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Minnesota PTET credits

Does Turbo Tax support MN PTET credits?  What line is that going to be entered on?

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1 Reply
RobertB4444
Employee Tax Expert

Minnesota PTET credits

When you start your Minnesota tax return there will be a section for "Income that Minnesota handles differently".  Since you have the K1 entered on your federal return you will get an option to enter a "Pass through entity payment".  Once you have entered it schedule PTE will be added to your return with the amount paid on your behalf included on it.

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