in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
337503
I wonder if the calculation is using the 2017 Federal standard deduction amount or the 2016 Federal standard deduction amount when computing the result for that line. The result from the Smart Worksheet line B shows $12,600. Should it be $12,700? A look at the Minnesota Department of Revenue website for 2017 Form M1 suggests $12,700. What do you think?
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Yes, the program is wrong. It was reported a few days ago, so it probably won't be fixed until mid-February.
Yes, the program is wrong. It was reported a few days ago, so it probably won't be fixed until mid-February.
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