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Lacerte Diagnostics
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October 2, 2020

43731

  • October 2, 2020
  • 0 replies
  • 7 views

The following diagnostic is generating:

M1-W: Minnesota requires a 7-digit MN State ID number (Col A) and a MN income amount (Col B) when there is a MN withholding amount (Col C) on Schedule M1W, Page 2, Line 3. If the income is from an S-Corporation K-1, enter the ID in the Minnesota state tax ID field and the amount in the field Apportioned state income subject to withholding (MN).

Solution:

For Individual Module Passthrough K1's from an S-Corp: Screen 20.2 Part 1 - Information About the S Corporation section fill in Minnesota state tax ID {MN} and in Line 13 - Credits and Withholding section fill in Apportioned state income subject to withholding {MN}.

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