Form Mi-1040es - Michigan Estimated Income Tax For Individuals

WORKSHEET INSTRUCTIONS

special exemptions allowed on your Michigan return. Enter the

You will need your 2001 Michigan and federal income tax returns

amount of your exemption allowance, not the number of exemptions.

for reference (even if you have not completed them yet).

Estimate your 2002 income. The Michigan income tax return begins

If you review the worksheet and still do not know if you must file

estimates, or if you are not sure how much to pay, call Taxpayer

with federal adjusted gross income and allows for additions to and

Assistance toll-free at 1-800-487-7000, weekdays between 8 a.m.

subtractions from adjusted gross income. Refer to form MI-1040,

Schedule 1 for allowable additions and subtractions. Enter your

and 5 p.m. Deaf, hearing or speech impaired persons should call

estimated income subject to tax on line 1.

517-373-9419 (TTY).

Visit our Treasury web site at:

To determine your exemption allowance for line 2, see your 2001

MI-1040 return. You may include all the exemptions allowed on

your federal return (1040 or 1040A, line 6d), plus any Michigan

ESTIMATED TAX COMPUTATION WORKSHEET

Keep for Your Records

Estimated 2002 income subject to tax (see worksheet instructions) .................................................................

Exemption allowance amount (see worksheet instructions) .............................................................................

Balance. Subtract line 2 from line 1 ..................................................................................................................

Estimated tax. Multiply line 3 by 4.1% (.041) ..................................................................................................

All estimated credits ....................................................................................................

Tax you expect to be withheld from your earnings .....................................................

Total deductions. Add lines 5 and 6 ..................................................................................................................

Estimated tax due. Subtract line 7 from line 4 ..................................................................................................

Estimated payment due. Divide the amount on line 8 by 4, or by the number of

estimated vouchers to be filed (see instructions). Enter here and on each voucher ......................................... .

NOTE: Apply your 2001 overpayment to your first voucher. Any unused credit must

then be applied to your second voucher and subsequent vouchers, until the entire credit is used.

PAYMENT RECORD

1st Installment

3rd Installment

4th Installment

2nd Installment

Tax Paid

Date