Michigan Refundable Credits

Refundable Credits
4574, 2024 Michigan Business Tax Refundable Credits
Attachment 14

Michigan Department of Treasury
4574 (Rev. 04-24)

2024 MICHIGAN Business Tax Refundable Credits
Issued under authority of Public Act 36 of 2007.
Taxpayer Name

Federal Employer Identification Number (FEIN) or TR Number

PERSONAL PROPERTY TAX CREDIT. If not claiming this credit, skip to line 8.
1.
2.
3.
4.
5.
6.
7.

Property taxes paid on eligible industrial personal property in the current MBT tax year (see instructions)...........
Multiply line 1 by 35% (0.35)...................................................................................................................................
Property taxes paid on eligible telephone personal property in the current MBT tax year (see instructions)...........
Multiply line 3 by 13.5% (0.135)..............................................................................................................................
Property taxes paid on eligible natural gas pipeline property in the current MBT tax year (see instructions).........
Multiply line 5 by 10% (0.10)...................................................................................................................................
Personal Property Tax Credit. Add lines 2, 4 and 6.............................................................................................
WORKER’S DISABILITY SUPPLEMENTAL BENEFIT (WDSB) CREDIT. If not claiming this credit, skip to line 9.
8. WDSB Credit allowed by the Workers’ Compensation Agency..............................................................................

1.
2.
3.
4.
5.
6.
7.

00
00
00
00
00
00
00

8.

00

NEXT ENERGY PAYROLL CREDIT.

Available only to businesses located within an alternative energy renaissance zone. If not claiming this credit, skip to line 12.
9. Enter alternative energy renaissance zone property information below:
Street Address
City

Parcel Number

10. Total payroll of research, development or manufacturing employees who work primarily within the zone.............
11. Next Energy Payroll Credit. Multiply line 10 by 4.25% (0.0425)..........................................................................
MEGA EMPLOYMENT TAX CREDIT. If not claiming this credit, skip to line 15.
12. Credit amount from MEDC Annual Tax Credit Certificate (attach)..........................................................................

CREDIT NO LONGER AVAILABLE.

10.
11.

00
00

12.

00

13.

This credit is no longer available. Leave this line blank and skip to line 15............................................................

13.

X X X X X X X X 00

14.

This credit is no longer available. Leave this line blank and skip to line 15............................................................

14.

X X X X X X X X 00

15.

Credit amount from Form 4594, line 29...................................................................................................................

15.

00

16.

Credit amount from Form 4584, line 35a.................................................................................................................

16.

00

17.

Credit amount from Certificate provided by MEDC (attach) or assigned credit amount..........................................

17.

00

Credit amount from Post-Production Certificate of Completion provided by Michigan Film Office (attach)
or assigned credit amount (see instructions)...........................................................................................................

18.

00

19.

This credit is no longer available. Leave this line blank and skip to line 20............................................................

19.

X X X X X X X X 00

20.

Credit amount from Form 4584, line 70a.................................................................................................................

20.

00

21.

Credit amount from Form 4584, line 78a................................................................................................................

21.

00

CREDIT NO LONGER AVAILABLE.

FARMLAND PRESERVATION CREDIT. If not claiming this credit, skip to line 16.

MEGA FEDERAL CONTRACT CREDIT. If not claiming this credit, skip to line 17.

MEGA PHOTOVOLTAIC TECHNOLOGY CREDIT. If not claiming this credit, skip to line 18.
FILM PRODUCTION CREDIT. If not claiming this credit, skip to line 20.
18.

CREDIT NO LONGER AVAILABLE.

ANCHOR COMPANY PAYROLL CREDIT. If not claiming this credit, skip to line 21.

ANCHOR COMPANY TAXABLE VALUE CREDIT. If not claiming this credit, skip to line 22.

MEGA POLY-SILICON ENERGY COST CREDIT AND MISCELLANEOUS MEGA BATTERY CREDITS.

If not claiming this credit, skip to line 23.
22. Credit amount from Form 4584, line 86a.................................................................................................................

TOTAL REFUNDABLE CREDITS
23.

+

Add lines 7, 8, 11, 12, 15, 16, 17, 18, 20, 21 and 22. Enter total here and carry to Form 4567,
line 64; or Form 4590, line 37..................................................................................................................................

0000 2024 39 01 27 9

22.

00

23.

00

Instructions for Form 4574
Michigan Business Tax (MBT) Refundable Credits
Purpose

Line-by-Line Instructions

To allow standard taxpayers to claim certain credits. Unless
otherwise specified, if the amount of the credit exceeds the
tax liability of the taxpayer for the tax year, that excess is
refunded.

Lines not listed here are explained on the form.

NOTE: This form may also be used by financial institutions to
claim a limited number of credits:
•	 Michigan Economic Growth Authority (MEGA) Employment
Tax Credit.
•	 Assigned MEGA Photovoltaic Technology Credit.
•	 Assigned Film Production Credit.
Insurance companies use the Miscellaneous Credits for
Insurance Companies (Form 4596) to claim credits for which
they are eligible.
NOTE: Refunds of the Brownfield Redevelopment Credit and
Historic Preservation Credit are no longer available on Form
4574. Taxpayers may apply for an accelerated payment of the
qualified credits by filing the Request for Accelerated Payment
for the Brownfield Redevelopment Credit and the Historic
Preservation Credit (Form 4889).
NOTE: Beginning January 1, 2012, only those taxpayers with
a certificated credit, which is awarded but not yet fully claimed
or utilized, may elect to be MBT taxpayers.
Fiscal Year Filers: See “Supplemental Instructions for
Standard Fiscal MBT Filers” in the MBT Forms and
Instructions for Standard Taxpayers (Form 4600).

Special Instructions for Unitary Business Groups
Credits are earned and calculated on either an entity-specific or
a group basis, as determined by relevant statutory provisions
for the respective credits. Inter-company transactions are not
eliminated for the calculation of most credits. Credits earned or
calculated on either an entity-specific or group basis by Unitary
Business Group (UBG) members are generally applied against
the tax liability of the UBG, unless otherwise specified by
statute or these instructions.
Entity-specific provisions are applied on a member-by-member
basis. In none of these cases does a taxpayer that is a UBG
take the organization type of its parent, Designated Member
(DM), or any member of the UBG. A UBG taxpayer will not be
attributed an organization type based on the composition of its
members.
If any member of the UBG is eligible for an entity-specific
credit, a statement must be attached to the form identifying the
eligible member and any information requested for the credit.
If more than one member is eligible, requested information
should be provided in the statement on a per member basis. The
total amount from all eligible members should be entered on
each corresponding line on this form. Line-by-line instructions
indicate credits requiring entity-specific information.

NOTE:  Although qualification for certain credits is reviewed
and approved by MEGA, in many cases the certificates for such
credits are issued by the Michigan Economic Development
Corporation (MEDC).
Name and Account Number: Enter name and account number
as reported on page 1 of the applicable MBT annual return
(either the MBT Annual Return (Form 4567) for standard
taxpayers or the MBT Annual Return for Financial Institutions
(Form 4590)).
UBGs: Complete one form for the group. Enter the DM name
in the Taxpayer Name field and the DM account number in the
Federal Employer Identification Number (FEIN) field.
Personal Property Tax Credit
The Personal Property Tax Credit is available against
personal property taxes paid in the tax year on eligible
industrial personal property, eligible telephone personal
property, and eligible natural gas pipeline property. The
Personal Property Tax Credit is available only to the
taxpayer who timely files the required statements or reports,
to whom an assessment or bill is issued, and who pays the
taxes in the tax year. A taxpayer that disagrees with the
assessor’s classification of property must pursue a change
of classification through the property tax appeals process.
Treasury will not revise a property classification for purposes
of these credits.
Line  1: Eligible industrial personal property is property
classified as industrial personal property under Section 34c of
the General Property Tax Act (Michigan Compiled Law (MCL)
211.34c). Under MCL 211.34c, the assessor is charged with the
responsibility of classifying property. The taxes must have
been levied after December 31, 2007, and the taxes must have
been paid during the tax year included in this return.
Line 3: Eligible telephone personal property is defined as
personal property of a telephone company subject to the tax
levied under MCL 207.1 to 207.21. The taxes on this property
must have been paid during the tax year included in this return.
Line 4: For eligible telephone personal property levied and
paid in the tax year the credit is equal to 13.5 percent of the
taxes paid.
Line  5: Eligible natural gas pipeline property is defined as
natural gas pipelines that are classified as utility personal
property under Section 34c of the General Property Tax Act and
are subject to regulation under the Natural Gas Act. The taxes
must have been levied after December 31, 2007, and the taxes
must have been paid during the tax year included in this return.
Line  7: The taxpayer claiming a Personal Property Tax Credit
must attach to the MBT return copies of property tax bills
that properly identify “eligible” property and provide proof of
payment of the tax in the tax year.

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UBGs: Add up the property tax bills for all members and enter
the total amount on the corresponding line. The requested
tax bills and proof of payment for each member claiming the
Personal Property Tax Credit should be attached to the group’s
annual return.
Workers’ Disability Supplemental Benefit (WDSB) Credit
The WDSB Credit is available to self-insured taxpayers for
the amount authorized by the Department of Licensing and
Regulatory Affairs (LARA) during the tax year. The amount of
the credit is provided to taxpayers by LARA.
For more information on WDSB credit eligibility,
contact LARA, Workers’ Compensation Agency at
(517) 322-1879 or 1-888-396-5041, or visit the LARA website at
www.michigan.gov/lara.
Line  8: Attach to the return a copy of the document provided
by LARA to substantiate a claim for this credit.
UBGs: Enter total amount authorized for all members on line 8
and attach LARA documentation for each member.
Next Energy Payroll Credit
Next Energy Payroll Credit provides a payroll-based credit to
a taxpayer located within an alternative energy Renaissance
Zone. The credit is equal to the payroll amount for the tax
year attributable to employees who are working on alternative
energy-related research, development, or manufacturing
and whose regular place of employment is within the Zone,
multiplied by the Michigan Individual Income Tax (IIT) rate
for that year. (The Michigan Individual Income Tax rate can be
found at www.michigan.gov/taxes.)

credit has been claimed or could have been claimed under SBT.
A taxpayer that claimed a credit under either SBT or MBT that
had an agreement with MEGA based on qualified new jobs as
defined in the MEGA Act, and that removes 51 percent or more
of those qualified new jobs from Michigan within three years
after the first year in which the taxpayer claimed a credit, must
pay back an amount equal to the total of all credits claimed no
later than 12 months after those qualified new jobs are removed
from Michigan. Recapture is reported on Form 4587.
For more information, contact MEDC at 1-888-522-0103 or
visit the MEDC website at http://www.michiganadvantage.
org/.
Line  12: Approved businesses receive a certificate from
MEGA each year showing the total amount of tax credit
allowed. Attach the Annual Tax Credit Certificate to the return.
(If the certificate is not attached, the credit will be disallowed.)
UBGs: Enter the total amount of MEGA Employment Tax
Credits claimed by eligible members and provide the requested
MEGA certification for each eligible member.
NASCAR Safety Credit
This credit is not available for tax years after 2011. Leave line
13 blank, and continue to line 14.
Farmland Preservation Credit
Farmland Preservation Credit gives back to farmland owners
a portion of the property taxes paid on farmland. Farmland
owners qualify for the credit by agreeing to preserve the land
as farmland and not develop for another use.

Line 11: Multiply line 10 by the Individual Income Tax rate of
4.25% (0.0425).

To qualify for the credit, the taxpayer must meet the following
requirements:

UBGs: If any member of a UBG is claiming the Next Energy
Payroll Credit, attach a statement identifying the member(s)
and providing information requested on the form. Enter the
total payroll amount for all eligible members on line 10.

•	 Taxpayer must own farmland,
•	 Taxpayer must have entered into a Farmland Development
Rights Agreement (FDRA) with the Michigan Department
of Agriculture (MDA), and
•	 Taxpayer must complete the Michigan Farmland
Preservation Tax Credit (Form 4594).

MEGA Employment Tax Credit
The MEGA Employment Tax Credit promotes economic
growth and jobs in Michigan. For a period of time not to
exceed 20 years, a taxpayer that is an authorized business or
an eligible taxpayer may claim a credit equal to the amount
certified each year by MEGA.
NOTE: Beginning January 1, 2012, this credit is available as
a certificated credit to the extent that the taxpayer has entered
into an agreement with MEGA by December 31, 2011, but
the credit has not been fully claimed or paid prior to January
1, 2012.   This credit must be claimed beginning with the
taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
claim the credit.
MEGA may certify a credit based on an agreement entered into
prior to January 1, 2008, under the Single Business Tax (SBT).
The number of years for which the credit may be claimed under
MBT will be equal to the maximum number of years designated
in the resolution reduced by the number of years for which a

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If agreements with MDA were entered into on or after
January 1, 1978, the gross receipts qualifications in Part 1 of
Form 4594 must be satisfied.
NOTE: Beginning January 1, 2012, this credit is available as
a certificated credit to the extent that the taxpayer has entered
into a farmland preservation agreement by December 31, 2011.
This credit must be claimed beginning with the taxpayer’s
first tax year ending after December 31, 2011, in order for the
taxpayer to remain taxable under the MBT and claim the credit.
UBGs: UBG members claiming this credit should total all
amounts from Form 4594, line 29, and enter on line 16 each
eligible member should submit Form 4594, which would be
calculated based upon that member’s respective property tax
obligation and its respective MBT Business Income Tax base.
MEGA Federal Contract Credit
This credit is available for a qualified taxpayer or collective
group of taxpayers that have been awarded a federal

procurement contract from the United States Department of
Defense, Department of Energy or Department of Homeland
Security resulting in a minimum of 25 new full-time jobs.
NOTE: Beginning January 1, 2012, this credit is available as
a certificated credit to the extent that the taxpayer has entered
into an agreement with MEGA by December 31, 2011, but
the credit has not been fully claimed or paid prior to January
1, 2012.   This credit must be claimed beginning with the
taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
claim the credit.
Complete Form 4584 to claim this credit and elect a refund or
carryforward of the resulting overpayment.
For more information, contact MEDC at 1-888-522-0103 or
visit the MEDC website at http://www.michiganadvantage.
org/.
MEGA Photovoltaic Technology Credit
The MEGA Photovoltaic Technology Credit is available to a
qualified taxpayer that enters into an agreement with MEGA to
construct and operate a new facility in Michigan which serves
to develop and manufacture photovoltaic energy, photovoltaic
systems, or other photovoltaic technology.  Photovoltaic energy,
systems, or technology rely on solar power. The credit is
available for 25 percent of the taxpayer’s capital investment in
the new facility during the tax year.
NOTE: Beginning January 1, 2012, this credit is available as
a certificated credit to the extent that the taxpayer has entered
into an agreement with MEGA by December 31, 2011, but
the credit has not been fully claimed or paid prior to January
1, 2012.   This credit must be claimed beginning with the
taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
claim the credit.

must attach the assignment certificate to the return. (If the
certificate is not attached, the credit will be disallowed.)
Film Production Credit
The Michigan Film Office, with the concurrence of the State
Treasurer, may enter into an agreement with an eligible
production company providing the company with a refundable
credit against MBT tax liability or against taxes withheld under
Chapter 7 of the Michigan Individual Income Tax Act.
NOTE: Beginning January 1, 2012, this credit is available as
a certificated credit to the extent that the taxpayer has entered
into an agreement with the Michigan Film Office with the
concurrence of the State Treasurer by December 31, 2011, but
the credit has not been fully claimed or paid prior to January
1, 2012.   This credit must be claimed beginning with the
taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
claim the credit.
To qualify for the credit, an eligible production company
must spend at least $50,000 in Michigan for the development,
preproduction, production, or postproduction costs of a
State‑certified qualified production and must not be delinquent
in a tax or other obligation owed to Michigan nor be owned or
under common control of an entity that is delinquent.
A Post-Production Certificate will be issued verifying the
amount of the credit to be claimed once the Michigan Film
Office is satisfied that expenditure and eligibility requirements
are met.
The credit may be assigned in the tax year in which the
Post-Production Certificate is issued but such assignment is
irrevocable.
For more information, contact the Michigan Film
Office at 1-800-477-3456 or visit the website at
www.michiganfilmoffice.org.

The credit generally must be taken in equal installments
over a two-year period beginning in the tax year in which
the certificate is issued. A taxpayer may make an irrevocable
assignment of all or a portion of the credit or may convey the
right to the assignment on a form provided by MEGA, which
will then issue assignment certificates to the assignee(s).

Line  18: A taxpayer claiming a Film Production Credit must
attach the Post-Production Certificate to the return. A taxpayer
claiming an assigned Film Production Credit must attach to the
return an MBT Film Credit Assignment (Form 4589) approved
by Treasury. (If the certificate or approved assignment form is
not attached, the credit will be disallowed.)

A taxpayer or assignee that claims a credit and subsequently
fails to meet the requirements of the act or any other
conditions established by MEGA in the agreement may, as
determined by MEGA, have its credit reduced or terminated
or have a percentage of the credit previously claimed added
back to the tax liability of the taxpayer in the tax year that the
taxpayer or assignee fails to comply. Recapture is reported on
Form 4587.

UBGs: Enter the total amount for this credit claimed by all
eligible members and provide the requested post-production
certification or Form 4589 for each eligible member.

A taxpayer certified to take the polycrystalline silicon credit
under MCL 208.1432 is disqualified from taking this credit.

Anchor Company Payroll Credit
This credit is available for a qualified taxpayer that was
designated by MEGA as an anchor company within the last
five years and that has influenced a new qualified supplier or
customer to open, locate, or expand in Michigan.

Line 17: Approved businesses receive a certificate from MEGA
each year showing the total amount of tax credit allowed. Attach
the Annual Tax Credit Certificate to the return. A taxpayer
claiming an assigned MEGA Photovoltaic Technology Credit

MEGA Plug-In Traction Battery Manufacturing Credit
Line 19: For tax years ending after December 31, 2014, the
MEGA Plug-In Traction Battery Manufacturing Credit is
no longer available.

NOTE: Beginning January 1, 2012, this credit is available as

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a certificated credit to the extent that the taxpayer has entered
into an agreement with MEGA by December 31, 2011, but
the credit has not been full claimed or paid prior to January
1, 2012.   This credit must be claimed beginning with the
taxpayer’s first tax year ending after December 31, 2011, in
order for the taxpayer to remain taxable under the MBT and
claim the credit.
Complete Form 4584 to claim this credit and elect a refund or
carryforward of the resulting overpayment.
For more information, contact MEDC at 1-888-522-0103 or
visit the MEDC website at http://www.michiganadvantage.
org/.
Anchor Company Taxable Value Credit
This credit is available for a qualified taxpayer that was
designated by MEGA as an anchor company within the last
five years and that has influenced a new qualified supplier or
customer to open, locate, or expand in Michigan.
Complete Form 4584 to claim this credit and elect a refund or
carryforward of the resulting overpayment.
For more information, contact MEDC at 1-888-522-0103 or
visit the MEDC website at http://www.michiganadvantage.
org/.
MEGA Poly-Silicon Energy Cost Credit and
Miscellaneous MEGA Battery Credits
Complete Form 4584 to claim the MEGA Poly- Silicon Energy
Cost Credit, MEGA Plug-in Traction Battery Integration Credit,
MEGA Battery Manufacturing Facility Credit, MEGA Large
Scale Battery Credit, and/or MEGA Advanced Lithium Ion
Battery Credit and elect a refund or carryforward of any excess
credit. Carry amount from Form 4584, line 86a and enter it here.
The following credits are no longer available for tax years
ending after the associated date. Complete Form 4584 to
claim an used credit from the immediately preceding tax
year, if available.
•	 MEGA Advanced Battery Engineering Credit — December
31, 2014.
•	 MEGA Advanced Lithium Ion Battery Credit — December
31, 2016.
•	 MEGA Large Scale Battery Credit -- December 31, 2017.
Include completed Form 4574 as part of the tax return filing.

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