Eligible Michigan Residents to Receive Working Families Tax Credit in 2024

The State of Michigan announced Thursday (12/14) that eligible Michigan residents will be receiving Working Families Tax Credit checks in early 2024.

The Working Families Tax Credit checks are expected to be sent out to more than 700,000 households in Michigan. The average family's take is expected to be about $550.

Working Families Tax Credit Checks Expected in Early 2024

The checks - expected to be sent out in early 2024 - are part of the $1 billion in tax cuts signed into law earlier this year by Governor Gretchen Whitmer. Whitmer said in a press release that the move indicates that economic progress is being made in Michigan and in the United States.

"By quintupling the Working Families Tax Credit, we’re putting an average of $550 back in the pockets of 700,000 Michigan families ahead of schedule,” said Governor Whitmer. “This directly benefits half the children in Michigan, and moms and dads can use this extra money at tax time to pay the bills, put food on the table, and buy school supplies. Across the United States, inflation is decreasing, and take-home pay is increasing, proving that our work in Michigan and President Biden’s efforts in Washington are moving us in the right direction."

Who Will Qualify to Receive a Working Families Tax Credit Check?

According to WILX-TV, families' eligibility to receive the checks will be based on 2022 tax returns. The amount of the check issued to each family will be difference between the 6% tax credit Michiganders received on their tax return and the 30% owed under the new law.

Checks are expected to begin rolling out on February 13, 2024. No action is necessary for qualified families to receive a check.