Michigan recently updated its Withholding for Pension Administrators page with the amount of qualifying pension and retirement benefits from private sources that may be deducted from Michigan income. For single/married filing separate filers, up to $53,759 may be deducted and $107,517 may be deducted for married filers filing joint for the 2020 tax year. Previously the deductible amounts were $52,808 for single/married filing separate filers and $105,614 for married filing jointly.
To view the full page, click here.
