Form 807 - Michigan Composite Individual Income Tax Return - 2014 Page 7
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92014 807, Page 7
• A Michigan Schedule of Apportionment (Form MI-1040H).
be the amount from Schedule A, Schedule of Participants,
• Completed
Column 2.
Schedule
A,
Schedule
of
Participants
• The FTE’s sales that have been sourced to Michigan, and the
and sub-schedules for participants that are other FTEs.
FTE’s total sales everywhere.
• Completed Schedule B, Schedule of Nonparticipants.
• That member’s share of the personal exemption claimed as
• Completed Schedule C, Schedule of Michigan Resident
part of line 47 of the composite return.
Members.
The FTE may use any method to report the necessary
• A statement signed by an authorized officer or general
information to its members so long as it conveys the
partner certifying that each participant has been informed of
information listed above. Treasury recommends that the FTE
the terms and conditions of this program.
provide the information to its members as a supplemental
• A copy of Form 4, if applicable.
attachment to the federal Schedule K-1, which will provide the
participant with the information necessary to file a MI-1040 if
Schedules
the participant has other Michigan-sourced income.
Schedule A, Schedule of Participants:
For more information on reporting requirements to nonresident
Complete this schedule for participating nonresident members.
members, visit
Do not enter withholding that has been claimed on any other
Requesting an Extension
Michigan composite return or that has been refunded on an
Annual Flow-Through Withholding Reconciliation Return
The filer may request an extension of time to file by sending
(Form 4918).
payment of the estimated annual liability not satisfied
For each participating intermediate FTE included on Schedule
by withholding payments to Treasury with a copy of the
A, attach a separate sub-schedule identifying the members of
Application for Extension of Time to File Michigan Tax Returns
that intermediate FTE whose distributive shares are included
(Form 4). A separate Michigan extension must be filed even if
on Schedule A. Each intermediate FTE sub-schedule must
the company files a federal extension. An extension of time to
include:
file is NOT an extension of time to pay.
• The intermediate FTE’s name and FEIN.
When completing the extension form, check “Fiduciary Tax
• The intermediate FTE’s members (nonresident individuals
(includes Composite Filers)” in box 1, and use the company’s
and trusts) name, address, account number, distributive
name and Federal Employer Identification Number (FEIN) to
share of Michigan income, and share of withholding.
ensure the payment is property credited to the account.
When the composite return is filed, attach a copy of the
If the FTE filing this return does not know the above
extension application.
information down to the ultimate members of an intermediate
FTE participant, then that intermediate FTE member may not
Amended Returns
participate in this composite filing.
To amend a current or prior year annual return, complete the
Use additional copies of Schedule A as needed. Subtotal each
Form 807 that is applicable for that year and write the word
schedule and include a grand total of Columns 1, 2, and 3b on
“AMENDED” across the top of the form. Include a statement
the first page of the schedule. Carry the grand total of Column
to explain the reason(s) for the change. Include all schedules
1 to line 16. Column 2 should reconcile to line 21. Carry the
filed with the original return even if not amending that schedule.
grand total of line 3b to line 23.
Enter the figures on the amended return as they should be.
Schedule B, Schedule of Nonparticipants: Complete this
Do not include a copy of the original return with the amended
schedule for all members, other than Michigan residents,
return.
who did not participate on Schedule A. The income of C
Signing Return/Correspondence
corporation members reported here is not the amount used to
compute CIT liability and is for reconciliation purposes of this
By signing Form 807, the signing partner or officer declares
return only. Use additional copies of Schedule B as needed.
that the filer has power of attorney from each participant to
Subtotal each schedule and include a grand total of Columns 1
file a composite return on his or her behalf. Treasury will mail
and 2b on the first page of the schedule. Carry the grand total
refund checks, assessments and all correspondence to the filing
of Column 1 to line 15.
company at the address indicated on the return. The filing
Schedule C, Schedule of Michigan Resident Members:
company must agree to be responsible for the payment of any
Complete this schedule for Michigan resident members only.
additional tax, interest and penalties as finally determined.
A Michigan resident may not participate on Schedule A. Use
Issues involving the tax liability reported on a composite
additional copies of Schedule C as needed. Flow-through
return will be resolved with the filing company. In unusual
withholding (FTW) is not required for Michigan residents.
circumstances, Treasury may contact the participants.
Subtotal each schedule and include a grand total of Columns 1
and 2b on the first page of the schedule. Carry the grand total
Attachments
of Column 1 to line 14.
Attach the following items to the composite return:
Tiered Structures: In some cases, the payer on Schedule A,
• A copy of the U.S. Form 1065 (5 pages) or U.S. Form
B, or C might not be the entity filing this return; if the filer is
1120S (4 pages).
part of a tiered structure and the source FTE paid withholding
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