Whitmer: 700K Michigan households will get tax refund checks starting in February ⋆ Michigan Advance

Beginning Feb. 13, more than 700,000 Michigan families will receive tax rebate checks averaging approximately $550. Gov. Gretchen Whitmer announced the rebates Thursday morning, which will come ahead of schedule, as part of $1 billion in tax cuts she signed into law earlier this year that also decreased taxes on retirement income. The Working Families Tax Credit for lower-income workers, also known as the Earned Income Tax Credit (EITC), was quintupled from 6% to 30% of the federal credit beginning with the 2023 tax year. It applied retroactively to 2022,...