what is the pension deduction amount for the state of michigan
The limits for the Michigan standard deduction or the deduction for pension and retirement benefits are as follows: 1  Single filers (or married, filing separately) born in 1946 may claim a Michigan standard deduction of $35,000.ingle pension deduction per month = $35,000/12 = $2,916.67 Married pension deduction per month = $55,000/12 = $4,583.33 Personal exemption allowance = $3,950/12 = $329.17 per exemption.