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.
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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?
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