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New Member
posted Apr 3, 2021 9:45:57 AM

DOES ONE OF THE PROPERTY CLASSIFICATION CODES EQUAL RES HMSTD FOR M1PR

MN M1PR CLASSIFICATION

0 3 406
3 Replies
Expert Alumni
Apr 5, 2021 12:47:26 PM

Yes, homestead is residential homestead. Otherwise, you would choose commercial.. Form M1PR instructions - Minnesota Department of Revenue shows options of: homestead, non-homestead, commercial and special homestead (blind or disabled).

Returning Member
Apr 12, 2023 10:36:22 PM
Expert Alumni
Apr 13, 2023 7:13:21 AM

If you are using TurboTax Online, when you click the down arrow and select 1a from the dropdown list it will be calculated as residential homestead for the Property Tax Refund Credit
 



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