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MI Sales Tax Interest Rate

Program: MI Sales Tax Express Program

The interest rate due on underpayments/overpayments to State of Michigan has not been changed. The interest rate continues to be 4.25% effective for the period beginning January 1, 2022 through June 30, 2022. To check if you have the correct interest rate in MI Sales Tax Express 2022:

1. From within MI Sales Tax Express 2022 click on Setup
2. Click on Configuration
3. Click on Defaults
4. In the Annual Interest Rate field 1/1/22 - 6/30/22 change rate to 4.25
5. Click OK

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