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Michigan Department of Treasury

Attachment 27

4974 (Rev. 08-12)

2012 MICHIGAN Schedule of Corporate Income Tax Liability

for a Michigan Business Tax Insurance Filer

Issued under authority of Public Act 36 of 2007 and PA 39 of 2011.

Federal Employer Identification Number (FEIN)

Name (print or type)

PART 1: CERTIFICATED NONREFUNDABLE CREDITS

1. Tax Before Nonrefundable Credits from Form 4588, line 23 .............................................................................

2. Noncertificated nonrefundable credits (see instructions)...................................................................................

3. Tax After noncertificated nonrefundable credits. Subtract line 2 from line 1. If less than zero, enter zero ........

4. Available Renaissance Zone Credit (see instructions) ......................................................................................

5. Renaissance Zone Credit. Enter lesser of line 3 or 4 ........................................................................................

6. Tax After Renaissance Zone Credit. Subtract line 5 from line 3 ........................................................................

7. Available Historic Preservation Credit Net of Recapture from Form 4596, line 18b. If negative, enter as a

negative number ................................................................................................................................................

8. Historic Preservation Credit Net of Recapture. Enter lesser of line 6 or 7.........................................................

9. Tax After Historic Preservation Credit Net of Recapture. Subtract line 8 from line 6 .........................................

10. Available Brownfield Redevelopment Credit from Form 4596, line 20 ..............................................................

10.

11. Brownfield Redevelopment Credit. Enter lesser of line 9 or 10 .........................................................................

11.

12. Tax After Brownfield Redevelopment Credit. Subtract line 11 from line 9 .........................................................

12.

13. Film Infrastructure Credit from Form 4596, line 25 ............................................................................................

13.

14. Certificated Nonrefundable Credits for CIT. Add lines 5, 7, 11, and 13, and carry to line 16 .............................

14.

PART 2: CIT LIABILITY

15. MBT Tax Before Miscellaneous Nonrefundable Credits from Form 4588, line 23 .............................................

15.

16. CIT After Certificated Nonrefundable Credits. Subtract line 14 from 15 ............................................................

16.

17. Total Recapture of Certain Business Tax Credits for CIT from Form 4588, line 26 ...........................................

17.

18. CIT After Recapture. Add lines 16 and 17 .........................................................................................................

18.

PART 3: MBT TAX COMPARED AGAINST CIT FOR INSURANCE

19. Total MBT liability from Form 4588, line 27 .......................................................................................................

19.

20. Subtract line 19 from line 18. Carry amount to Form 4588, line 28 ...................................................................

20.

0000 2012 62 01 27 5