2020 Minnesota Schedule M1SLC, Student Loan Credit

[Riley42]

I am a Minnesota resident trying to file my taxes on Turbo Tax. I qualify for the 2023 Schedule M1SLC, Student Loan Credit. I've taken out tens of thousands in student loans, but the website only lets me enter a maximum of $5,000. I'm wondering how to get around this so I can enter the correct amount for my state taxes.

[DaveF1006]

The maximum credit is $500 each year or $1,000 for married couples filing a joint return. Adding more money may be futile since it will not add more to the credit if you are already at the maximum credit. You may find more information here.