Form 5323 City of Detroit Income Tax Withholding Monthly / Quarterly Return - Michigan

What Is Form 5323?

This is a legal form that was released by the Michigan Department of Treasury - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 5323?
A: Form 5323 is the City of Detroit Income Tax Withholding Monthly/Quarterly Return.

Q: What is the purpose of Form 5323?
A: Form 5323 is used to report the income tax withheld from employees' wages in the City of Detroit.

Q: Who needs to file Form 5323?
A: Employers who withhold income tax from employees' wages in the City of Detroit need to file Form 5323.

Q: Is Form 5323 specific to Michigan?
A: Yes, Form 5323 is specific to the City of Detroit in Michigan.

Q: How often should Form 5323 be filed?
A: Form 5323 should be filed either monthly or quarterly, depending on the taxpayer's withholding amount.

Q: Are there any penalties for not filing Form 5323?
A: Yes, failure to file Form 5323 or filing it late may result in penalties and interest.

Q: What information is required on Form 5323?
A: Form 5323 requires information such as employer details, total wages paid, tax withheld, and other related information.

Q: Is there a due date for filing Form 5323?
A: Yes, Form 5323 must be filed by the due date, which is generally the 15th day following the end of the reporting period.