topic Re: MN Itemized Deduction in Get your taxes done using TurboTax

MN Itemized Deduction

Taxlax — Wed, 09 Jan 2019 17:30:29 GMT

I was trying to check for MN State Itemized deduction MN State Turbo Tax Deluxe, so that I can compare Standard vs Itemized deductions. I was unable to find M1SA form on TurboTax Deluxe CD. Any suggestions?

Re: MN Itemized Deduction

beancounter99 — Thu, 17 Jan 2019 17:19:55 GMT

I talked to a TurboTax expert this morning. The Minnesota M1SA will not be available until Jan. 24.

Re: MN Itemized Deduction

trh75 — Fri, 25 Jan 2019 13:12:46 GMT

There was an update yesterday, but TurboTax smart check is still giving me an error saying the M1SA isn't final.

Re: MN Itemized Deduction

Sholm — Fri, 25 Jan 2019 17:31:15 GMT

I too have received an email stating the M1SA tax forms are ready to go. Have walked through forms and still get a check entry message. Ready to click "Continue Without Fixing" button!

Re: MN Itemized Deduction

mmhegarty — Fri, 25 Jan 2019 17:55:30 GMT

Thank you for this information. I tried to file today but am still getting that message saying it's not available.

Re: MN Itemized Deduction

maripuri — Sat, 26 Jan 2019 01:14:18 GMT

Is everyone here using the CD version of is anyone using the web / iPad online version? I am using the online one and see no option for the M1SA form yet, even though TurboTax claims the form is available for both online and CD now. Frustrating.

Re: MN Itemized Deduction

trh75 — Sat, 26 Jan 2019 01:21:08 GMT

I'm using the cd version.

Re: MN Itemized Deduction

Taxlax — Sat, 26 Jan 2019 02:01:43 GMT

I am using TT Deluxe CD version. M1SA form is there but does not work properly. eg I have Mortgage interest transferred from Fed return it shows error message. I am afraid to file because it may not go. I will be paying TT $25 for nothing. I have seen messages before they do not refund either if it is not accepted by IRS.

Re: MN Itemized Deduction

beancounter99 — Sat, 26 Jan 2019 02:21:30 GMT

I am using the download version, and having the same experience as everyone else, in one form or another. I will wait a while before I file my tax returns to see what TurboTax finally comes up with. Over the years I've become more frustrated each year and am thinking it's time to find another software.

Re: MN Itemized Deduction

maripuri — Sat, 26 Jan 2019 14:07:49 GMT

It worked on the online version today, but I had to edit one of my federal deductions to "force" MN to recalculate with the M1SA instead of the standard deduction.

Re: MN Itemized Deduction

Taxlax — Sun, 27 Jan 2019 03:34:38 GMT

I just found there is a work sheet for Mortgage calculations on "forms" which need to be linked to Mortgage entry on M1SA MN itemized Deduction. However these are not linked and that may be the reason I get red flag in spite the numbers are same. It appears in MN Mortgage interest is calculated on several other factors and not necessarily the number what you get on 1098. Software engineers to pay attention for this for correction.

Re: MN Itemized Deduction

pjknight01 — Mon, 28 Jan 2019 14:33:17 GMT

I’m on the online version and it keeps forcing the MN standard deduction. It does not seem to be working with the M1SA form yet as our Federal Itemized amount is higher than the 2018 standard deduction. Is there some secret way for the itemized amount to replace the MN standard deduction?

Re: MN Itemized Deduction

pjknight01 — Mon, 28 Jan 2019 14:56:33 GMT

Update to above post. I got it working! I had to temporarily change my Federal to take the itimezed deduction even though the standard one is larger. Doing that forced MN to take the itemized deduction. I switched the federal return back to the standard deduction and the new MN data kept.

Re: MN Itemized Deduction

breynolds — Mon, 28 Jan 2019 16:16:24 GMT

Having difficulty with this myself, this is my second time using TurboTax but it keeps telling me "Minnesota tax return contains home mortgage interest which has not been finalized. Do not file the return until this calculation is finalized in the upcoming release of TurboTax Minnesota"

Re: MN Itemized Deduction

Taxlax — Mon, 28 Jan 2019 16:28:34 GMT

As I am going to take Standard Deduction on Both Federal as well as MN State I decided to remove 1098 Mortgage Interest from Federal return. The red Flag cleared and the mortgage payment on M1SA also cleared and return was ready for filing.

Re: MN Itemized Deduction

beancounter99 — Mon, 28 Jan 2019 16:33:02 GMT

They've done this before. The last time they hadn't decided if the mortgage insurance premium was deductible. I expect it's a similar situation again that will be resolved before long. I had to file an amended return the last time, so I'm going to wait until they get it figured out before I file this year.

Re: MN Itemized Deduction

liljohn0887 — Mon, 28 Jan 2019 19:15:17 GMT

Dealing with the same issue. Talked to TT today and was told MN is making "updates" to the M1SA form and have not yet provided the most updated version to TT which is why we are getting the "Check this Entry" message.

Re: MN Itemized Deduction

Ker16 — Mon, 28 Jan 2019 21:01:28 GMT

I am also using the download version and experiencing the same glitch. TT has a post that says a fix is going in on 2-2 19. Do you think this will automatically apply when I run the state check?

Re: MN Itemized Deduction

Ker16 — Mon, 28 Jan 2019 21:02:59 GMT

Can you tell me how you forced it? Apparently a fix going in on 2-2. Thanks for any info!

Re: MN Itemized Deduction

Ker16 — Mon, 28 Jan 2019 21:12:56 GMT

Did they happen to say if all versions will automatically update when the fix is applied? I was given a date of 2-2 but signed up for the email notification anyway. Thanks for any info!