This version of the form is not currently in use and is provided for reference only. Download this version of Schedule M1PSC for the current year.
This is a legal form that was released by the Minnesota Department of Revenue - a government authority operating within Minnesota. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is the Schedule M1PSC Credit?
A: The Schedule M1PSC Credit is a tax credit available to parents of stillborn children in Minnesota.
Q: Who is eligible for the Schedule M1PSC Credit?
A: Parents who experienced a stillbirth in Minnesota are eligible for the Schedule M1PSC Credit.
Q: How much is the Schedule M1PSC Credit?
A: The Schedule M1PSC Credit is $2,000 per stillborn child.
Q: What documents are required to claim the Schedule M1PSC Credit?
A: To claim the credit, you will need to provide a copy of the fetal death certificate and any other documentation required by the Minnesota Department of Revenue.
Q: How do I claim the Schedule M1PSC Credit?
A: You can claim the Schedule M1PSC Credit by filling out Schedule M1PSC and attaching it to your Minnesota income tax return.
Q: Can the Schedule M1PSC Credit be carried forward or transferred?
A: No, the Schedule M1PSC Credit cannot be carried forward to future years or transferred to another taxpayer.
Q: Is the Schedule M1PSC Credit refundable?
A: Yes, the Schedule M1PSC Credit is refundable, which means it can reduce your tax liability and provide a refund if the credit exceeds your tax liability.
Form Details:
Download a fillable version of Schedule M1PSC by clicking the link below or browse more documents and templates provided by the Minnesota Department of Revenue.