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Michigan Business Tax Estimator
Please read the information page before using the estimator.

DATA ENTRY  Please use Tab key or Mouse to move to the next field. 
 
Basic Taxpayer Information From SBT Return C-8000 Form
 
Tax Year  
C-8000, line 1, Beginning Date, Month / Year /
C-8000, line 1, Ending Date, Month / Year /
C-8000, line 9, Organization Type
C-8000, line 10, Gross Receipts

New Exceptions to Definition of Gross Receipts
For a professional employer organization, compensation, payroll tax, and workers' compensation of personnel supplied to customers
For an individual, receipts from personal investments and from the disposition of property held for personal use, if included in gross receipts above
The principal balance of loans transferred or sold by a residential mortgage company
Certain receipts of a motor vehicle sales finance company or a dealer or broker of securities or commodities
Amounts received by auto dealers to subsidize floor plan interest expense

Are you a MultiState Firm?  
C-8000H, line 13, Michigan Sales
C-8000H, line 14, Total Sales
C-8000H, line 17, Michigan Special Formula
C-8000H, line 18, Total Special Formula
Are you a financial institution?  
 
Financial Institution Taxpayers Tax Form
 
Equity Capital at the close of 2007
Goodwill at the close of 2007
2007 average daily book value of U.S. and Michigan obligations
Equity Capital at the close of 2006
Goodwill at the close of 2006
2006 average daily book value of U.S. and Michigan obligations
Equity Capital at the close of 2005
Goodwill at the close of 2005
2005 average daily book value of U.S. and Michigan obligations
Equity Capital at the close of 2004
Goodwill at the close of 2004
2004 average daily book value of U.S. and Michigan obligations
Equity Capital at the close of 2003
Goodwill at the close of 2003
2003 average daily book value of U.S. and Michigan obligations
Michigan Gross Business Factor (Not available from any prior forms) For example, enter 61.3925% as 0.613925.
 
Business Income Tax Base Form
 
C-8000, line 11, Business Income

Additions to Business Income
C-8000, line 23, Interest and dividends from other states' obligation or securities
C-8000, lines 18 and 19, Taxes imposed on or measured by income and MBT (SBT)
C-8000, line 22, Net operating loss carryover or carryback
Royalty, interest, or other intangibles expenses paid to related parties not part of the unitary group
C-8000, line 25, Losses from partnerships

Subtractions from Business Income
Portion of Business Income that is NOT derived from business activity
Foreign dividend and royalty income received
Interest income received from U.S. obligations
Net earnings from self-employment derived from a sole proprietorship, partnership, or limited liability company, as defined in IRC section 1402
C-8000, line 30, Income from partnerships
Available MBT Losses incurred in 2008

 
Modified Gross Receipts Tax Base Form—Subtractions from Gross Receipts

Purchases from Other Firms:
Inventory acquired during the tax year. For a dealer or broker of securities or commodities, include the cost of securities and commodities purchased.
C-8000 ITC, line 11, Cost paid or accrued of all depreciable real and personal property acquired during the tax year
Materials and supplies purchased, if not reported on the two lines above

Other Subtractions:
For a staffing company that is not a professional employer organization, compensation, payroll tax, and workers' compensation of personnel supplied to customers. Do not enter amounts entered in the first "New Exceptions to Definition of Gross Receipts", above.
For construction contractors, payments to subcontractors
Dealers of new motor vehicles (NMV): floor plan interest expense for NMV
Unused SBT business loss accruing from 2006 or 2007
For motion picture owners, film rental or royalty payments.

 
Non-Refundable Credits Form
 
Available unused non-refundable SBT credits
Michigan Compensation for the Michigan Compensation Credit
C-8000ITC, line 10, Total Capital Investments
Michigan R&D Expenses

Alternate Credit Data Entry Form
Are you eligible for the Alternate Credit?  
C-8000C, line 9, Adjusted Business Income
C-8000KC, column K, greatest amount for any one shareholder or officer
C-8000KC, column M, or C-8000KP, column E, greatest amount for any one owner or officer

C-8000C, line 33a, Public Contributions
Museum and Zoo Contributions. No credit if $50,000 or less.
Community Foundation contributions, C-8000C, line 29a, plus education foundations
C-8000C, line 31a, Homeless Shelter/Food Bank donations
Non-refundable credits not calculated in the estimator. See list

Entrepreneurial Credit Data Entry Form
Are you eligible for the Entrepreneurial Credit?  
Payroll for eligible increased jobs
Total Michigan payroll

Dealers of new motor vehicles (NMV): amounts paid to acquire NMV inventory
C-8000MC, line 93, Brownfield Credit
For a distributor or manufacturer that originates a bottle deposit, expenses incurred to comply with the bottle deposit law
 
Refundable Credits Form

Industrial and Commercial Personal Property Data Entry Form
Do you know the amount of State Education Tax (SET) and Local School Operating Tax Paid on Personal Property?  
State Education Tax Paid on Industrial Personal Property Before Exemption
Local School District Operating Tax Paid on Industrial Personal Property Before Exemption
Total Industrial Personal Property Taxes Paid Before Exemption
Local School District Operating Tax Paid on Commercial Personal Property Before Exemption
Total Commercial Personal Property Taxes Paid Before Exemption

Telephone Company Personal Property Taxes Paid
Natural Gas Pipeline Property Taxes Paid
Refundable credits not calculated in the estimator. See list

  

 


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