You'll need to sign in or create an account to connect with an expert.
Yes, your MN tax rebate is taxable on your federal tax return but not on your MN tax return. Follow the steps below to enter your 1099-MISC for your MN tax rebate:
You will see the income on line 8z with a description of Other Income (which will flow line 8 of your 1040). When you pay for TurboTax, you will be able to view your forms.
Follow the steps below to deduct your MN tax rebate from your income so you won’t pay state tax on it:
You will see the subtraction of your MN rebate from your income on line 7 of your MN M1 form since your rebate is not taxable in MN.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
nomad
Returning Member
Mountain Pursuits
New Member
mbdowty
Level 1
knownoise
Returning Member
TomG6
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.