It seems MN tax exempt numbers still don't work right in all cases. Specifically, I have two 1099INT Box 3 Treasury Bond amounts uploaded directly from my accounts totalling $7185. On MN form M1M line 14 it shows $6596 for Treasury Bonds. Why the lower (and different) number I can not reconcile. Error #1.
For MN filing Error #2, I have Agency bond interest received that MN Revenue confirms this specific agency interest is tax exempt in MN (Some agency bonds are MN exempt, some are not). MN Revenue tells me to enter it in M1M Line 14 (even though it is not specifically a Treasury). I don't see any way to append or over-ride the M1M line 14 to update it for this Agency bond interest. So best I can tell, I have an understated MN form M1M line 14 Treasury bond interest amount (error #1) and I can not reflect the Agency bond interest payment as MN tax exempt (error #2).
Solutions for Error #1 and Error #2? Thanks.
