I moved to Minnesota in 2024 from another state. On my MN state return, there are 2 different screens that seem to be asking the same question, and I want to be sure I'm understanding this correctly.
One screen is titled "Income Allocations", and says "Enter the portion of the following income that should be allocated to Minnesota". It lists several categories of income (wages and salaries, taxable interest and ordinary dividends, capital gain or loss) and the federal dollar amount for each category. I have entered the portion of the federal amount that was earned while I was a MN resident. This seems pretty straight forward, and looks like this:
| | Federal | Minnesota |
| Wages and salaries | $x | input field |
| Taxable interest and ordinary dividends | $x | input field |
Capital gain or loss | $x | input field |
When I advance 3 screens, I see a screen titled "Net Investment Income Allocated to Minnesota", and it says "We have calculated a net investment income in the amount of $x. Enter the portion of the amount allocated to Minnesota". The net investment income value listed here is the total of the federal values for taxable interest and ordinary dividends plus capital gain or loss from the prior screen. There's a place to input a value for "Net investment income allocated to Minnesota".
My question is, shouldn't Turbo Tax already have this information from what I entered on the prior screen? Am I supposed to input the portion of taxable interest and ordinary dividends and capital gain or loss that was earned in MN twice, once on each of these screens? It seems odd that Turbo Tax would ask for the same information twice, and I don't want it double taxed.
Thanks.
