Michigan MBT Schedule of Flow-Through Withholding (OBSOLETE)

MBT Schedule of Flow-Through Withholding (OBSOLETE)
4966, 2017 Michigan Business Tax Schedule of Flow-Through Withholding
Attachment 30

Michigan Department of Treasury
4966 (Rev. 04-17)

2017 Michigan Business Tax Schedule of Flow-Through Withholding
Issued under authority of Public Act 38 of 2011.

Complete this form if Flow-Through Withholding was withheld on behalf of the member by a Flow-Through Entity, and the Flow-Through Entity’s tax
year ended with or within the member’s filing period. Sum the amount of withholding in Column E and carry to Form 4567, line 62; Form 4588, line 50;
or Form 4590, line 35. (See instructions.)
Taxpayer Name (If Unitary Business Group, Name of Designated Member)

Federal Employer Identification Number (FEIN)

Unitary Business Groups Only: Name of the Unitary Business Group Member Reporting on This Form

Federal Employer Identification Number (FEIN)

A

Flow-Through Entity Name

B

FEIN or TR Number

C
Check (X)
if the FlowThrough is
a part of
the UBG

D

E

Distributive share
of income from the
Flow-Through Entity

Withholding Paid by the
Flow-Through Entity on
Behalf of this Member

If more space is needed, include additional copies of Form 4966. Identify the taxpayer name and FEIN at the top of every copy.

+

0000 2017 60 01 27 9

Instructions for Form 4966

Michigan Business Tax Schedule of Flow-Through Withholding

IMPORTANT NOTE: The instructions at the top of Form 4966 direct the taxpayer to carry the total amount reported in Column E
to one of three lead forms. With changes as a result of Public Act 158 of 2016, instead follow the directions for Column E below.

Purpose
The	 purpose	 of	 this	 form	 is	 to	 report	 the	 Flow-Through	
Withholding	payments	made	by	a	flow-through	entity	(FTE)	on	
behalf	of	a	Michigan	Business	Tax	(MBT)	filer.

General Instructions
This	form	is	intended	to	be	used	by	a	taxpayer	that	is	a	Unitary	
Business	 Group	 (UBG)	 that	 has	 an	 ownership	 or	 beneficial	
interest	in	an	FTE	that	has	remitted	Flow-Through	Withholding	
payments	 on	 behalf	 of	 the	 taxpayer.	 Reported	 on	 this	 form	 will	
be	 the	 Flow-Through	 Withholding	 payments	 made	 by	 an	 FTE	
if	 that	 FTE’s	 tax	 year	 ended	 with	 or	 within	 the	 tax	 year	 of	 a	
member	 of	 the	 taxpayer	 filing	 this	 form	 and	 began	 before	 July	
1,	2016.
A	 flow-through entity	 is	 an	 entity	 that,	 for	 the	 applicable	 tax	
year,	 is	 treated	 as	 a	 subchapter	 S	 Corporation	 under	 section	
1362(a)	 of	 the	 internal	 revenue	 code,	 a	 general	 partnership,	 a	
trust,	 a	 limited	 partnership,	 a	 limited	 liability	 partnership,	 or	 a	
limited	 liability	 company	 that	 is	 not	 taxed	 as	 a	 C	 Corporation	
for	federal	income	tax	purposes.
NOTE: Flow-Through Withholding is repealed effective
with FTEs’ tax years beginning after June 30, 2016, under
Public Act 158 of 2016. An MBT taxpayer should not have
had any tax withheld on its behalf by FTEs with tax years
beginning after June 30, 2016.

Column-by-Column Instructions
Name and Account Number:	 Enter	 the	 name	 and	 Federal	
Employer	 Identification	 Number	 (FEIN)	 of	 the	 taxpayer	 as	
reported	 on	 page	 1	 of	 the	 Michigan Business Tax Annual
Return	 (Form	 4567)	 or	 Michigan Business Tax Annual Return
for Financial Institutions	(Form	4590).

UBGs:	Complete	one	form	for	each	member	of	the	UBG.	Enter	
the	 FEIN	 and	 name	 of	 the	 Designated	 Member	 in	 the	 Taxpayer	
Name	 and	 FEIN	 fields	 and	 the	 member’s	 name	 and	 FEIN	 to	
whom	the	schedule	applies	on	the	line	below.
Columns A and B:	 Identify	 each	 FTE	 that	 remitted	 FlowThrough	Withholding	payments	on	behalf	of	the	taxpayer	filing	
this	form	by	name	and	FEIN.
Column C: UBGs only:	Enter	an	‘X’	in	this	column	if	the	FTE	
is	in	a	UBG	with	the	member	that	is	completing	this	form.
Column D:	 Enter	 the	 apportioned	 distributive	 share	 of	 the	
FTE’s	 taxable	 income	 received	 by	 the	 taxpayer	 completing	 this	
form.
Column E:	 Enter	 the	 total	 withholding	 payments	 paid	 on	
behalf	 of	 the	 taxpayer	 filing	 this	 form	 that	 apply	 to	 the	 tax	 year	
included	in	this	return.	Included	on	this	column	would	be	FlowThrough	 Withholding	 (FTW)	 payments	 made	 by	 FTEs	 whose	
tax	 years	 ended	 within	 the	 tax	 year	 of	 the	 taxpayer	 filing	 this	
form	and	began	before	July	1,	2016.
Any	 FTE	 that	 has	 withheld	 on	 behalf	 of	 the	 taxpayer	 filing	
this	 form	 should	 have	 provided	 the	 taxpayer	 the	 amount	 for	 its	
records.
The	combined	amount	entered	in	this	column	should	be	entered	
on	 line	 68	 of	 Part	 2B	 of	 the	 MBT UBG Combined Filing
Schedule for Standard Members	 (Form	 4580)	 if	 this	 form	 is	
filled	 out	 by	 a	 member	 of	 a	 UBG	 of	 standard	 taxpayers;	 or	 line	
35	 of	 the	 MBT UBG Combined Filing Schedule for Financial
Institutions	 (Form	 4752)	 if	 this	 form	 is	 filled	 out	 by	 a	 member	
of	UBG	of	financial	institutions.

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