Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Re: Fiduciary
Fiduciary
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
Kathryn S
Level 2
03-13-2023
02:13 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Is this correct, that the Minnesota Form M2 now taxes non-resident capital losses?
Labels
3 Comments 3
Kathryn S
Level 2
03-13-2023
02:51 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Thank you for responding. The new Form M2NM is pulling in the full Capital Loss on line 4 and it flows through to Form M2 as taxable income to Minnesota. I couldn't find anything to support this since interest and dividend income is not appearing on this schedule, even though there is a line for it also.
