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Michigan 2026 Tax Changes — What Residents & Business Owners Must Know

On January 1, 2026, major federal tax changes take effect as previous provisions expire and updated federal rules continue forward.

Michigan residents — who pay a flat state income tax and various local taxes — will feel these changes strongly because Michigan starts its tax calculation with federal AGI.

These Changes Impact:

Below is the full breakdown of how 2026 tax changes affect Michigan taxpayers.

Key Federal Changes Affecting Michigan Residents

Standard Deduction Shrinks in 2026

Impact on Michigan

This reduction increases taxable income for many Michigan residents, especially:

Michigan’s state tax calculation also uses federal AGI, so the reduced deduction increases both federal and Michigan state taxable income.

Federal Tax Brackets Increase

In 2026, all federal tax brackets increase:
Michigan residents most affected include:

Higher brackets push more Michigan workers into higher federal tax liability.

QBI (20% Business Deduction) Remains Federal; Michigan Does Not Apply It

QBI stays federally, but Michigan does not offer a matching state-level QBI deduction.

Meaning:
This affects Michigan’s large population of:

Child Tax Credit Shrinks

Starting in 2026:

Families in Detroit Metro, Grand Rapids, Ann Arbor, and Lansing will notice smaller refunds or higher tax liabilities.

Child Tax Credit Shrinks

Marriage Penalty Returns

Michigan has many dual-income households.

Beginning in 2026:

Couples earning between $75K–$200K combined will be impacted the most.

Marriage Penalty Returns

Michigan-Specific Tax Considerations

1. Michigan Uses Federal AGI to Determine State Taxable Income

Michigan assesses a flat state income tax rate, but taxable income begins with federal AGI.

Therefore, 2026 federal changes automatically:

This affects all taxpayers at all income levels.

2. Real Estate Owners & Investors Will Feel Major Changes

Growing Michigan markets — including:

— will be affected by:

As home values rise in many Michigan counties, capital gains planning becomes essential.

2. Real Estate Owners and Rental Investors Will Be Affected

3. Short-Term Rental (STR) Owners Face Updated Rules

Michigan STR hotspots include:
2026 brings:

4. Retirement Income Planning Is Affected by Federal Changes

Michigan taxes some retirement income depending on age and income level.

Federal tax increases affect:

Michigan retirees often see greater combined tax impact due to federal bracket increases.

Who Is Hit Hardest in Michigan (2026)

Who Is Hit Hardest in Michigan (2026)

What Michigan Residents Should Do Before December 31, 2025

Michigan 2026 Tax FAQ

 No — Michigan does not offer a QBI deduction.

 Rates remain the same, but taxable income increases due to federal changes.

 Yes — reduced credits and higher federal taxable income reduce refunds.

 Yes — depreciation and participation requirements change.

 Yes — federal bracket changes increase the tax cost of retirement withdrawals.

Get a 2026 Michigan Tax Strategy

Michigan residents face meaningful 2026 changes due to reduced deductions, higher federal brackets, credit shifts, and new rules affecting business owners, real estate investors, families, and retirees.

A personalized tax plan ensures you’re prepared before the new rules take effect.

Book a Strategy Call and Meet Your Match.

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