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Minnesota Property Tax - Auto Fill % of Home Office/Business Useage

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Minnesota Property Tax - Auto Fill % of Home Office/Business Useage

gthienes1

As it stands right now in preparing the M1PR for Minnesota Property Tax Return in order to account for Schedule C - Business Use of Home you first need to Open the Form M1PR scroll to Line 19 Worksheets, "Check this box to activate Worksheet 2". Then the Poroperty ID and Property Address will populate. Next you need to collect a percentage from the Form 8829 of the Federal 1040 line 3 to put in column C for "percent of home used for business". 

It would be extremely helpful if the percentage of taxpayer use of home for business would automatically activate and  flow thru to Worksheet 2 "Homeowners Who Rented Part of Their Home to Others or Used it for Business".  As we often times are preparing the property tax returns at a time other than when we are preparing the clients federal and state returns it would be extremely efficient and more accurate if this were an auto calculation. 

 

 

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