Michigan Income Tax Guide for 2026

Overview

Michigan has a flat income tax rate of 4.25%. Capital gains are taxed as ordinary income. The state offers personal exemptions of $5,900 and dependent exemptions of $5,900.

Income Tax Rates

Single Filers

Income RangeTax Rate
All income4.25%

Married Filing Jointly

Income RangeTax Rate
All income4.25%

Capital Gains Tax

Capital gains are taxed at the same rates as ordinary income.

Deductions & Exemptions

TypeAmount
Personal Exemption (Single)$5,900
Personal Exemption (Married)$11,800
Dependent Exemption$5,900

Additional Information

  • Flat 4.25% rate for 2026; Treasury determined on April 15, 2026 that the statutory revenue-trigger rate reduction was not met for tax year 2026
  • Personal exemption is inflation-indexed: $5,900 per exemption for 2026 ($5,800 for 2025)
  • Michigan has no standard deduction; tax is computed on federal AGI adjusted for Michigan additions/subtractions less personal exemptions

Charts

Loading interactive chart...

Sources

Compare multiple states

Ready to see how federal and state taxes compare for your specific situation? Try our interactive comparison tool.

Start comparing

Last updated: September 15, 2026

Found something wrong? Report inaccurate data