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MI Form 8288-B: What You Should Know
If all the following conditions are met and no withholding has been required, enter “NO WITHDRAWAL” No withholding is due, and/or the taxpayer has not received an estimate from the IRS, and/or the taxpayer does not owe additional tax. If one or more of the conditions above occur, enter “YES WITHDRAWAL” Read instructions on page 2 before completing this form. If any income tax is due, and it exceeds the exemption amount, enter “NO INTEREST” If the taxpayer is required to make an insurance payment, enter “YES INTEREST” If any taxes are due but have not been applied, enter “YES INTEREST” If no interest on the balance would be paid, enter NO INTEREST” If no interest has been paid, (i.e.
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