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4 NEAR FINAL DRAFT 8/1/24 4
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6 *241711* 6
7 2024 Schedule M1RENT, Renter’s Credit 7
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9 To claim this credit, you must be a full-year or part-year Minnesota resident. If you are a mobile home owner and received 9
10 a certificate of rent paid for lot rental, do not complete this schedule. 10
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12 YOUR FIRST NAME,INIT YOUR LAST NAMEXXXX 999999999 12
13 Your First Name and Initial Last Name Your Social Security Number 13
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15 Check if, in 2024, you were: 15
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17 X Married filing separately and lived together with your spouse (see instructions) 17
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19 X A resident of a nursing home or adult foster care (see instructions) 19
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22 1 Line 1 of Form M1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 12345678 22
23 2 If you are married filing separately, enter your spouse’s adjusted gross income 23
24 for the time they lived with you (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 12345678 24
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26 3 Add lines 1 and 2. If you were a full year resident, skip line 4 and enter this amount on line 5 . . . . . . . . . . . . . . . . 3 12345678 26
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28 4 Income you received while a non-resident . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 12345678 28
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30 5Subtract line from 4 line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 12345678 30
31 6 Subtraction for 65 or older (born before January 2, 1960) or disabled: 31
32 If you (or your spouse if filing a joint return) are age 65 or older or are disabled, enter $5,050: . . . . . . . . . . . . . 6 12345678 32
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34 Check the box if you or your spouse are: X (A) 65 or Older X (B)Disabled 34
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36 7 Dependent subtraction: Enter your subtraction for dependents (use the table in the instructions) . . . . . . . . . . . 7 12345678 36
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38 8 Add lines 6 and 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 12345678 38
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40 9 Household income. Subtract 8 line from 5.line 12If less than zero, enter 0. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 12345678 40
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42 10 Enter total rent from line 3 of your Certificates of Rent Paid (CRPs) (include a copy of your CRPs) . . . . . . . . . . . 10 12345678 42
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44 11 Multiply line 10 by 17% (0.17) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12345678 44
45 12 Using the amounts from lines 9 and 11, find the amount to enter here from the renter’s refund table 45
46 and enter the result from the table here. If you had an amount on line A of your CRP, continue to line 13. 46
47 Otherwise, include the amount from this line on line 4 of Schedule M1REF . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12345678 47
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49 13 Total amount from line A of all CRPs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 12345678 49
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51 14 Add lines 5 and 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 12345678 51
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53 15 Divide line 5 by line 14 (round to the nearest five decimal places) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 12345678 53
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55 16 Multiply line 12 by line 15. Enter the result here and on line 4 of Schedule M1REF . . . . . . . . . . . . . . . . . . . . . . . 16 12345678 55
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57 Include this schedule and copies of your CRPs when you file Form M1. Keep a copy for your records. 57
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