Form 4920 - Michigan Flow-Through Withholding Opt-Out Schedule - 2014 Page 2

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Instructions for Form 4920
Michigan Flow-Through Withholding Opt-Out Schedule
If more space is needed, flow-through entities should go online to to print additional pages.
Repeat the flow-through entity Name and FEIN at the top of each page. All pages must be submitted as part of a valid
return.
Flow-through entities that are unitary with a CIT taxpayer:
Purpose
If the flow-through entity has received an exemption certificate
To report the members of the flow-through entity that have
from a CIT taxpayer that is unitary with the flow-through
submitted an exemption certificate to the flow-through entity
entity, enter the information for that CIT taxpayer first. If
that relieved the flow-through entity of its obligation to
more than one copy of Form 4920 is required, only list the CIT
withhold on those members.
taxpayer that the flow-through entity is unitary with once, on
the first Form 4920 that is filed.
For purposes of this form, member means a flow-through
entity’s C corporation or other flow-through entity members.
Column by Column Instructions
The term excludes non-resident individuals.
Column A: Enter the name, address, city, state, and ZIP code
of the member as it is entered on the exemption certificate
General Instructions
submitted by the member.
Enter on this form each member of a flow-through entity that
has submitted an exemption certificate to the flow-through
Column B: Enter the member’s FEIN as it appears on the
exemption certificate submitted by the member.
entity. If more space is needed to report all of the members
that have submitted exemption certificates, include additional
Column C: Enter the member’s share of the flow-through
copies of Form 4920. Include at the top of each Form 4920 the
entity’s tentative distributive share of taxable income.
name and Federal Employer Identification Number (FEIN) of
Include completed Form 4920 as part of the tax return filing.
the flow-through entity.
31

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