us-mi/guidance/treasury/rab/2026-1/block-20 — 4. Compare results: $12,200 is less taxable income than $15,000; therefore, Claude takes the retirement subtraction . · Axiom

Axiom
Michigan
Guidance
Treasury
Rab
2026 1
Block 20

4. Compare results: $12,200 is less taxable income than $15,000; therefore, Claude takes the retirement subtraction .

Official source

Example J. Assume Claude has the same income in 2026 as he did in Example I and that the personal exemption amount remains the same. Because of PA 24, Claude does not have to reduce his 2026 standard deduction by his Social Security subtraction. Claude would evaluate his options as follows:

← 3. Calculate taxable income if claiming the retirement and pension benefits subtraction:2. Calculate taxable income if claiming the standard deduction: →