Form 2720 Return for Education Tax, Mobile Home Tax, Agriculture Property Recapture Tax and Eligible Tax Reverted Property Specific Tax - Michigan

What Is Form 2720?

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 2720 used for?A: Form 2720 is used for filing the Return for Education Tax, Mobile Home Tax, Agriculture Property Recapture Tax, and Eligible Tax Reverted Property Specific Tax in the state of Michigan.

Q: What taxes are reported on Form 2720?A: Form 2720 reports the Education Tax, Mobile Home Tax, Agriculture Property Recapture Tax, and Eligible Tax Reverted Property Specific Tax.

Q: Who needs to file Form 2720?A: Michigan taxpayers who are liable for the Education Tax, Mobile Home Tax, Agriculture Property Recapture Tax, or Eligible Tax Reverted Property Specific Tax need to file Form 2720.

Q: Is Form 2720 for both individuals and businesses?A: Yes, both individuals and businesses may need to file Form 2720 depending on their tax liabilities.

Q: When is the deadline for filing Form 2720?A: The deadline for filing Form 2720 in Michigan is usually April 30th of the tax year. However, it is always recommended to check the current year's instructions for any updates or changes.

Q: Are there any penalties for not filing Form 2720?A: Yes, failing to file Form 2720 or filing it late may result in penalties and interest charges.

Q: Can I e-file Form 2720?A: Currently, e-filing is not available for Form 2720 in Michigan. It must be filed by mail.

Q: What supporting documents do I need to attach with Form 2720?A: The specific requirements for supporting documents may vary depending on the tax types being reported. It is best to carefully review the instructions provided with Form 2720 for the required documents.

Q: Can I make a payment with Form 2720?A: Yes, if you have a tax liability, you can make a payment along with Form 2720 using appropriate payment methods, such as check or money order.

Q: Can I file an amended Form 2720?A: Yes, if you need to make changes to a previously filed Form 2720, you can file an amended return using the same form.

Q: Is Form 2720 specific to Michigan?A: Yes, Form 2720 is specific to the state of Michigan and is not used for federal or other statetax purposes.

Q: Can I file Form 2720 electronically?A: No, Form 2720 must be filed by mail and cannot be submitted electronically.