K-1 Form 1041 Minnesota Return

How are Excess Deductions on Termination reported on K-1, Form 1041, Line 11, Code A treated on a Minnesota Income Tax Return? I know how they are reported for Federal Tax Purposes, I need to know if any adjustments are needed when determining Minnesota Adjusted Gross Income.

437

Level 15

Mar 3, 2021 12:04:09 PM

See K-1 (Form 1041) Excess Deductions on Termination (intuit.com)

Level 1

Mar 3, 2021 1:36:37 PM

Does the amount reported on Schedule K-1 (Form 1041) Box 11, Code A (which is treated as a deduction to arrive at adjusted gross income on Schedule 1, line 22) require any special treatment on the Minnesota Income tax return?

Level 15

Mar 3, 2021 2:56:32 PM

See Re: Schedule K-1 (Form 1041) Minnesota Return (intuit.com)

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K-1 Form 1041 Minnesota Return