Michigan Department of Treasury 
4908 (Rev. 03-22), Page 1 of 2                                                                                                                                              This form cannot be used  
                                                                                                                                                                            as an amended return;  
                                                                                                                                                                            use the CIT Amended Return  
2022 MICHIGAN Corporate Income Tax Annual Return                                                                                                                            for Financial Institutions  
                                                                                                                                                                            (Form 4909).
for Financial Institutions 
Issued under authority of Public Act 38 of 2011.                                                (MM-DD-YYYY)                                                                        (MM-DD-YYYY)
1.  Return is for calendar year 2022 or for tax year beginning:                                                              and ending: 
2a.  Taxpayer Name or Designated Member (DM) if a UBG (print or type)                                     Federal Employer Identification Number (FEIN) 

2b. Top-tiered parent entity filing the Federal Financial Institutions Examination Council (FFIEC) report Top-tiered parent entity FEIN 

2c. Street Address of Taxpayer or DM                                                                      7. Organization Type 

City                                             State    ZIP/Postal Code      Country Code                   Fiduciary                                         C Corp/                 S Corp/  
                                                                                                                                                                LLC C Corp              LLC S Corp
3. Principal Business Activity                            4. NAICS Code                                   8a. Affiliated Group Election year (MM-DD-YYYY) (see instructions) 

5. Business Start Date in Michigan               6. If a Final Return, Enter Effective End Date 
                                                                                                              Check if filing Michigan Unitary Business Group (UBG) 
                                                                                                          8b. return. (Include Form 4910.) 

   9. Apportionment Calculation:     a.          Michigan Gross Business(if no Michigan Gross Business,       enter zero) .. 9a.                                                                        00 
                                     b.  Total Gross Business ...................................................................  9b.                                                                  00 
                                     c.  Apportionment Percentage.  Divide line 9a by line 9b .................  9c.                                                                                    % 

PART 1: FRANCHISE TAX 

10.   Total Equity Capital. If less than zero, enter zero  ............................................................................................  10.                                            00 

11.   Average daily book value of Michigan obligations. If less than zero, enter zero  .............................................  11.                                                               00 

12.   Average daily book value of U.S. obligations. If less than zero, enter zero .....................................................  12.                                                            00 

13.  Subtotal. Add lines 11 and 12 ..........................................................................................................................  13.                                      00 

14.   (Net Capital) Subtract line 13 from line 10.......................................................................................................  14.                                           00 

15.  Authorized insurance company subsidiary: enter actual capital fund amount .................................................  15.                                                                   00 

16.  Minimum regulatory amount required ..............................................................................................................  16.                                             00 

17.  Multiply line 16 by 125% (1.25)  .......................................................................................................................  17.                                      00 

18.  Enter the lesser of line 15 or line 17 ................................................................................................................  18.                                       00 

19.   Tax Base (Net Capital for Current Taxable Year). Subtract line 18 from line 14  ..............................................  19.                                                               00 

20.  Apportioned Tax Base. Multiply line 19 by percentage on line 9c  ...................................................................  20.                                                          00 

21.  Multiply line 20 by 0.29% (0.0029)  ..................................................................................................................  21.                                        00 
22.   Tax Liability after CIT Historic Preservation Credit from Form 5793, line 11. If less than or equal to 
      $100, enter zero  ..............................................................................................................................................  22.                             00 

23.   Total Recapture of Certain Business Tax Credits from Form 4902 ..................................................................  23.                                                            00 

24.   Total Tax Liability. Add lines 22 and 23   .........................................................................................................  24.                                         00 

+  0000 2022 42 01 27 6                                                                                                                                                     Continue and sign on Page 2. 

2022 Form 4908, Page 2 of 2 
                                                                                          Taxpayer FEIN 

PART 2: PAYMENTS AND TAX DUE 

25.  Overpayment credited from prior return (MBT or CIT)  ....................................................................................  25.                          00 

26.  Estimated tax payments  ..................................................................................................................................  26.         00 

27.  Tax paid with request for extension  .................................................................................................................  27.             00 

28.  Michigan tax withheld  ......................................................................................................................................  28.      00 

29.  Total Payments. Add lines 25 through 28  ........................................................................................................  29.                  00 

30.   TAX DUE. Subtract line 29 from line 24. If less than zero, leave blank ...........................................................  30.                                00 

31.  Underpaid estimate penalty and interest from Form 4899, line 38 ..................................................................  31.                                 00 

32.  Annual Return Penalty (see instructions)  ........................................................................................................  32.                 00 

33.  Annual Return Interest (see instructions)  ........................................................................................................  33.                00 

34.   PAYMENT DUE. If line 30 is blank, go to line 35. Otherwise, add lines 30 through 33 ...................................  34.                                           00 

PART 3: REFUND OR CREDIT FORWARD 
35.   Overpayment. Subtract lines 24, 31, 32 and 33 from line 29. If less than zero, leave blank  
      (see instructions)  .............................................................................................................................................  35. 00 

36.   CREDIT FORWARD.  Amount on line 35 to be credited forward and used as an estimate for next tax year ..  36.                                                            00 

37.   REFUND. Subtract line 36 from line 35 ...........................................................................................................  37.                 00 

Taxpayer Certification.  I declare under penalty of perjury that the information in     Preparer Certification.  I declare under penalty of perjury that this 
this return and attachments is true and complete to the best of my knowledge.           return is based on all information of which I have any knowledge. 
                                                                                        Preparer’s PTIN, FEIN or SSN 
      By checking this box, I authorize Treasury to discuss my return with my preparer. 
Authorized Signature for Tax Matters                                                    Preparer’s Business Name (print or type) 

Authorized Signer’s Name (print or type)                 Date                           Preparer’s Business Address and Telephone Number (print or type) 

Title                                      Telephone Number 

             Return is due April 30 or on or before the last day of the 4th month after the close of the tax year. 
WITHOUT PAYMENT - Mail return to:              WITH PAYMENT - Pay amount on line 34               Make check payable to “State of Michigan.” 
                                               and mail check and return to:                      Print taxpayer’s FEIN, the tax year, and “CIT” 

  PO Box 30803 
  Michigan Department of Treasury              MichiganPO Box 30804Department of Treasury         oncheckthetofronttheofreturn.the check. Do not staple the
  Lansing MI  48909                            Lansing MI  48909 

+  0000 2022 42 02 27 4 

                                                                              Instructions for Form 4908  
               Corporate Income Tax (CIT) Annual Return for Financial Institutions 

Purpose                                                                                                        michigan.gov/treasuryforms. 
To calculate     tax   liability               of a financial  institution for            CIT.                 NOTE:                   A UBG       may       include     financial             institutions,        insurance  
Every      financial  institution with              nexus       with       Michigan         must               companies,                                                                                                        
                                                                                                                                      and standard taxpayers.                 A group             containing          a          
file an  annual     return.         See      MCL      206.653           for    nexus     thresholds.           mixture   of                                                                                                      
                                                                                                                                these three          taxpayer       types     may           be required          to file       
However,      a taxpayer whose               tax     liability             is less than       or equal   to    two                                                                                                               
                                                                                                                      or more returns to                  properly     report    the activities                of the          
$100  does  not  need      to file      areturn              or pay  the  tax.                                 different                                                                     
                                                                                                                              taxpayer types within the group.
                                                                                                               Financial institution means  any   the   of                       following:                
Effects of Public Act 460 of 2018 
                                                                                                                  i. A bank        holding      company,   national   a              bank,   state   a             chartered    
Effective   with  tax  years beginning                   in   2019,         PA    460   of 2018                     bank,       a state      chartered         savings  bank,      a federally chartered                        
alters   the  definition of          total  equity       capital        for                  a financial            savings          association,  or a      federally chartered                      farm       credit         
institution.                                                                                                        system institution.                
Total equity capital                is  the  amount  reported by                   the  financial              ii.  Any  entity, other          than        an  entity    subject             to      the tax  imposed          
institution,     or  in the      case   of             a   Unitary Business Group                                   under         Chapter  12 (insurance               company),               that   is directly               
(UBG) of financial            institutions,          the    top-tiered           parent    entity,      on          or     indirectly  owned  by an                 entity   described            in      (i) and     is a          
certain    regulatory  forms designated                      by    the     Federal     Financial                    member   the   of        UBG.          
Institutions     Examination Council                     (FFIEC)           and    filed  with                  iii.        A UBG   entities   of        described              in (i)(ii),oror     both.          
the  office        of the  comptroller      of currency,                    the  Federal  Deposit            
Insurance Corporation                (FDIC),            or the Federal         Reserve        System.          NOTE: Because  the                      definition   financial   of                institution  for CIT          
                                                                                                               purposes           includes  any  entity (except                 an  insurance              company)             
                                                                                                            
   A financial institution will use the FFIEC regulatory report for                                            that       is owned         by      a bank      or other entity       (as        described          above)       
the period    ending        with     the  financial         institution’s           fiscal   year   end.                       a member          of a UBG with           its  owner,           this   may      cause     an     
                                                                                                               and is
Likewise, for            a unitary business          group               of financial institutions,                      that   not   is    commonly             thought       financial       of as a            institution   
                                                                                                               entity
the   taxpayer     uses  the FFIEC             regulatory            report     for  the    period                  be  treated as         one  for       return     filing   purposes.             A UBG      of               
                                                                                                               to
ending with      the      top-tiered-parent           entity’s          fiscal     year   end.         If the                    institutions  must file             a      combined return               on Form               
                                                                                                               financial
financial institution                or top-tiered parent             entity     does    not    submit                that        includes     each         member   the   of      group            that     financial     is a  
                                                                                                               4908
   a report for  the   period       ending      that      coincides            with       its fiscal year                            
                                                                                                               institution.
end,  the  taxpayer should              use  the    last     FFIEC          regulatory         report        
issued during            its fiscal year.                                                                      Taxpayer Certification                          
                                                                                                                    A return         filed  by      a UBG  must be            signed           by  an  individual               
The   Michigan  Department of                     Treasury         provides        additional                
                                                                                                               authorized   sign   to          on       behalf   the   of    DM.             Provide       the    telephone     
guidance     on these        changes        in Revenue             Administrative                            
                                                                                                               number   that   of          individual   the   at        DM’s     office.         
Bulletin     (RAB)  2019-22,  available                       at   michigan.gov/treasury  . 
Select “Reports                & Legal”     near    the  top             of the   page,     then  click        The Affiliated Group Election                                     
on   “Revenue  Administrative Bulletins.”                            RABs         are  posted                
according      to the  year      in which  they  are  issued.                                                  The                                                                                                             
                                                                                                                      affiliated         group election allows                a   group of persons                    that     
                                                                                                               satisfy the          definition   “affiliated   of          group,”           (see   below)      toelect to      
Instructions for Unitary Business Groups                                                                       be  treated     UBG     as a      under         the    CIT    even   those   if             persons      do  not   
                                                                                                               satisfy the         relationship           test   MCL   of    206.611(6).             The     relationship       
All   financial  institution members                     of a   Unitary         Business                       test       is discussed   the   in        “UBGs        and   Combined               Filing”         section      of
Group  (UBG)  must file              a      combined Form              4908       for  the     group           Form 4907,            and   online      at   www.michigan.gov/taxes. 
with       a Designated          Member        (DM)        that      must  be  the  controlling              
member      ofthe group,         unless     the   controlling            member        does    not             The                affiliated                                                                                    
                                                                                                                     term                      group means that term as   defined in   section 
have  nexus  with Michigan.                 If      that is      the case,    the  controlling                 1504   of                     except that              1)                                                         
                                                                                                                         the IRC                                           the term includes all                    United     
member  may  appoint a      group member                        with       nexus     to      serve as          States                                                                                                           
                                                                                                                             persons that are             corporations,       insurance               companies,               
the DM.                                                                                                        or                                                                                                              
                                                                                                                   financial institutions, other                    than   a   foreign operating                   entity,     
                                                                                                               and      2)the entities      listed      in      (1) are  commonly               owned,      directly            
NOTE:        The   DM        may  be an        entity      other       than     the  top-tiered                or indirectly,           by  any      member   such   of          affiliated          group         and    other   
parent  entity   the   if     top-tiered        parent        entity      does      not  have     nexus        members            of  which more             than   50    percent           of the    ownership                 
with  Michigan.   that   In          case,    the    top-tiered             parent    entity’s      total      interests  with  voting rights                  or      ownership interests                 that    confer       
equity capital      and      tax   year   still   is   used   calculate   to          the    tax  base.        comparable  rights   voting   to                   rights   the   of           member      isdirectly or      
                                                                                                               indirectly  owned     common     by a                   owner   owners.   or                
UBGs: Complete  the                 CIT Unitary Business Group Combined 
Filing Schedule for Financial Institutions                                (Form  4910)  before                      A taxpayer makes          the      election       by   affirmatively              indicating   on   so      
beginning Form            4908.                                                                                the  annual  return (see                line   8a).   The    affiliated            group     members             
                                                                                                               are   treated         as  members of          a UBG for          all         purposes.               Once an 
For   more  information on              UBGs,        see     the                CIT Forms and 
Instructions for Financial Institutions                                (Form  4907), or            go          election is made, it is irrevocable and binding for the tax 
                                                                                                               year plus the next 9 tax years.                            See MCL               206.691(2)          for   more   
online     to  the Department           of   Treasury         Web          site at               www. 
                                                                                                               information. 
                                                                                                                                                                                                                              9 

Line-by-Line Instructions                                                                                  for the    financial        institutions.        Enter      the  FEIN        of the DM                of the  
                                                                                                           financial group.      
Lines not listed are explained on the form. 
                                                                                                           Line 2b: For use by UBGs only:                              Enter  the name               of the    top-
Dates  must      be entered      in MM-DD-YYYY format.                                                     tiered  parenty  entity filing           the      FFIEC       report,  and       that     entity’s         
For periods less than 12 months,                         see    “General  Information                      FEIN. This        may            be different from      the    entity  named              in line          2a if
for   Financial    Institutions”              in the  Michigan  CIT for             Financial              the top-tiered        entity    does    not      have   nexus        with  Michigan.          
Institutions  booklet,  Form  4907.                                                                        Line 2c: Enter the             street   address            of the taxpayer        or,        in the case   
Amended Returns:                  To   amend      a current      or prior        year  return,             of      a UBG, the    DM.      
complete   the        CIT Amended Return for Financial Institutions                                        FOREIGN FILERS:                      Complete the              address  fields            as follows: 
(Form 4909)      that          is applicable for  that    year,   and      attach   a   separate          
sheet      explaining  the reason          for   the  changes.     Include                     a copy                Address: Enter  the  postal  address  for  this  taxpayer. 
of   an  amended  federal return             or          a signed  and  dated copy               of                  City:  Enter  the  city name               for      this  taxpayer.    DO       NOT              
the   Internal  Revenue  Service  (IRS) audit                   report,             if applicable.                   include  the  country  name      in this  field. 
Submit      a complete  amended return                 including         all  necessary                
attachments.  Do not include a copy of the original return with                                                      State:  Enter  the  two-letter  state      or province  abbreviation.  
your amended return.Find detailed                       instructions             on Form 4909.                          If there      is no  applicable  two-letter  abbreviation,  leave  this  
                                                                                                                     field  blank. 
Line  1: Unless   a   calendar           year,    enter     the  beginning        and      ending      
dates  (MM-DD-YYYY)  that correspond                                  to the  taxable       period                   ZIP/Postal Code: Enter  the  ZIP  Code      or Postal  Code. 
as reported           to the IRS.                                                                                    Country Code:               Enter the        two-letter     country          code                
Tax  year  means  the  calendar year,                 or   the  fiscal     year    ending                            provided      in this  tax  booklet. 
during  the  calendar  year,  upon  the  basis      of which  the  tax  base                               Line  3: Enter      a brief  description of                   the   principal      types     of            
of      a taxpayer      is computed.          If a return      is made  for      a fractional              financial  services      in which  the  taxpayer      is engaged. 
part          of a year,  tax  year  means  the  period  for  which  the  return  
covers. Generally,              a taxpayer’s tax       year        is for the  same        period          Line  4: Enter  the entity’s             six-digit         North    American        Industry               
as      is covered          by its federal income      tax  return.                                        Classification   System  (NAICS) code.                        For           a complete  list of            
                                                                                                           six-digit  NAICS  codes, see               the     U.S.       Census  Bureau        Web         site       
Line  2a:  Enter  the taxpayer’s              name       and  Federal      Employer                           at www.census.gov/eos/www/naics/,      or enter  the  same  NAICS  
Identification  Number  (FEIN)                     in the  appropriate        fields.     Be     sure      code  used  when  filing  the  entity’s  federal  Form  1120,  Schedule  
to  use  the  same  account  number          on all forms.  The  taxpayer  FEIN                            K,  federal  Form  1120S,      or federal  Form  1065. 
from  page      1must          be repeated      in the  proper  location      on page    2.
                                                                                                           UBGs: Enter  here the               NAICS         for  the    principal     activity                  of the  
For  CIT,       taxpayer  means      a corporation,  insurance company,                                    group.      If no    principal  activity                   is available,  enter  the NAICS                 
financial       institution,  or           a UBG  liable for       tax,    interest,      or               code  used  when filing             the  DM’s        federal      Form    1120,     Schedule               
penalty.                                                                                                   K;  federal  Form  1120S;      or federal  Form  1065. 
NOTE:  Unless  already registered,                    taxpayers       must     register                    Line 5:    Enter  the  start  date      of first  business  activity      in Michigan. 
with    the  Michigan Department                 of   Treasury     before      filing                 a   
tax   return.  Taxpayers are            encouraged         to  register    online        at                Line  6: Enter  the date,                    if applicable,       on  which the           taxpayer         
www.michigan.gov/businesstaxes                           . Taxpayers       that register                   went  out      of business. 
with    Treasury  online receive             their    registration       confirmation                      Line 7:  Check  the  box that                describes        the   DM’s       organization                
within seven      days.                                                                                    type.      A Trust   or      a Limited          Liability  Company (LLC)                  should           
   If the     taxpayer   does      not  have  an FEIN,          the   taxpayer         must                check  the  appropriate  box  based  on      its federal  return. 
obtain     an FEIN       before     filing   the CIT.      The   Web       site                            NOTE:  For CIT                 purposes,           a disregarded entity                is treated          as a
www.michigan.gov/businesstaxes                           provides        information on                    part          of its owner. 
obtaining      an FEIN. 
                                                                                                           Line 8a:  Enter  here  the end                  date   —      in  an  MM-DD-YYYY                           
Returns received without a registered account number will                                                  format   —       of  the  tax  year  in  which  the  affiliated  group 
not be processed until such time as a number is provided.                                                  election  was  first  made   . The                   election       lasts  10  years and                    is
Enter  the  two-digit abbreviation               for   the  country        code.    See     the            irrevocable. 
list      of country codes           in Form 4907.                                                         Calendar  year  filers  that  made  this  election  beginning  2013,  and  
Any refund            or correspondence from              this   return     will     be    sent       to   fiscal   filers  that  made this         election          beginning      with     the    2013-  
the address      used     on    this  form.    The     taxpayer’s         primary         address          14  fiscal  year,  completed the                  Michigan Corporate Income Tax 
in Treasury      files,   identified          as the legal   address        and   used       for  all      Affiliated Group Election to File as a Unitary Business Group                                              
purposes        other    than  refund and        correspondence            on             a specific       (Form  5114)      to make  the  election.  Enter  here  the  end  date  —      in
CIT return,      will     not   change   unless        the  taxpayer        files    a   Notice of         an  MM-DD-YYYY  format  —      of the  tax  year  for  which  Form  
Change or Discontinuance (Form 163).                                                                       5114  was  filed. 
UBGs:   In      the Taxpayer          Name     field,   enter     the     name           of the DM         Taxpayers   that  first made             this     election    beginning          calendar                  
                                                                                                           year   2014  or later               do not  use  Form 5114                       , which        is  now    

10 

discontinued.             Instead,  make the       election       on  this  line  of the                               which  the  loan      is secured      is not  located  within  any  one  
return  filed  for  the  first  year      of the  election,  by  entering  the  end                                    state but     the   borrower               is located      in Michigan. 
date      of that  filing  period          in an MM-DD-YYYY  format.                                          ○ For               a loan not    secured       by      real    property,           the    borrower             is   
Line  8b: Check  this  box      if filing      a Michigan  UBG  return  and                                            located      in Michigan. 
include  Form  4910.                                                                                       •  Receipts from            services     are           in Michigan      if the recipient                      of the  
Lines  9a through 9c:                       A  taxpayer may       apportion     on       lines           services                                                                                                              
                                                                                                                          receives all   of the benefit   of the services   in Michigan.   If
9a  through  9c only                   if its  business  activities  are subject               to tax    the                                                                                                                 
                                                                                                               recipient   of the           services        receives         some   of the            benefit   of the 
both  within  and  outside      of Michigan.      A financial  institution      is                       services                                                                                                            
                                                                                                                            in Michigan, the receipts are included   in the numerator                                            
subject to tax in another state,      as that  term      is used  here,  only    if:                     of                                                                                                                  
                                                                                                              the apportionment factor                      in proportion   to the                   extent        that   the 
                                                                                                         recipient receives            benefit           of the services             in Michigan. 
  •  It      is subject          to a Business  Privilege  Tax,      aNet     Income  Tax,      a
                                                                                                           •  Receipts   from         investment  assets and                     activities          and    trading               
Franchise  Tax  measured  by  net  income,      aFranchise                        Tax  for  the  
                                                                                                         assets   and  activities,  including interest                         and      dividends,              are             in
privilege      of doing  business,          or a corporate  stock  tax          or a tax      of
                                                                                                         Michigan      if the  financial  institution’s  customer          is in Michigan.  
the  type  imposed  under  the  Income  Tax  Act      in that  other  state;  
                                                                                                                If the  location      of the  financial  institution’s  customer  cannot  be  
OR 
                                                                                                         determined,  both      of the  following  apply: 
  •  That   other  state has           jurisdiction      to  subject  the financial                 
institution      to one      or more      of the         taxes    listed  above  regardless                   ○ Interest,                                                                                                        
                                                                                                                                     dividends, and other                   income        from       investment                  
of   whether  that state            does    or  does    not   subject  the financial                                   assets                                                                                                    
                                                                                                                                    and activities and             from      trading       assets       and                      
institution      to such      atax.                                                                                    activities,                                                                                               
                                                                                                                                        including, but not                  limited      to, investment                          
                                                                                                                       securities;   trading account                     assets;      federal       funds;                        
Gross Business  means                 the   sum      of the   following     less   transactions                        securities   purchased and                  sold      under       agreements                               
between  those  entities  included          in a UBG:                                                                  to   resell  or repurchase;              options;        futures         contracts;                        
   i. Fees,     commissions,              or  other compensation           for  financial                              forward                                                                                                   
                                                                                                                                      contracts; notional principal                       contracts             such             
                                                                                                                       as   swaps;  equities; and               foreign        currency            transactions                   
     services.
                                                                                                                       are    in  Michigan               if the   average  value of                the   assets               is   
ii.  Net  gains, not      less      than    zero,  from  the  sale    of loans        and                              assigned          to a regular          place      of business      of the               taxpayer  
     other  intangibles.                                                                                               in   Michigan.  Interest from                     federal      funds        sold  and                      
iii. Net  gains,  not  less  than  zero,  from  trading      in stocks,  bonds,                                        purchased         and    from  securities purchased                         under        resale            
     or  other  securities.                                                                                            agreements         and securities              sold     under      repurchase                              
iv.  Interest  charged      to customers  for  carrying  debit  balances      of                                       agreements         are  in Michigan                         if the  average value                of        
     margin  accounts.                                                                                                 the assets           is assigned          to a regular             place      of business   of   
       v. Interest  and  dividends  received.                                                                          the                                                                                                       
                                                                                                                            taxpayer   in Michigan.                      The amount                of receipts           and 
                                                                                                                       other      income  from  investment assets                         and       activities                   is
vi.  Any  other  gross  proceeds  resulting  from  the  operation          as a                                        in Michigan              if assets are       assigned                    to a regular place            of   
     financial  institution.                                                                                           business      of the  taxpayer      in Michigan. 
Gross  Business          is in Michigan      to the  extent:                                                  ○ The            amount of        receipts        from        trading       assets  and                             
  •  Receipts  from  credit  card  receivables  including  interest  and                                               activities,                                                                                               
                                                                                                                                        including, but not                  limited      to, assets         and                  
     fees      or penalties      in the        nature         of interest  from  credit  card                          activities                                                                                                
                                                                                                                                        in the     matched book,                   in the          arbitrage book,               
     receivables   and           receipts from       fees  charged      to  credit       card                          and                                                                                                       
                                                                                                                              foreign currency              transactions,              but excluding                             
     holders   such       as  annual fees          are         in Michigan      if the   billing                       amounts                                                                                                   
                                                                                                                                      otherwise sourced                   in  this     section,      are in                      
     address      of the  credit  card  holder      is located      in Michigan.                                       Michigan                                                                                               
                                                                                                                                         if the assets are assigned     to a regular place   of
                                                                                                                       business      of the  taxpayer      in Michigan. 
  •  Credit   card  issuer’s reimbursement                    fees  are    in  Michigan             
          if the   billing  address      of the    credit     card  holder            is located      in   •  Interest   charged  to  customers for                         carrying       debit        balances                  
     Michigan.                                                                                                on  margin  accounts  without  deduction      of any  costs  incurred  
                                                                                                              in  carrying the        accounts                        is in Michigan      if the        customer      is
  •  Receipts   from  merchant discounts                   are    in  Michigan                 if the  
                                                                                                              located      in Michigan. 
     commercial  domicile      of the  merchant          is in Michigan. 
                                                                                                           •  Interest  from  loans  secured by                        real    property                      is in Michigan  
  •  Loan   servicing  fees are                in  Michigan      under  any of    the               
                                                                                                                      if the  property      is located  in  Michigan,                           if the  property              is   
     following circumstances:                   
                                                                                                              located  both  within Michigan                       and      one              or more     other       states  
       ○ For            a loan  secured  by  real  property,      if the  real  property                      and more         than    50    percent              of the fair   market           value         of the real        
             for  which  the  loan      is secured          is in Michigan.                                   property      is located      in Michigan, and                          if more than        50      percent         
       ○ For            a loan  secured        by  real  property,      if the  real     property             of  the  fair market          value              of the     real  property                 is not    located  
             for  which  the  loan      is secured      is located  both      in Michigan                     within  any  one  state  but  the  borrower      is located      in Michigan. 
             and      in one      or more  other  states  and  more  than      50 percent                  •  Interest        from  loans not         secured            by  real      property         is in                     
             of  the  fair  market  value      of the  real  property      is located      in                 Michigan      if the borrower                     is located      in Michigan. 
             Michigan.                                                                                     •  Net      gains  from  the sale                   of loans       secured  by  real property                      
       ○ For            a loan  secured  by real         property,           if more     than  50             or       mortgage  service  rights relating                            to real       property  are             in   
             percent      of the  fair  market  value      of the  real  property  for                        Michigan      if the        property          is in Michigan,      if the                  property   is   
                                                                                                              located  both  within Michigan                       and      one              or more     other       states  

                                                                                                                                                                                                                           11 

       and more        than    50 percent             of the  fair market      value          of the  real        Line  15:  Enter  the equity       capital    included     in the      financial            
       property      is located      in Michigan,          or if more than               50      percent          institution   equity  capital (and       included    in line      10) of     an             
       of the    fair   market     value         of the real    property            is not located           in   insurance  company  owned by             the  taxpayer,              to the  extent  that   
       any one      state,    but  the  borrower               is located      in Michigan.                       the   equity  capital (the   financial      institution’s     investment)         is        
  •    Net gains       from    the  sale        of loans not       secured     by      real   property            included   in  line 10.   Consider       only  insurance       companies        as          
       or   any  other intangible          assets     are  in Michigan             if the                         defined   in  MCL  206.607 and           subject   to   the  Michigan’s         CIT         
       depositor      or borrower      is located      in Michigan.                                               premiums   tax,  which does        not    include   captive       insurance                 
  •    Receipts  from  the lease                  of real   property  are      in Michigan   if                   companies.     For      purposes         of this  deduction,  equity capital                  is
       the property            is located      in Michigan.                                                       calculated      in accordance  with  Generally  Accepted  Accounting  
  •    Receipts from          the   lease         of tangible personal            property         are       in   Principles. 
       Michigan      if the       property      is located      in Michigan                when          it is    UBGs: Sum  the  entries      of all  UBG  members  from  Form  4910,  
       first  placed      in service      by the lessee.                                                          line  16,  and  enter  the  totals  here. 
  •    Receipts  from  the lease                  of transportation          tangible  personal                  
       property are            in Michigan      if the property               is used      in Michigan            Line  16:  Enter the    minimum          regulatory      capitalization                     
       or      if the  extent      of use      of the    property            in Michigan          cannot          requirements   of  the insurance          company,       which    are fixed                 
       be   determined  but the          property        has      its  principal       base     of                statutory  minimums  set  forth      in Michigan’s  Insurance  Code      of
       operations      in Michigan.                                                                               1956. 
UBGs: Carry amount                  from      Form        4910,     Part  2A,     line   2C,            to line   UBGs: Sum  the  entries      of all  UBG  members  from  Form  4910,  
9a, and      the       amount   from    Form        4910,     line  3C,         to line 9b.                       line  17,  and  enter  the  totals  here. 
PART  1:  FRANCHISE  TAX                                                                                          Line 18:  Enter  the  lesser      of line  15a      or line  15c. 
Line 10:          Total equity capital   is              defined      as the amount           reported            UBGs: Sum  the  entries      of all  UBG  members  from  Form  4910,  
by  the  financial  institution  or,      in the  case          of a unitary  business                            line  19,  and  enter  the  totals  here. 
group      of financial           institutions,  the  top-tiered parent                 entity,      on                         If  not  claiming  the  CIT Historical           Preservation         Tax     
                                                                                                                  Line 22: 
certain        regulatory  forms designated                  by    the  FFIEC         and    filed                          carry  the  amount  from  line          21 to line  22.. 
                                                                                                                  Credit,
with the        office        of the  comptroller      of currency, the                 FDIC,      or the  
Federal Reserve            System.       The      appropriate        regulatory          form      from           PART  2:  PAYMENTS AND TAX  DUE  
which  total  equity capital                    is reported        depends  on  the  size and                     Line  25: Enter  overpayment  credited  from  prior  MBT      or CIT  
nature      of the reporting          entity.       The      forms      currently        designated               return. 
by  the  FFIEC  and  required      by the  CIT  are:   
                                                                                                                  UBGs:  Sum         the  entries       of all  UBG  members  on Form               4910,     
  •    The consolidated            financial      statement         for  holding        companies,                line  22. 
FR Y-9C.           
                                                                                                                  Line  26:  Enter     the  total  estimated CIT          tax  paid  with      the      CIT 
  •    The   parent  company only                financial        statements       for     small                  Quarterly Tax Return (Form 4913)                     or the  amount      of estimated  
holding companies,                 FR  Y-9SP.                                                                     CIT   tax  paid through    Electronic         Funds  Transfer.       Include      all       
  •    To the      extent  that    FR   Y-9C            or FR Y-9SP      are      not   filed    for     the      payments  made  on  returns  that  apply      to the  tax  year  included      in
tax year,       the    consolidated        reports             of condition and        income,        call        this  return. 
reports, FFIEC            031,     041,       or 051. 
                                                                                                                  UBGs:  Sum         the  entries       of all  UBG  members  on Form               4910,     
       If any      of these  reports        is no  longer      designated  by FFIEC                  for          line  23. 
filing,      a financial  institution  will report                 that   amount        of  total                
equity capital          reported      on        a successor form                   or a report similar            Line                                           Application for Extension of 
                                                                                                                          27: Enter tax paid     with      the   
in content          and  designated            by the FFIEC.                                                      Time to File Michigan Tax Returns                               
                                                                                                                                                                  (Form 4).
Line 11:           Michigan obligations  means      a bond,                        note,  or other                UBGs:                                                                                      
                                                                                                                             Sum     the entries     of all     UBG members on Form                 4910,        
obligation  issued  by      agovernmental                     unit  described                in Section   3       line      
                                                                                                                       24.
of the     Shared       Credit     Rating       Act,   Public       Act   227           of 1985, MCL              Line 28:       Report here   Michigan         Tax  withheld       for deferred                   
141.1053.                                                                                                         compensation   plans,  life insurance          and/or     lottery    annuities              
UBGs: Sum the               entries          of all UBG      members         from       Form       4910,          issued                                                                                     
                                                                                                                               to a business account        number    through       MCL        206.703(1). 
line 14,     and       enter  the  totals    here.                                                                Taxpayers                                                                                  
                                                                                                                                can enter the Michigan Tax withheld reported on the 
                                                                                                                  W-2G  and/or  1099R. 
Line  12:          United  States obligations                    means  all obligations                of        
the  United  States  exempt  from  taxation  under  31  USC  3124(a)                                              Also                                                                                       
                                                                                                                          report any credit    for  the    taxpayer’s      allocated       share  of             
or  exempt  under the             United       States    constitution                   or any    federal         Michigan                                                                                   
                                                                                                                                flow-through entity (FTE) tax levied on and paid by 
statute,   including  the obligations                    of  any   instrumentality              or                an                                                                                         
                                                                                                                     electing flow-through entity. Such an electing                        flow-through 
agency      of the  United  States  that  are  exempt  from  state      or local                                  entity                                                                                       
                                                                                                                         should be indirectly        owned      by  this   taxpayer.       Include             a
taxation  under  the  United  States  Constitution      or any  statute      of                                   copy                                                                                       
                                                                                                                           of the Schedule K-1 with the Schedule K-1 notes,   or other 
the  United  States.                                                                                              supporting                                                                         
                                                                                                                                   documentation received from              the  electing       flow- 
                                                                                                                  through  entity,      to support  the  credit  claimed  on  this  line. 
UBGs:  Sum  the  entries      of all  UBG  members  from  Form  4910,  
line  15,  and  enter  the  totals  here.                                                                         UBGs:                                                                                      
                                                                                                                           Sum the entries for all members on Form 4910, line 25, 
                                                                                                                  and  enter  the  totals  here. 
12 

Line 31:           If penalty        and   interest      are  owed      for  failure      to make              Reminder:  Taxpayers must             sign  and  date  returns.  Tax              
sufficient   and  timely estimated                payments,         complete          the           CIT        preparers   must  provide           a Preparer Taxpayer   Identification          
Penalty and Interest Computation for Underpaid Estimated                                                       Number   (PTIN),  FEIN or     Social    Security      number    (SSN),              a
Tax  (Form  4899)  to compute                     penalty  and   interest      due.                        If abusiness  name,  and      abusiness      address  and  phone  number. 
taxpayer  chooses  not                 to file    this  form,  Treasury  will compute                   
penalty   and  interest and           bill    for    payment.       (Form     4899  is                         Other Supporting Forms and Schedules 
available on     the   Web        at  www.michigan.gov/taxes.)                                                 Federal Forms: Attach  copies      theseof         forms      theto  return. 
Line  32:  Refer  to the         “Computing              Penalty        and Interest”                            • The  consolidated  financial  statement  for  holding  companies,  
section      in Form     4907      to determine           the  annual return             penalty                   FR  Y-9C. 
rate and   use   the   following         Overdue          Tax  Penalty        worksheet.                         •         parent  company only      financial  statements     for  small        
                                                                                                                   The
                                                                                                                   holding  companies,  FR  Y-9SP. 
          WORKSHEET – OVERDUE TAX PENALTY                                                                        • To  the  extent  that  FR  Y-9C or      FR  Y-9SP  are  not  filed  for  the  
A.   Tax due     from     Form        4908,        line    30........                               00             tax  year,  the  consolidated reports     of      condition and  income,      
B.   Late/extension      or insufficient                                                                           call  reports,  FFIEC  031,  041,      051.or 
     payment penalty              percentage          ................                              %            •    A report  similar      contentin  and  designated      theby  FFIEC. 
C.   Multiply line                 A by line   B.....................                               00 
Carry amount        from        line            C to Form 4908,   line   32.   

Line 34:    Use  the  following             worksheet      to calculate               Overdue       Tax  
Interest. 

         WORKSHEET – OVERDUE TAX INTEREST 
A.   Tax  due  from  Form  4908,  line    30........                                                00 
B.   Applicable  daily  interest  percentage   ....                                                 % 
C.   Number      of days  return  was  past  due    ...
D.   Multiply  line          B by line       C .................... 
E.   Multiply  line          A by line       D ....................                                 00 
Carry  amount  from  line          E to Form  4908,  line  33. 

NOTE:   If      the  late  period spans              more  than         one  interest      rate         
period,  divide  the  late period             into   the  number                   of days      in each  
of  the  interest  rate  periods  identified      in the  “Computing  Penalty  
and  Interest”  section      in Form  4907,  and  apply  the  calculations  
in   the  Overdue Tax            Interest   worksheet         separately       to each                  
portion      of the  late  period. 
Combine   these  interest  subtotals and                  carry         the  total             to Form  
4908,  line  33. 
PART  3:  REFUND OR CREDIT  FORWARD 
Line 35:   If      the   amount      of the          overpayment,  less  any penalty                    
and  interest  due  on  lines  31,  32  and  33      is less  than  zero,  enter  
the  difference  (as      apositive          number)  on  line  34. 
NOTE:   If      an  overpayment exists,                        a taxpayer  must elect                       a
refund      of all          or a portion      of the  amount  and/or  designate  all      or
   a portion      of the  overpayment      to be  used      as an  estimate  for  the  
next  CIT  tax  year.  Complete  lines      36 and          37 as applicable.  
Line 36:       If  the  taxpayer anticipates                        a CIT  liability in        the      
filing   period  subsequent to             this   return,     some      or all  of    any               
overpayment from                line  35   may     be    credited        forward            to the next   
tax  year      as an  estimated  payment.  Enter  the  desired  amount      to
use          as an estimate  for  the  next  CIT  tax  year. 
Line 37:  Enter  the  amount      of refund  requested. 

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