I try calling and the robo help sends irrelevant stuff. When I ask for a representative it cannot parse my name correctly, and unable to find an account, hangs up on me. Searching "M1SLC" from the desktop, I find this answer from 2018 - it seems problem the current 2021 app is asking the first question about the amount paid toward qualified student loans, but then does NOT go to the next screen where one would enter the total amount of qualified student loan original balances used to pay for secondary education OR $5000, whichever is less. Consequently Form M1SLC is not complete and cannot forward values to for M1C, so the error catches that but apparently there is no way to complete these forms; hence the loop and the inability to file the forms.
How do we make TurboTax know about this technical error so they can fix it?
Minnesota student loan credit?
by geraldheppner•32•Updated January 05, 2022
How to get it in my tax form (turbotax screens steps) ?
Best Answer
by TurboTaxJulieCo
As you prepare your Minnesota tax return in TurboTax, you will eventually be brought to a screen that is titled "Let's Check for Minnesota Nontaxable Income." This screen lists the Student Loan Credit as one of the items. See sample screenshot attached. Select YESthat you want to see if you qualify for those benefits.
After this, you will be brought through several screens until you come to one labeled "Student Loan Credit" where you can select whether you made any qualified education loan payments. Select YES and then you will be brought to the screen where you enter the amount paid toward qualified student loans in 2018. See sample screenshot attached.
The next screen is where you will enter the total amount of qualified student loan original balances used to pay for secondary education OR $5000, whichever is less. The credit will then be calculated on that amount. See sample screenshot attached. The next screen should confirm the amount of your student loan credit to be included on your Minnesota return.
