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Level 2
March 3, 2021
Question

Schedule K-1 (Form 1041) Minnesota Return

  • March 3, 2021
  • 2 replies
  • 0 views

Does the amount reported on Schedule K-1 (Form 1041) Box 11, Code A (which is treated as a deduction to arrive at adjusted gross income on Schedule 1, line 22) require any special treatment on the Minnesota Income tax return?

    2 replies

    Level 15
    March 3, 2021

    Probably not since it is an adjustment to income, but have you checked the MN DOR web site?

     

    https://www.revenue.state.mn.us/individual-income-tax

    bob651Author
    Level 2
    March 13, 2021

    Yes it does and TurboTax recently updated the treatment of this item for Minnesota.