Can I make tax payments in installments?

Yes, taxpayers in Michigan have the option to make tax payments in installments. The Michigan Department of Treasury allows eligible individuals and businesses to set up an installment agreement for their tax obligations. To qualify, the total tax owed must be $651 or more for individuals or $1,000 or more for businesses. Taxpayers can apply for an installment agreement online or by contacting the Department's Collections Service Center. It is important to note that interest and penalties may apply to the outstanding balance until it is fully paid. The installment agreement provides taxpayers with a convenient and manageable way to fulfill their tax obligations while avoiding potential collection actions.