Get Mi Dot 4594 2023-2025

Filling out the MI DoT 4594 form for the Michigan Farmland Preservation Tax Credit can seem daunting. This guide provides clear, step-by-step instructions to help users complete the form efficiently and accurately.

Follow the steps to fill out the MI DoT 4594 online.

1. Press the 'Get Form' button to obtain the form and open it in your chosen editor.
2. Enter the tax year for the return in the format MM-DD-YYYY. Indicate whether this return is for the calendar year 2023 or for the specific tax year beginning and ending dates.
3. Provide the taxpayer name clearly, followed by the Federal Employer Identification Number (FEIN) or Taxpayer Registration Number (TR No.) and the Doing Business As (DBA) name if applicable.
4. Choose the organization type by checking the appropriate box for Fiduciary, S Corporation / LLC S Corporation, or C Corporation / LLC C Corporation.
5. Complete your street address, city, state, ZIP/Postal code, and country code.
6. Enter the NAICS code relevant to your business. If unsure, refer to the U.S. Census Bureau's list of NAICS codes.
7. Input the principal business activity and the business start date in MM-DD-YYYY format.
8. If the business has been discontinued, provide the effective date.
9. Proceed to Part 1: Gross Receipts Qualification. Enter relevant figures for the tax years preceding the claim year, property taxes on enrolled land, and agricultural gross receipts, following the form's calculations.
10. For Part 2, allocate taxes that can be claimed for credit based on each agreement. Include details such as agreement number, county code, contract number, and effective dates, ensuring you maintain a record of property tax statements.
11. In Part 3, calculate taxes that cannot be claimed for credit, ensuring to complete the figures for lines 24 through 28.
12. Finally, in Part 4, discuss the Farmland Preservation Tax Credit amount calculated.
13. Once all sections are completed, review the form for accuracy, save your changes, and choose to download, print, or share the filled form as needed.

Start completing your MI DoT 4594 form online now for a smooth filing experience.