Estimated state tax payments

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taxquestions
Posts: 43
Joined: Tue Dec 18, 2018 6:31 pm

Estimated state tax payments

Post by taxquestions »

US citizen. Became Michigan resident 1/20/2020 (from Canada).

Michigan states it follows IRS guidelines for estimated tax requirement:
90% of your current year's tax liability,
or 100% of your previous year's tax liability,
or 110% of your previous year's tax liability if your previous year's adjusted gross income is more than $150,000 ($75,000 or more for married filing separate).

Since I had no Michigan tax liability the prior year, can I pay "100% of your previous year's tax liability" of $0?

My IRS tax liability last year was ~$200 which is what I am doing likewise for the IRS.
nelsona
Posts: 18697
Joined: Wed Oct 27, 2004 2:33 pm
Location: Nowhere, man

Re: Estimated state tax payments

Post by nelsona »

Sounds right.
After 20 years, I am severely cutting back on responses. Do not ask specifically for my help. There are a few others on this board that can answer most questions. All the best
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