4568: Nonrefundable Credits Summary (2025)
Michigan · Michigan Treasury · Used for tax years 2025
Michigan Form 4568 summarizes nonrefundable credits for the 2025 Michigan Business Tax. It combines credit amounts from other forms and calculates total nonrefundable credits and the tax remaining after those credits.
Who files this form
Form 4568 is the 2025 Michigan Business Tax Nonrefundable Credits Summary. It summarizes credits and carries the total to Form 4567 or Form 4590.
The form does not state who is required to file it.
What you'll need
Have your taxpayer name and Federal Employer Identification Number (FEIN) or TR Number ready.
The form draws amounts from these forms, depending on the credits you report:
- Form 4567 or Form 4590: Tax before all credits.
- Form 4570: Compensation and Investment Tax Credits, and Research and Development Credit.
- Form 4571: Small Business Alternative Credit and Gross Receipts Filing Threshold Credit.
- Form 4572: Community and Education Foundations, Homeless Shelter/Food Bank, Public Contribution, and Arts and Culture credits.
- Form 4573: Start-up Business Credit and the credits listed on lines 20 through 39.
Common mistakes
- Entering an amount on line 2: Leave it blank and skip to line 3.
- Using lines 13 or 14: These credits are no longer available. Leave both lines blank and skip to line 15.
- Missing negative amounts: On line 4b, enter Form 4570, line 20, as a negative number only if it is negative. Otherwise, leave line 4b blank. If the Start-up Business Credit on line 15 is negative, enter it as a negative number.
- Entering negative tax where zero is required: Lines 3, 12, 16, and 41 direct you to enter zero if the result is less than zero.
- Not checking the final tax amount: Line 41 must equal Form 4567, line 55, or Form 4590, line 28.
Questions people ask
Where do I get the starting tax amount?
Enter the tax before all credits from Form 4567, line 53, or Form 4590, line 26, on line 1.
How do I total the nonrefundable credits?
On line 40, add lines 4a, 4b, 5, 7, 8, 10, 11, 15, 17, 18, and 20 through 39.
Where does the total credit amount go?
Carry the total from line 40 to Form 4567, line 54, or Form 4590, line 27.
What if the tax after nonrefundable credits is negative?
For line 41, subtract line 40 from line 1. If the result is less than zero, enter zero.