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Seem to be missing Form M1LTI on my MN Tax Return

Should get a tax credit on MN Tax Return for Long Term Care payments
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2 Replies
JamesG1
Employee Tax Expert

Seem to be missing Form M1LTI on my MN Tax Return

Report the Minnesota Long Term Care Insurance Credit in TurboTax Online, in the Minnesota state income tax return, at the screen Minnesota Credits, select Long-Term Care Credit.

 

The credit is reported on Minnesota schedule M1LTI, Minnesota schedule M1C and Minnesota form 1, line 16.

 

Long Term Care Insurance Credit

 

You may claim the Long-Term Care Insurance Credit if you purchase insurance to provide long-term care coverage for yourself or your spouse, such as nursing home coverage.

 

To qualify, the policy you purchased must:

 

The amount of the credit is 25% of the policy premiums, up to $100 per beneficiary. For married couples, separate policies or premiums are not required. One policy covering both spouses qualifies for the $200 maximum credit.

 

 

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Seem to be missing Form M1LTI on my MN Tax Return

Thanks.  I should have specified that I was using the online version of Turbo Tax. I switched to the desktop version and was able to find the tax credit question listed in the state return. I could not find that tax credit question using the online version. I also searched for the M1LTI form in the online version and got no answer returned.

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