Form 4903 - Michigan Corporate Income Tax Withholding Opt-Out Schedule

Instructions for Form 4903

Corporate Income Tax Withholding Opt-Out Schedule

Purpose

Column by Column Instructions

To report the flow-through entities to which this taxpayer

Taxpayer information: Enter the name and FEIN of the

has provided a Certification of Exemption for Flow-Through

taxpayer filing this form as reported on page 1 of CIT Annual

Withholding Payments (Form 4912), in order to relieve the

Return (Form 4891).

flow-through entity of its obligation to withhold on this

UBGs: If this taxpayer is a UBG, enter the name and FEIN of

taxpayer.

the DM for the standard members of this UBG on the first line

as it has been reported on page 1 of Form 4891. Enter the name

General Instructions

and FEIN of the member of the UBG that is reporting on this

A CIT taxpayer is able to relieve a flow-through entity of its

form on the second line as it has been reported on page one of

Flow-Through Withholding requirements to withhold on that

the applicable CIT Data on UBG Members (Form 4897).

CIT taxpayer by filing an exemption certificate with the flow-

Column A: Enter the name, address, city, state, and Zip

through entity. A taxpayer that has submitted an exemption

code of the flow-through entity that this taxpayer has filed an

certificate to a flow-through entity must fill out this form to

exemption certificate with.

report each flow-through entity to which it has submitted an

exemption certificate. If more space is needed to report all

Column B: Enter the flow-through entity’s FEIN that this

of the flow-through entities that have received an exemption

taxpayer has filed an exemption certificate with.

certificate from this taxpayer, include additional copies of

Column C: Enter the unapportioned distributive share of the

Form 4903. Include at the top of each Form 4903 the name

flow-through entity’s income that this taxpayer received as it

and Federal Employer Identification Number (FEIN) of the

has been reported to the taxpayer from the flow-through entity.

taxpayer. If this taxpayer is a Unitary Business Group (UBG),

Include completed Form 4903 as part of the tax return filing.

enter the FEIN of the Designated Member (DM) at the top of

each additional Form 4903.

NOTE: This form is required to be included in the taxpayer’s

tax return if it has submitted a certificate of exemption (Form

4912) to a flow-through entity. The taxpayer should not,

however, include a copy of Form 4912 with this CIT return.

Instead, retain a copy for your records.

Flow-through entities that are unitary with this taxpayer: If

this taxpayer has submitted an exemption certificate to a flow-

through entity it is unitary with, enter the information for this

flow-through entity first. If more than one copy of Form 4903

is required, only list the flow-through entities that this taxpayer

is unitary with once. For more information on what constitutes

a unitary relationship between a flow-through entity and a

taxpayer, see the instructions for Flow-Through Entities that

are Unitary with the Taxpayer (Form 4900).

UBGs: If this taxpayer is a UBG and has submitted an

exemption certificate to a flow-through entity it is unitary

with, and more than one member of the UBG has an ownership

interest in the flow-through entity, enter the information for this

flow-through entity on the Form 4903 that is completed by the

DM. If the DM has to file more than one copy of Form 4903,

only list the flow-through entities that the UBG is unitary with

once.

Form 4903 - Michigan Corporate Income Tax Withholding Opt-Out Schedule - 2014 Page 3

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