This version of the form is not currently in use and is provided for reference only. Download this version of Schedule M1M 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 Schedule M1M?
A: Schedule M1M is a form used in Minnesota to report income additions and subtractions.
Q: What are income additions?
A: Income additions are amounts that need to be added to your taxable income.
Q: What are income subtractions?
A: Income subtractions are amounts that can be subtracted from your taxable income.
Q: Why do I need to report income additions and subtractions?
A: Reporting income additions and subtractions ensures that your taxable income is accurately calculated.
Q: What types of income can be reported as additions?
A: Examples of income additions may include certain types of retirement income, rental income, and capital gains.
Q: What types of income can be reported as subtractions?
A: Examples of income subtractions may include certain types of investment losses, child care expenses, and student loan interest.
Q: Do I need to file Schedule M1M even if I have no income additions or subtractions?
A: No, if you have no income additions or subtractions, you do not need to file Schedule M1M.
Form Details:
Download a fillable version of Schedule M1M by clicking the link below or browse more documents and templates provided by the Minnesota Department of Revenue.