Beginning February 13, 2024, more than 700,000 Michigan households will receive an average of $550 in Working Families Tax Credit checks. The new checks are part of the $1 billion in tax cuts Governor Whitmer signed into law earlier this year.
Working Families Tax Credit:
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- In March, the governor signed legislation quintupling the credit match of the federal Earned Income Tax Credit from 6% to 30%. The expansion will deliver an average combined tax refund of $3,150 to 700,000 families.
- The checks will be the difference between the 6% tax credit Michigan residents received on their tax return and the 30% that is owed under the new law.
- Michigan families who qualified for the Working Families Tax Credit as part of their 2022 tax return are eligible for the check.
The Department of Treasury will automatically process checks for residents who submitted their 2022 tax return and confirmed eligibility for the credit. Checks will be mailed on a rolling basis as they are printed. It’s estimated to take between five to six weeks to print and distribute all payments.