Get Mi Form 5082 2016-2025

The MI Form 5082 is used to amend the annual return for sales, use, and withholding taxes in the state of Michigan. This guide will provide you with clear, step-by-step instructions to successfully complete the form online, making the process straightforward for all users.

Follow the steps to complete the MI Form 5082 online

1. Select the ‘Get Form’ button to acquire the MI Form 5082 and open it in your preferred editor.
2. Enter the taxpayer’s business name in the designated field.
3. Input the business account number, which may be either the Federal Employer Identification Number (FEIN) or the Treasury number.
4. Specify the tax type that is being amended from the available options.
5. If applicable, provide an explanation for the reason code labeled as 'Other'.
6. In Part 1, complete the sales and use tax section by entering the total gross sales for the tax year in the first field.
7. Complete fields for rentals of tangible property and accommodations, and telecommunication services as appropriate.
8. Calculate the total of lines 1, 2, and 3 and enter the amount in line 4.
9. List allowable deductions in fields 5a through 5l, providing amounts for each applicable exemption.
10. Sum the deductions from lines 5a to 5l, and enter the total on line 5m.
11. Subtract line 5m from line 4 and provide the result in line 6, which indicates the taxable balance.
12. Multiply the figure in line 6 by 6% (0.06) and record that number on line 7 as the gross tax due.
13. If any tax was collected in excess of the amount on line 7, input that amount on line 8.
14. Add lines 7 and 8, and document the total on line 9.
15. Enter the total discount allowed in line 10 based on instructions for calculation.
16. Calculate the total tax due by subtracting line 10 from line 9 and input that result in line 11.
17. Input any tax payments and credits received in the current year after discounts in line 12.
18. Fill out Part 2 by detailing purchases on which no tax was paid in line 13.
19. Calculate and record the use tax for these purchases multiplied by 6% in line 14.
20. Complete the use tax paid on untaxed purchases in line 15.
21. In Part 3, include gross Michigan payroll and total number of W-2 and 1099 forms in the respective fields.
22. Document the total Michigan income tax withheld per W-2 and 1099 forms in line 18, followed by line 19 for total tax withholding paid during the tax year.
23. In Part 4, provide information regarding any overpayments in line 20.
24. Calculate the total sales, use, and withholding taxes due in line 21.
25. Gather information about payments made with the original return in line 22.
26. Total sales, use, and withholding taxes paid should be calculated in line 23.
27. Determine if there is an overpayment or balance due based on the calculations in lines 24 through 27.
28. Include any penalties and interest paid with the return in lines 28 and 29.
29. Calculate the total payment due in line 30.
30. Complete the signature section, ensuring that all necessary individuals sign and provide their information.
31. Once all fields are filled, save your changes, download if needed, and print or share the completed form.

Begin filling out the MI Form 5082 online today for efficient management of your tax returns.