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Retirement tax questions
The M1QPEN form is used for the Qualified Public Pension Subtraction in Minnesota, which applies if you receive certain public pension payments. If you don't have any pensions, these steps can help resolve the issue:
- Federal Wage Section: Go back to the federal wage section and ensure there are no entries in the state boxes or informational boxes like box 12, box 14, or boxes 15-20 on your W-2 that might prompt the form. Box 12 can include codes for retirement plan contributions, such as 401(k), 403(b), and 457(b) plans. Box 14 often includes additional information like state-specific pension contributions. Boxes 15-20 are used for state and local tax information, which might include state pension contributions.
- Delete State: Go to the state section, click on the trash icon next to Minnesota (MN) to delete it.
- Re-add State: Click "Add State" and add Minnesota (MN) back. This will reset the state section and allow you to walk through it again quickly.
‎February 11, 2025
5:17 AM