MN2V Posted January 28, 2009 Report Posted January 28, 2009 Okay, The situation is this... Form M1NC was automatically added to my forms. MFJ return, didn't itemize but took the $1000 Real Estate Tax additional standard deduction...When it flowed over to MN form M1NC is not required as the info goes on M1M line 11, but if the MN1NC form is in the return, an incorrect calculation is made on line 29 and line 30 which carries over to MN 1 page 1 line 8..leaving their taxable income $1000... I sent an e-mail to ATX support, but who knows how long it might take. Quote
GLJEANNE Posted January 29, 2009 Report Posted January 29, 2009 I'm not finalizing MN returns yet if the client can wait. The legislature hasn't voted yet on accepting the Fed changes, so this provision and others will likely be changing soon. Easier to wait than to ammend! Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.