additional Child Tax Credit (Form 8797) If you had no eligible dependent children filing a tax return for the 2024 tax year, and you did not claim any itemized deductions, you can claim your additional child tax credit for 2024 through 2018. If you filed a tax return for the 2024 tax year and claimed itemized deductions, you can claim your additional child tax credit for 2024 using your adjusted gross income amount and your state and local income tax deductions. State and Local Income Tax Deduction Schedule (Form MI-48) (2017 only) If you filed a tax return for Michigan in 2017, or used an online Michigan Tax Assistant, you may receive a mail notice about your state and local income tax deductions for 2017. The amount of state and local income tax deduction is shown in the column labeled “Calculating Michigan State and Local Taxes on this Return.” Form MI-48 will automatically open when you receive a notice and your Michigan state and local income tax returns were filed for the year. The tax deduction amounts shown do not mean that you owe or will owe tax. If you have more than one income tax return, or you're filing on behalf of an estate, there is no separate deduction account for each return. If, for example, your spouse has income in Michigan, the credit for you is calculated as if your federal tax liability to you in 2024 was the same as your total income to you in Michigan for 2017. The credit is calculated using the combined Michigan/non-Michigan income tax withholding.

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