Form 4918 - Michigan Annual Flow-Through Withholding Reconciliation Return - 2014 Page 9
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11• The sum of the amounts listed in column C of the Flow-
through entities, enter as a positive number the amount of
personal exemption claimed on individuals. A flow-through
Through Withholding Opt-Out Schedule (Form 4920), if the
flow-through entity received an exemption certificate from
entity may deduct the same proportion of the total amount
one or more members. Include with this filing a completed
of personal and dependency exemptions that its nonresident
Form 4920. Retain the exemption certificates received by the
individual members would be entitled to deduct on a Michigan
flow-through entity for your records.
Individual Income Tax Return (MI-1040). Please note that these
• This entity’s allocable share of income from a source flow-
exemptions should only be taken one time throughout multiple
levels of income in a tiered structure situation.
through entity that has a valid election for the current year
to file Michigan Business Tax (MBT).
The amount of personal exemption available must be deducted
after allocation or apportionment. Therefore, if the flow-
Line 8B: Enter as a positive number, the sum of the following:
through entity filing this form withholds on any individual
• The amount of the distributive share income reported on line
who will report income using combined apportionment
7B from the flow-through entity filing this return and from a
for unitary flow-through entities, leave line 12B blank. This
source flow-through entity that is allocated to members that
amount is calculated using the instructions to Form 4919. The
are both individuals and Michigan residents, plus,
result is then brought into Form 4918 on line 14B.
• Income received by the filer as a distributive share from
Line 13A: Add lines 10 and 11. This is total net distributive
a source flow-through entity to the extent that income is
income after apportionment but before application of the
allocated to nonresident individual members, unless the
unitary apportionment factor for flow-through entities that are
source flow-through entity will apply the same combined
unitary with the CIT taxpayer.
apportionment factor which will be used by the filer of this
Line 13B: Add lines 10 and 11 and subtract line 12. If less
form.
than zero, enter zero. This is total net distributive income after
Line 9: Subtract line 8A from line 7A and subtract line 8B
apportionment, less allowable personal exemptions.
from line 7B. This line represents the net distributive income
Line 14A: If the flow-through entity is unitary with the CIT
subject to withholding which will be apportioned using the
taxpayer, the flow-through entity must complete Form 4919.
filer’s apportionment factor.
Enter on this line the amount entered on line 5 of Form 4919
Line 10A: If unitary with a CIT taxpayer, leave line 10A blank.
plus any amount reported on line 11A of Form 4918. Include a
This amount is calculated on Form 4919 and brought into Form
completed Form 4919 with this Annual Reconciliation. If the
4918 on line 14.
flow-through entity is not unitary with a CIT taxpayer, leave
Line 10B: If the flow-through entity filing this form withholds
line 14A blank.
on an individual who will report income using combined
Line 14B: If the flow-through entity filing this form withholds
apportionment for unitary flow-through entities, leave line 10B
on an individual who will report income using combined
blank. This amount is calculated using Form 4919 and brought
apportionment for unitary flow-through entities, the flow-
into Form 4918 on line 14.
through entity must complete Form 4919. Enter on this line
Line 11A: Enter on this line, apportioned or allocated income
the amount entered on line 5 of Form 4919 plus any amount
received as a distributive share from a source flow-through
reported on line 11B of Form 4918 and minus the entire
entity, to the extent that the income was subtracted on
amount of personal exemption claimed on individuals. If the
flow-through entity must complete Form 4919, line 12B of the
line 8A. The amount entered on this line may not be greater
than the amounts entered in Part 5, line 30B, to the extent the
4918 must be blank. Include a completed Form 4919 with this
amounts entered there were withheld by a source on behalf of
Annual Reconciliation.
a C Corporation or other flow-through member of a the flow-
If the flow-through entity does not withhold on an individual
through entity filing this form.
who will report income using combined apportionment for
unitary flow-through entities, leave line 14B blank.
Line 11B: Enter on this line, to the extent that the income
was subtracted on line 8B, apportioned or allocated income
For a further explanation of what constitutes a unitary
received as a distributive share from a source flow-through
relationship, see the instructions to Form 4919.
entity to the extent the distributive share income is attributable
Line 16A: If the flow-through entity is not unitary with the CIT
to members that are non-resident individuals and the source
taxpayer, multiply line 15A by line 13A. If the flow-through
flow-through entity did not apply the same combined
apportionment factor as the filer of this form. This process of
entity is unitary with the CIT taxpayer, multiply line 15A by
line 14A. If less than zero, enter zero. The sum of all of the
subtraction and addition preserves the source entity’s sales
amounts entered on line 28B may be equal or greater (when line
apportionment factor as applied to the distributive share
income received by the filer from the source entity. The amount
26 is greater than zero) than the amount entered on this line.
entered on this line may not be greater than the amounts
Line 16B: If the flow-through entity does not withhold
entered in Part 5, line 30B, to the extent the amounts entered
on an individual who will report income using combined
there were withheld by a source on behalf of a non-resident
apportionment for unitary flow-through entities, multiply
individual member of a the flow-through entity filing this form.
line 15B by line 13B. If the flow-through entity withholds
Line 12B: If the flow-through entity filing this form does not
on an individual who will report income using combined
apportionment for unitary flow-through entities, multiply line
withhold on an individual who is an owner of unitary flow-
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