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03-23-2021
08:39 PM
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Minnesota does not conform to the recent legislation that allows exclusion of first $10,200 for individuals with income below $150,000. According to Minnesota Revenue unemployment income must be added back on M1NC, line 7. ProSeries software left this line "intentionally blank" but the Minnesota forms show that line to be used to add back unemployment income excluded on the federal return. Minnesota Revenue advice said we should wait until the software is updated. Are there plans to update the Minnesota Form M1NC?
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