What Is The High Income Threshold For 2024 In Michigan. On january 1, 2024, the income tax rate in michigan will return to 4.25%. Review the latest income tax rates, thresholds and personal allowances in michigan which are used to calculate salary after tax when factoring in social security contributions, pension.

Michigan’s state eitc was introduced in 2006, at 20% of the federal eitc, but now stands at just 6%. How is income taxed in michigan?