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ANB
Level 3

Minnesota M1 Line 4

The standard deduction for married filing jointly is coming up as 25050 instead of 25100.  Should I change it? And if so how?

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2 Best answer

Accepted Solutions
ThomasM125
Expert Alumni

Minnesota M1 Line 4

@ANB the Minnesota standard deduction for married filing joint is $25,050 in 2021 per the instructions for form M1.

 

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ANB
Level 3

Minnesota M1 Line 4

 I guess the $25,050 is correct for Minnesota as per the www.revenue.state.mn.us/minnesota-standard-deduction

 

Amount of Minnesota's Standard Deduction

 

IF YOUR FILING STATUS IS THEN YOUR MINNESOTA STANDARD DEDUCTION IS

Single or
Married Filing Separately

 ​$12,525
  • Add $1,650 (Single) or $1,300 (Married Filing Separately) if you are blind.
  • Add $1,650 (Single) or $1,300 (Married Filing Separately) if you were born before January 2, 1957.

View solution in original post

4 Replies

Minnesota M1 Line 4

You're right.  It should be 25100.  I would change it. 

 https://www.kiplinger.com/taxes/tax-deductions/602223/standard-deduction

 

ANB
Level 3

Minnesota M1 Line 4

Also had trouble with Federal 1040,  line 12b and the charitable contribution if you take the standard deduction and file married filing jointly, and have given more than $600 you should be able to record $600 on line 12b and then on line 12c add 12a standard deduction amount and 12b the charitable contribution amount.  At the final review, the number populates back to $300. It then continues to show up as an error.  So, I had to manually change the number and fix the errors but not run the error check again.

ThomasM125
Expert Alumni

Minnesota M1 Line 4

@ANB the Minnesota standard deduction for married filing joint is $25,050 in 2021 per the instructions for form M1.

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
ANB
Level 3

Minnesota M1 Line 4

 I guess the $25,050 is correct for Minnesota as per the www.revenue.state.mn.us/minnesota-standard-deduction

 

Amount of Minnesota's Standard Deduction

 

IF YOUR FILING STATUS IS THEN YOUR MINNESOTA STANDARD DEDUCTION IS

Single or
Married Filing Separately

 ​$12,525
  • Add $1,650 (Single) or $1,300 (Married Filing Separately) if you are blind.
  • Add $1,650 (Single) or $1,300 (Married Filing Separately) if you were born before January 2, 1957.

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