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    3                                                                                                                                                                                                          3
    4                                                                                        FINAL DRAFT — 10/2/23                                                                                             4
    5                                                                                                                                                                                                          5
    6                                                                                                                                                                        *232911*                          6
    7  2023 Form M2X, Amended Income Tax Return for Estates and Trusts                                                                                                                                         7
    8                                                                                                                                                                                                          8
    9  Tax year beginning (MM/DD/YYYY) MM/DD/YYYY      , ending (MM/DD/YYYY)                                                                MM/DD/YYYY                                                         9
    10                                                                                                                                                                                                         10
    11 NAME OF ESTATE OR TRUST                                                                               123456789                                     123456789                 12                        11
    12 Name of Estate or Trust                                Check    if name                               Federal ID Number                             Minnesota Tax ID Number   Number of Schedules KF    12
                                                              has changed:        X
    13 BENEFICIARY NAMEXXXXXXXXXXXXXX                                                                        111223333                                     123456789                 12                        13
    14 Name and Title of Fiduciary                                                                           Decedent’s Social Security Number             Date of Death             Number of Beneficiaries   14
    15 FIDUCIARY ADDRESSXXXXXXXXXXXXX                                                                        CITYXXXXXXXXXXXX MN                                                     12345                     15
    16 Current Address of Fiduciary                                                                          Fiduciary City                                Fiduciary State           Fiduciary ZIP Code        16
    17 DECEDENT ADDRESSXXXXXXXXXXXXXX                                                                        CITYXXXXXXXXXXXX MN                                                     12345                     17
    18 Decedent’s Last Address or Grantor’s Address When Trust Became Irrevocable                            Decedent or Grantor City                      Decedent or Grantor State  Decedent or Grantor ZIP  18
    19 Check all that apply:                                                                                                                                                                                   19
    20 X   Composite Income Tax                     X   Installment Sale of Pass-through Assets or Interests                                             X   Tax Position Disclosure (enclose Form TPD)        20
    21 Check reason you are amending:                                                                                                                                                                          21
    22 X   Amended Federal Return                   X   IRS Adjustment                       X  Changes Affect Schedules   KF                            X  Court Case                                         22
    23                                                                                                                                                                                                         23
    24 X  Net Operating Loss Carried Back From Tax Year Ending (MM/DD/YYYY)                        MM/DD/YYYY                                            X  Other — OTHER NOTE                                 24
    25                                                                                                                                   A—As previously reported      B—Net change         C—Corrected amount 25
    26                                                                                                                                                                                                         26
    27   1         Federal taxable income(from federal Form 1041)   . .  . . . . . .  . . . . . .  . . . . .  .  1                        12345678                12345678            12345678                 27
    28                                                                                                                                                                                                         28
    29   2         Deductions and losses not allowed (enclose Schedule M2NM)                                 . . .  . . . . . .  .  2     12345678                  12345678          12345678                 29
    30                                                                                                                                                                                                         30
    31   3         Capital gain amount of lump-sum distribution . . .  . . . . . .  . . . . .  . . . . . . .  . .3.                       12345678                12345678            12345678                 31
    32                                                                                                                                                                                                         32
    33   4         Additions (from line 75, column E, on page 4 of this form)    . . . .  . . . . . .  . . .     4                        12345678                12345678            12345678                 33
    34                                                                                                                                                                                                         34
    35   5  Add lines 1 through 4  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . .  .5 .       12345678                12345678            12345678                 35
    36                                                                                                                                                                                                         36
    37   6  Subtractions (from line 75, column E, on page 4 of this form)  . . .  . . . . . .  . .  6                                     12345678                12345678            12345678                 37
    38                                                                                                                                                                                                         38
    39   7  Fiduciary’s income from non-Minnesota sources (                           enclose Schedule M2NM)  7                           12345678                12345678            12345678                 39
    40                                                                                                                                                                                                         40
    41   8  Add lines 6 and 7   . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . .8 .    12345678                12345678            12345678                 41
    42                                                                                                                                                                                                         42
    43   9         Minnesota taxable net income(subtract line 8 from line 5)  . . .  . . . . . .  . . .    9                              12345678                  12345678          12345678                 43
    44                                                                                                                                                                                                         44
    45  10         Tax from table in Form M2 instructions             . . .  . . . . . .  . . . . .  . . . . . . .  . . . . . 10 .        12345678                12345678            12345678                 45
    46                                                                                                                                                                                                         46
    47  11         Tax from S portion of ESBT (from Schedule M2SB)   . .  . . . . .  . . . . . .  . . . . .   11                          12345678                  12345678          12345678                 47
    48  12         Total of tax from (enclose appropriate schedules):                                                                                                                                          48
    49             X  Schedule M1LS       X         Schedule M2MT  . . .  . . . . . .  . . . . .  . . . . . . .  . .   12                 12345678                  12345678          12345678                 49
    50                                                                                                                                                                                                         50
    51  13         Composite income tax for nonresidents (enclose Schedules KF)   . . . .  . . . . .  .  13                               12345678                12345678            12345678                 51
    52                                                                                                                                                                                                         52
    53  14         Total income tax(add lines 10 through 13)   .  . . . . .  . . . . . .  . . . . . .  . . . . . 14.                      12345678                  12345678          12345678                 53
    54                                                                                                                                                                                                         54
    55  15         Credit for taxes paid to another state  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . 15.               12345678                  12345678          12345678                 55
    56                                                                                                                                                                                                         56
    57  16         Film Production Tax Credit  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . .16.  .        12345678                  12345678          12345678                 57
    58      Credit certificate number: TAXC -             12345678                                                                                                                                             58
    59  17  Tax Credit for Owners of Agricultural Assets                     . .  . . . . .  . . . . . .  . . . . .  . . . .  .   17      12345678                  12345678                12345678           59
    60             Certificate number from Rural Finance Authority: AO                       12 -345678                                                                                                        60
    61  18   Unused credit for owners of agricultural assets from a prior year  . . .  . .    18                                          12345678                12345678            12345678                 61
    62       AO       12 -345678                                                                                                                                                                               62
    63                                                                                                           9995                                                                                          63
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    65                                                                                                                                                                                                         65

    1                                                                                                                                                                                                                                       1
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    3                                                                                                                                                                                                                                       3
    4  2023 M2X, page 2                                                                                                                                                                                                                     4
    5                                                                                                                                                                                                                                       5
    6                                                                                                                                                                                      *232921*                                         6
    7                                                                                                                                                                                                                                       7
    8   19  Housing Tax Credit . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . 19 . . .       12345678                             12345678                               12345678               8
    9       Enter certificate number from Minnesota Housing: SHTC 1234 -345678                                                                                                                                                              9
    10  20  Short Line Railroad Infrastructure Modernization Credit   .  . . . . .  . . . . . .  .  20                                   12345678                             12345678                               12345678               10
    11                                                                                                                                                                                                                                      11
    12  21  Credit for Sales of Manufactured Home Parks to Cooperatives   . . . .  . . . .  21                                           12345678                             12345678                               12345678               12
    13                                                                                                                                                                                                                                      13
    14 22   Credit for increasing research activities (enclose Schedule KPI, KS, or KF)                                          22      12345678                             12345678                               12345678               14
    15                                                                                                                                                                                                                                      15
    16  23  Other nonrefundable credits (see instructions)  . . . .  . . . . . .  . . . . .  . . . . . 23.                               12345678                             12345678                               12345678               16
    17                                                                                                                                                                                                                                      17
    18  24  Total nonrefundable credits . Add lines 15 through 23 . . .  . . . . . .  . . . . .  .  .  24                                12345678                             12345678                               12345678               18
    19                                                                                                                                                                                                                                      19
    20  25  Subtract line 24 from line 14         (if result is zero or less, leave blank)                           . . .  . .  .  25   12345678                             12345678                               12345678               20
    21                                                                                                                                                                                                                                      21
    22  26  Pass-through Entity Tax Credit (enclose Schedule KPI, KS, or KF)   . . . .  . .  .  26                                       12345678                             12345678                               12345678               22
    23                                                                                                                                                                                                                                      23
    24  27  Minnesota income tax withheld (enclose documentation)  . . . . .  . . . . .  .  27                                           12345678                             12345678                               12345678               24
    25                                                                                                                                                                                                                                      25
    26  28  Total estimated tax payments and any extension payments   . . . . .  . . . .  .  28                                          12345678                             12345678                               12345678               26
    27                                                                                                                                                                                                                                      27
    28  29  Historic Structure Rehabilitation Tax Credit (enclose certificate)  .  . . . . .  .  29                                      12345678                             12345678                               12345678               28
    29      Enter National Park Service (NPS) project number: XXXXXX                                                                                                                                                                        29
    30  30  Other refundable credits        (see instructions)   . . .  . . . . . .  . . . . .  . . . . . . .  . . 30.                   12345678                             12345678                               12345678               30
    31                                                                                                                                                                                                                                      31
    32  31  Amount due from original Form M2, line 32 (see instructions)   . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . . .  . .  .   31                                   12345678               32
    33                                                                                                                                                                                                                                      33
    34  32  Total refundable credits and tax paid (add lines 26c through 30c and line 31)  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  .   32                                              12345678               34
    35                                                                                                                                                                                                                                      35
    36  33  Refund amount from original Form M2, line 37 (see instructions)   . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  .   33                                     12345678               36
    37                                                                                                                                                                                                                                      37
    38  34  Subtract line 33 from line 32 (if result is less than zero, enter the amount as a negative)   . . .  . . . . . .  . . . . .  . . . . .  . . . .  .   34                                                  12345678               38
    39  35  Tax you owe. If line 25c is more than line 34, subtract line 34 from line 25c.                                                                                                                                                  39
    40      (if line 34 is a negative amount, see instructions)  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . . .  . .  .   35                   12345678               40
    41                                                                                                                                                                                                                                      41
    42  36  If you failed to timely report federal changes or the IRS assessed a penalty (see instructions) .                                                  .  . . . . . .  . . . . . .  . . . . .  .   36        12345678               42
    43                                                                                                                                                                                                                                      43
    44  37  Add lines 35 and 36    . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . .37.  . . .  .  12345678              44
    45                                                                                                                                                                                                                                      45
    46  38  Interest (see instructions)   . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  .   38 12345678               46
    47                                                                                                                                                                                                                                      47
    48  39  AMOUNT DUE (add lines 37 and 38) . Payment method:                                                    X Electronic   X Check (attach voucher)  . . .  . . . . . .  . . . .  .   39                       12345678               48
    49                                                                                                                                                                                                                                      49
    50  40  REFUND DUE (if line 34 is more than lines 25c, 36, and 38, subtract lines 25c, 36, and 38  from line 34)  . . .  . . . . . .  . .  .   40                                                                12345678               50
    51  41  To have your refund direct deposited, enter the following. Otherwise, you will receive a check.                                                                                                                                 51
    52                                                                                                                                                                                                                                      52
    53      X     Checking    X     Savings         123456789123456789                                                        1234567890123456789012345678901                                                                               53
    54                                              Routing number                                                            Account number (use an account not associated with any foreign banks)                                         54
    55                                                                                                                                                                                                                                      55
    56                                                                           111223333                                                            MM/DD/YYYY                             1112233333                                     56
    57 Signature of Fiduciary or Officer Representing Fiduciary                  Minnesota Tax ID or Social Security Number           Date (MM/DD/YYYY)                                         Direct Phone                                57

    58 PRINT NAME                                                                EMAIL ADDRESS                                                                        X         Fiduciary E-mail                  X    Paid Preparer E-mail 58
    59 Print Name of Contact                                                     E-mail Address for Correspondence, if Desired                                                                                                              59

       Paid Preparer’s Signature                                               Preparer’s PTIN                                                        Date (MM/DD/YYYY)                      1112223333Direct Phone
    60                                                                           111223333                                                            MM/DD/YYYY                                                                            60
    61                                                                                                                                                                                                                                      61
    62      X      I authorize the Minnesota Department of Revenue                                                               Mail to:  Minnesota Amended Fiduciary Tax,                                                                 62
    63             to discuss this tax return with the preparer.                                                                 Mail Station 1310, 600 N. Robert St., St. Paul, MN 55146-1310                                              63
                                                                                                                  9995
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    65                                                                                                                                                                                                                                      65

    1                                                                                                                                                                                      1
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    3                                                                                                                                                                                      3
    4  2023 M2X, page 3                                                                                                                                                                    4
    5                                                                                                                                                                                      5
    6                                                                                                                                                     *232931*                         6
    7                                                                                                                      A—As previously reported B—Net change        C—Corrected amount 7
    8  Additions to Income                                                                                                                                                                 8
    9   42 State and municipal bond interest from outside Minnesota  . . .  . . . .  .  42                                 12345678                 12345678             12345678          9
    10                                                                                                                                                                                     10
    11  43 State taxes deducted in arriving at net income  .  .  .  .  .  .  .  .  .  .  .  .  .  43.  .  .  .  . 12345678.                         12345678             12345678          11
    12  44 Expenses deducted on your federal return that are attributable                                                                                                                  12
    13      to income not taxed by Minnesota(other than U .S . bond interest)  .  . . . . .  44                            12345678                 12345678             12345678          13
    14  45  80 percent of suspended loss from 2001-2005 or 2008-2022                                                                                                                       14
    15      on federal return generated by bonus depreciation    . . . .  . . . . . .  . . .  . 45                         12345678                 12345678             12345678          15
    16                                                                                                                                                                                     16
    17  46  80 percent of federal bonus depreciation            . . .  . . . . . .  . . . . .  . . . . . . .  .46.         12345678                 12345678             12345678          17
    18                                                                                                                                                                                     18
    19  47  Section 199A qualified business income   . . . . .  . . . . .  . . . . . .  . . . . . .  .47.                  12345678                 12345678             12345678          19
    20                                                                                                                                                                                     20
    21  48  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . .48 .  .     12345678                 12345678             12345678          21
    22                                                                                                                                                                                     22
    23  49  Net operating loss carryover adjustment  . . .  . . . . . .  . . . . .  . . . . . . .  . . 49.                 12345678                 12345678             12345678          23
    24                                                                                                                                                                                     24
    25  50 Foreign derived intangible income (FDII) deduction    . . . . .  . . . . . .  . . 50.                           12345678                 12345678             12345678          25
    26                                                                                                                                                                                     26
    27  51  This line intentionally left blank  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . .51.  .       12345678                 12345678             12345678          27
    28                                                                                                                                                                                     28
    29  52  Other additions (see instructions) . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . .52.  .          12345678                 12345678             12345678          29
    30                                                                                                                                                                                     30
    31  53  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  53                                                                   31
    32                                                                                                                                                                                     32
    33  54  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  54                                                                   33
    34                                                                                                                                                                                     34
    35  55  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  55                                                                   35
    36                                                                                                                                                                                     36
    37  56  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  56                                                                   37
    38  57 Add lines 42 through 56 . Also enter the amount from                                                                                                                            38
    39      line 57C on line 76, column E, under Additions    . .  . . . . .  . . . . . .  . . .  57.  .                   12345678                 12345678             12345678          39
    40                                                                                                                                                                                     40
    41  Subtractions from Income                                                                                                                                                           41
    42 58  Interest on U.S. government bond obligations, minus expenses                                                                                                                    42
    43      deducted on federal return that are attributable to this income                       . . .  . .  . 58         12345678                 12345678             12345678          43
    44                                                                                                                                                                                     44
    45 59  State income tax refund included on federal return                     . . . . .  . . . . .  . . . 59.          12345678                 12345678             12345678          45
    46                                                                                                                                                                                     46
    47  60  Federal bonus depreciation subtraction   . . .  . . . . .  . . . . .  . . . . . .  . . . . 60.                 12345678                 12345678             12345678          47
    48                                                                                                                                                                                     48
    49  61  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . .  61                                                                    49
    50                                                                                                                                                                                     50
    51  62  Subtraction for railroad maintenance expenses  . . .  . . . . .  . . . . . .  . . .  62.                       12345678                 12345678             12345678          51
    52                                                                                                                                                                                     52
    53  63 Net operating loss carryover adjustment  . . .  . . . . . .  . . . . .  . . . . . . .  . . 63.                  12345678                 12345678             12345678          53
    54                                                                                                                                                                                     54
    55  64 Deferred foreign income (section 965)          . . .  . . . . . .  . . . . .  . . . . . . .  . . . . 64.        12345678                 12345678             12345678          55
    56                                                                                                                                                                                     56
    57  65 Disallowed section 280E expenses of a licensed cannabis business  .  . 65                                       12345678                 12345678             12345678          57
    58                                                                                                                                                                                     58
    59  66 Delayed business interest  .  . . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . .66.  .      12345678                 12345678             12345678          59
    60                                                                                                                                                                                     60
    61  67 Delayed net operating loss deduction   . . .  . . . . .  . . . . . .  . . . . .  . . . . . . 67.                12345678                 12345678             12345678          61
    62                                                                                                                                                                                     62
    63                                                                                                 9995                                                                                63
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    65                                                                                                                                                                                     65

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    3                                                                                                                                                                                                         3
    4  2023 M2X, page 4                                                                                                                                                                                       4
    5                                                                                                                                                                                                         5
    6                                                                                                                                                   *232941*                                              6
    7                                                                                                                                                                                                         7
    8                                                                                                                                                                                                         8
    9                                                                                                                                                                                                         9
    10  68  Other subtractions (see instructions)  . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . .  .  68       12345678                      12345678       12345678                                10
    11                                                                                                                                                                                                        11
    12  69  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  69 12345678                      12345678       12345678                                12
    13                                                                                                                                                                                                        13
    14  70  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  70 12345678                      12345678       12345678                                14
    15                                                                                                                                                                                                        15
    16  71  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  71 12345678                      12345678       12345678                                16
    17                                                                                                                                                                                                        17
    18  72  This line intentionally left blank   . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .  72 12345678                      12345678       12345678                                18
    19                                                                                                                                                                                                        19
    20  73  Add lines 58 through 72 . Also enter the amount from                                                                                                                                              20
    21      line 73C on line 76, column E, under Subtractions       . . .  . . . . . .  . . . . .  .                  73 12345678                      12345678       12345678                                21
    22                                                                                                                                                                                                        22
    23                   A                       B                       C                                               D                                   E                                                23
    24                                        Beneficiary’s Social Share of federal                                      Percent of total on                Shares assignable to beneficiary and to fiduciary 24
    25            Name of each beneficiary    Security number      distributable net income                              line 76, column C   Additions          Subtractions                                  25
    26                                                                                                                                                                                                        26
    27   74    BENEFICIARYNAME                111223333                  12345678                                        123%                          12345678       12345678                                27
    28                                                                                                                                                                                                        28
    29       BENEFICIARYNAME                  111223333                  12345678                                        123%                          12345678       12345678                                29
    30                                                                                                                                                                                                        30
    31       BENEFICIARYNAME                  111223333                  12345678                                        123%                          12345678       12345678                                31
    32                                                                                                                                                                                                        32
    33       BENEFICIARYNAME                  111223333                  12345678                                        123%                          12345678       12345678                                33
    34                                                                                                                                                                                                        34
    35       BENEFICIARYNAME                  111223333                  12345678                                        123%                          12345678       12345678                                35
    36                                                                                                                                                                                                        36
    37   75   Fiduciary                                                  12345678                                        123 %                         12345678       12345678                                37
    38                                                                                                                                                                                                        38
    39   76    Total                                                     12345678                                        100%                          12345678       12345678                                39
    40                                                                                                                                                                                                        40
    41                                                                                                                                                                                                        41
    42                                                                                                                                                                                                        42
          EXPLANATION OF CHANGE—Explain each change in detail in the space provided below. Use a separate sheet, if 
    43                                                                                                                                                                                                        43
          needed. If the changes involve items requiring supporting information, be sure to attach the appropriate schedule, 
    44                                                                                                                                                                                                        44
          statement or form to Form M2X to verify the correct amount. 
    45                                                                                                                                                                                                        45
    46                                                                                                                                                                                                        46
    47                                                                                                                                                                                                        47
    48                                                                                                                                                                                                        48
    49                                                                                                                                                                                                        49
    50                                                                                                                                                                                                        50
    51                                                                                                                                                                                                        51
    52                                                                                                                                                                                                        52
    53                                                                                                                                                                                                        53
    54                                                                                                                                                                                                        54
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Instructions for 2023 Form M2X
For additional information, see the 2023 Form M2 instructions
Who Should File M2X?
This form should be filed by fiduciaries to correct—or amend—an original 2023 Form M2. 
Federal return adjustments. If the Internal Revenue Service (IRS) changes or audits your federal return or you amend your federal return and 
it affects your Minnesota return or distributions to beneficiaries, you must file an amended Minnesota return within 180 days. If you are filing 
Form M2X based on an IRS adjustment, check the box at the top of the form and attach a copy of your amended federal return or correction 
notice you received from the IRS to Form M2X. 
If the changes do not affect your Minnesota return or Schedules K-1, you have 180 days to send a letter of explanation and a copy of your 
amended federal return or the correction notice to: Minnesota Fiduciary Tax, Mail Station 5140, 600 N. Robert St., St. Paul, MN 55146-5140. If 
you fail to report as required, a 10% penalty will be assessed on any additional tax. See line 36 instructions.
Claim for refund. Use Form M2X to make a claim for refund and report changes to your Minnesota liability. If you make a claim for a refund 
and we do not act on it within six months of the date filed, you may bring an action in the district court or the tax court. 

When to File
File Form M2X only after you have filed your original return. You may file Form M2X within 3½ years after the return was due or within one 
year from the date of an order assessing tax, whichever is later. If you filed your original return under an extension by the extended due date, you 
have up to 3½ years from the extended due date to file the amended return. 
Filing Reminders
•  The amended return must be signed by the fiduciary or authorized officer of the organization receiving, controlling or managing the 
  income of the estate or trust. The person must also include his or her ID number.
• If someone other than the fiduciary prepared the return, the preparer must also sign.
•  Round amounts to the nearest dollar. Drop amounts less than 50 cents and increase amounts 50 cents or more to the next higher dollar.
•  Forms and information are available on our website at www.revenue.state.mn.us.
If you need help completing your amended return, call 651-556-3075. We’ll provide information in other formats upon request. 
Explanation
On page 4 of Form M2X, include a detailed explanation of why the original return was incorrect. Providing this information will help us verify 
the amended amounts. 
Use of Information
All information provided on this form is private, except for your Minnesota tax ID number, which is public. Private information cannot be given 
to others except as provided by state law. 
The identity and income information of the beneficiaries are required under state law so the department can determine the beneficiaries’ correct 
Minnesota taxable income and verify if the beneficiaries have filed returns and paid the tax. The Social Security numbers of the beneficiaries are 
required to be reported on Schedule KF under M.S. 289A.12, subd. 13.
Line Instructions 
Columns A, B, C
•  Column A: Enter the amounts shown on your original return or as later adjusted by an amended return or audit report.
•  Column B: Enter the dollar amount of each change as an increase or decrease for each line you are changing. Show all decreases in 
  parentheses. Explain the changes in detail within the Explanation of Change on page 4 of Form M2X.  If the changes involve items requiring 
  supporting information, attach to Form M2X the appropriate schedule, statement or form to verify the corrected amount. 
•  Column C: Enter the corrected amounts after the increases or decreases. If there are no changes, enter the amount from column A.
Line 2
Use Schedule M2NM, Non-Minnesota Source Income and Related Expenses, to determine the amount to include on line 2.
Line 7
Use Schedule M2NM to determine the amount to include on line 7.
Line 31
Enter the total of the following tax amounts, whether or not paid.
1.  For the original 2023 M2 return, the amount from line 32.
2.  For all previously filed 2023 M2X Returns, the amount from line 31.
3.  Additional tax due as the result of an audit or notice of change. 
Do not include any amounts that were paid for penalty, interest or underpayment of estimated tax. 
Line 33
Enter the total of the following refund amounts, whether or not the refund has been received. 
1.  For the original 2023 M2 return, the amount from line 37.
2.  For all previously filed 2023 M2X Returns, the amount from line 33.
3.  Refund or reduction in tax from a protest or other type of audit adjustment.

                                                                                                                             Continued

2023 Form M2X instructions (continued)
Include any amount that was credited to estimated tax or applied to pay past due taxes. Do not include any interest that may have been 
included in the refunds you received.
If the refund amount on your original return was reduced by an additional charge for underpaying estimated tax reported on line 35 of the 
2023 M2, then when figuring the amount to enter on the 2023 M2X line 33, add the amount from this line to the amount reported on line 37 of 
the 2023 M2.
Lines 35 and 40
Lines 35 and 40 should reflect the changes to your tax and/or credits as reported on lines 1 through 30 of Form M2X. If you have unpaid taxes 
on your original Form M2, this amended return is not intended to show your corrected balance due.
Line 35
If line 34 is a negative amount, treat it as a positive amount and add it to line 25C. Enter the result on line 35. This is the amount you owe, and 
is due when you file your amended return. You cannot use your estimated tax account to pay this amount. 
Line 36
If only one of the penalties below applies, you must multiply line 35 by 10% (.10). If both penalties apply, multiply line 35 by 20% (.20). Enter 
the result on line 36.
•  The IRS assessed a penalty for negligence or disregard of rules or regulations.
•  You failed to report federal changes to the department within 180 days as required.
Line 38
Interest is calculated as simple interest and accrues on unpaid tax and penalties from the regular due date until it is paid in full. Use the 
formula below with the appropriate interest rate: Interest = line 35 x number of days past the due date x interest rate ÷ 365
If the days fall in more than one calendar year, you must determine the number of days separately for each year. 
The interest rate for 2024 is X%.
Penalty will be assessed if the additional tax and interest are not paid with the amended return.
Line 39
Pay Electronically. Visit our website at www.revenue.state.mn.us and log in to e-Services. When paying electronically, you must use an 
account not associated with any foreign banks.
Pay by Check. Visit our website at www.revenue.state.mn.us and click on Make a Payment           You can find your bank’s routing number and  
                                                                                                 account number on the bottom of your check.
and then Check or Money Order to create a voucher. Print and mail the voucher with a check 
made payable to Minnesota Department of Revenue. When you pay by check, you authorize 
us to make a one-time electronic fund transfer from your account. You may not receive your 
cancelled check.
Line 40
If you want your refund to be directly deposited into your bank account, complete line 41. Your bank statement will indicate when your refund 
was deposited to your account. Otherwise, skip line 41 and your refund will be sent to you in the mail.
This refund cannot be applied to your estimated tax account.
Line 41
If you want your refund to be directly deposited into your checking or savings account, enter the routing and account numbers.The routing 
number must have nine digits. The account number may contain up to 17 digits (both numbers and letters). If your account number contains 
less than 17 digits, enter the number and leave out any hyphens, spaces and symbols. If the routing or account number is incorrect or is not 
accepted by your financial institution, your refund will be sent to you in the form of a paper check.
Lines 42–73
If you enter a corrected amount in Column C of lines 42-73, you may be required to notify beneficiaries of any adjustments to their income. 
Report the corrected information on a new Schedule KF, and check the “Amended KF” box toward the top of the schedule.
Signature
The return must be signed by the fiduciary or authorized officer of the organization receiving, controlling or managing the income of the estate 
or trust. The person must also include his or her ID number. 
If someone other than the fiduciary prepared the return, the preparer must also sign and include their ID and phone number. 
Check the box to authorize the department to discuss this return with the preparer. This authority allows us to discuss with your preparer 
these items from this return: line item details; tax due on original and adjustments made during processing; penalty or interest due; documents 
received or sent like a tax order or bill; and dates and amounts of payments, credits, or refunds. The authority also allows your preparer to 
cancel direct deposit or debit payments and submit an abatement request.
The authority granted by a marked return checkbox is valid for one year after the due date for current original returns, or one year from the 
date the form was submitted for amended and noncurrent original returns.
Checking the box does not give your preparer the authority to sign any tax documents on your behalf, represent you at any audit or appeals 
conference, or discuss abatement progress. For these types of authorities, file Form REV184b, Business Power of Attorney, with the 
department.