?Taxpayers can be United with Outstanding Refunds, Avoid Interest and Penalties
Treasury Logo
*FOR IMMEDIATE RELEASE
**April 27, 2023*
*Contact:?Ron Leix <
[email protected]>, Treasury, 517-335-2167*
Treasury Offers Help to Taxpayers Who Missed Tax Filing Deadline [ [link removed] ]
"?Taxpayers can be United with Outstanding Refunds,
Avoid Interest and Penalties"
LANSING, Mich. ? Michigan taxpayers who missed the April 18 state individual income tax filing deadline last week have options for filing a late return, according to the Michigan Department of Treasury (Treasury).
"Taxpayers who have an outstanding refund shouldn?t hesitate to file a return. We want to unite you with your money," said Glenn White, who oversees Treasury?s Revenue Services programs. "If you have an outstanding tax debt and cannot make full payment, we will work with you on payment options. Our goal is to help taxpayers limit interest charges and late payment penalties."
Treasury recommends past-due tax filers to consider:
* *Filing a return to claim an outstanding refund.*?Taxpayers risk losing their state income tax refund if they don't file a return within four years from the due date of the original return. Go to?www.michigan.gov/mifastfile [ [link removed] ]?to learn more about e-filing. ?
* *Filing a return to avoid interest and penalties.*?File past due returns and pay now to limit?interest charges and late payment penalties [ [link removed] ]. Failure to pay could affect a taxpayer's credit score and the ability to obtain loans. ?
* *Paying as much tax as possible.*?If taxpayers owe outstanding taxes and can't pay in full, they should pay as much as they can when they file their tax returns. Payments can be made using?Michigan's e-Payments service [ [link removed] ]. When mailing checks, carefully follow tax form instructions. Treasury will work with taxpayers who cannot pay the full amount of tax they owe.
Taxpayers who receive a final tax bill and are unable to pay the entire amount owed can consider:
* *Requesting a penalty waiver.?*Penalty may be waived [ [link removed] ]?on an assessment if a taxpayer can show reasonable cause for their failure to pay on time. Reasonable cause includes serious illness, a fire or natural disaster, or criminal acts against you. Documentation should be submitted to substantiate the reason for a penalty waiver request. ?
* *Making monthly payments through an installment agreement.*?For Installment Agreements lasting for 48 months or less, taxpayers must complete, sign and return the?"Installment Agreement"?(Form 990 [ [link removed] ]). The agreement requires a proposed payment amount that will be reviewed for approval by Treasury.? ?
* *Filing an Offer in Compromise application.*?An Offer in Compromise is a request by a taxpayer for the Michigan Department of Treasury to compromise an assessed tax liability for less than the full amount. For more information or an application, visit?www.michigan.gov/oic [ [link removed] ].
The last three options for final tax bills should be filed separately from the state income tax return.
*Questions?*
Michigan taxpayers who have questions about or need help with their individual income tax returns or refunds can digitally connect with the state Treasury Department through?its?Treasury eServices [ [link removed] ]?platform.
To learn more about Michigan's individual income tax or to download forms, go to?www.michigan.gov/incometax [ [link removed] ]. For more information from Treasury, go to?Michigan.gov/Treasury [ [link removed] ]?or follow?@MiTreasury [ [link removed] ]?on Twitter.
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This service is provided to you at no charge by the Michigan Department of Treasury.
Lansing, Michigan 48922 | 517-335-7508 | Contact Us [ [link removed] ]
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