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Depositing and Reporting Withheld Taxes: Michigan

Depositing and Reporting Withheld Taxes requirements for other states

Federal law and guidance on this subject should be reviewed together with this section.

Author: Vicki M. Lambert, The Payroll Advisor

Summary

  • An employer's filing status depends on the amount of it's total sales, use and withholding tax liability in a calendar year. Returns and payment are due on or before the 20th of the month following the tax period, whether monthly or quarterly. Accelerated withholding tax payments must be made according to the same schedule as the employer's federal withholding payments. Annual filers must deposit by February 28th of the following year. Penalties are imposed for noncompliance. See Deposit and Filing Frequencies and Thresholds; Deposit and Filing Due Dates; and Penalties.
  • Certain employers are required to deposit taxes via electronic funds transfer (EFT). See Electronic Deposit Requirements.
  • All employers must file an annual reconciliation. See Annual Reconciliation Forms and Filing Deadlines
  • Employers must file Forms W-2 electronically or on magnetic media by the annual due date. See Form W-2 Filing Requirements.
  • Localities including Detroit, Grand Rapids and Lansing have requirements pertaining to income tax withholding. See Local Requirements.