Income Tax Rate 2024 Michigan. Michigan state tax quick facts. Why did the income tax rate only change for tax year 2023?
Individuals and fiduciaries subject to tax under part 1 of the income tax act, mcl 206.1 et seq., are subject to tax at the rate provided under section. Thus, the tax rate applicable to all individuals and fiduciaries for the 2023 tax year is 4.05%.
