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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Thursday, December 14, 2006

Michigan Tax Information For Tax Year 2006

*Personal exemption allowance is $3,300
*Tax rate is 3.9%
*Special exemption allowance is $2,100
*Pension deductions are $40,920 for single and $81,840 for joint filers
*Dividends, interest, and capital gains deductions for senior citizens are $9,128 for single and $18,255 for joint filers

Michigan Treasury

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