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New Member
posted Apr 19, 2021 2:24:25 PM

IN THE MN PROPERTY TAX REFUNDS STEP 1 LAST LINE : What does Property classification mean? Tax forms say Res Hmstd not letters/numbers given

I can't locate the number/letter for the property classification of Residential Homestead

1 5 6956
5 Replies
Expert Alumni
Apr 23, 2021 7:47:20 PM

Form M1PR instructions - Minnesota Department of Revenue shows: homestead, non-homestead, commercial and special homestead (blind or disabled). You must be a residential homestead and your form is correct.

New Member
May 10, 2021 11:48:53 AM

That answer is not helpful. In TurboTax we must select a number-letter code, while our MN property tax form shows only Res Hstd. What is the corresponding number-letter code?

Expert Alumni
May 11, 2021 3:33:51 PM

@AnneS3  When you go through the screens, there is a dropdown box for property classification. The first selection is Residential Homestead and then the box changes to 1a automatically.

New Member
Apr 7, 2023 11:16:30 AM

There is a blank box that you cannot type into. Then numbers drop down after that without saying what the numbers are for. Are you saying the BLANK box is "res hmstd" ? Guessing this is a flaw on Turbo Taxes end that they missed?

Expert Alumni
Apr 7, 2023 11:41:07 AM

Yes, 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