MI-1041 Schedule W: Fiduciary Withholding Tax Schedule (2024)
Michigan · Michigan Treasury · Used for tax years 2024
Michigan MI-1041 Schedule W reports Michigan fiduciary income tax withheld for an estate or trust in 2024. It lists payer information, income amounts, and Michigan tax withheld, with the total carried to Form MI-1041, line 20.
Who files this form
If Michigan fiduciary income tax was withheld in 2024, complete MI-1041 Schedule W to claim that withholding on Form MI-1041, line 20.
Withholding on income of a trust or estate must be claimed by the trust or estate, not by a beneficiary.
What you'll need
Use W-2s, 1099s, and any other documents that report Michigan tax withheld to complete the withholding table. Include all supporting withholding documents with Form MI-1041.
You will also need:
- The estate or trust's name and Federal Employer Identification Number (FEIN).
- Each payer's name and federal identification number.
- The income amount and Michigan income tax withheld for each entry.
How to file
- Type or print in blue or black ink.
- Enter the estate or trust's name and FEIN.
- Complete Table 1 using the documents that report Michigan tax withheld. Enter each payer's federal identification number, name, income amount, and Michigan income tax withheld.
- Add column D. Enter the total on Schedule W, line 3, and carry it to Form MI-1041, line 20.
- Include the completed Schedule W and all supporting withholding documents with Form MI-1041. If you need more space, include another Schedule W.
Common mistakes
- Claiming withholding without Schedule W. The form warns that processing may be delayed if withholding is claimed but Schedule W is not provided.
- Leaving out supporting documents. Include all supporting withholding documents with Form MI-1041.
- Having a beneficiary claim the withholding. Withholding on trust or estate income must be claimed by the trust or estate.
- Running out of space without adding another schedule. Include another Schedule W if additional space is needed.
Questions people ask
Where does the total withholding go?
Add column D and enter the total on Schedule W, line 3. Carry that amount to Form MI-1041, line 20.
Can a beneficiary claim withholding on trust or estate income?
No. The trust or estate must claim that withholding.
What if I need more room for withholding entries?
Include another copy of MI-1041 Schedule W.
How can a fiduciary notify a pension administrator about withholding?
A fiduciary may provide Form MI W-4P to notify pension administrators of the correct amount of Michigan income tax, if any, to withhold from pension or annuity distributions made to the trust or estate.