Bill > HB4391

This bill amends the Income Tax Act of 1967 to require the Michigan Department of Treasury to administer the state income tax and provide certain information to taxpayers. The key provisions include: 1. Clarifying that the Department of Treasury shall administer the income tax and prescribe forms and rules for maintaining records, computing the tax, and making returns and payments. 2. Requiring the Department to include in the state income tax instruction booklet a clear and concise listing of each credit and deduction, as well as a page explaining the rules and factors for classifying an individual as an employee or independent contractor, including contact information for reporting potential misclassification. 3. Requiring the Department to post this information on its website and send a notice to each payee listed on a 1099-MISC form filed with the Department, providing the same information about employee vs. independent contractor classification. The bill aims to provide taxpayers with more clarity and information regarding their tax obligations and worker classification status.