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    4                                                                                                                                             NEAR FINAL DRAFT 8/8/24                                                                    4
    5                                                                                                                                                                                                                                        5
    6                                                                                                                                                                                                         *242101*                       6
    7                                                                                                                                                                                                                                        7
    8  2024 Schedule M2NM, Non-Minnesota Source Income                                                                                                                                                                                       8
    9                                                                                                                                                                                                                                        9
    10 and Related Expenses                                                                                                                                                                                                                  10
    11                                                                                                                                                                                                                                       11
    12 ESTATE TRUST NAMEXXXXXXXXXXXXXXXXXXXXXXXX 123456789                                                                                                                                                   123456789                       12
    13 Name of Estate or Trust                                                                                                                                                  Federal ID Number            Minnesota ID Number             13
    14                                                                                                                                                                                                                                       14
    15                                                                                                                                                               A                            B                           C              15
    16                                                                                                                                                              Total Amount           Minnesota Portion         Non-Minnesota Portion   16
    17                                                                                                                                                                            (round amounts to the nearest whole dollar)                17
    18                                                                                                                                                                                                                                       18
    19   1  Interest income    . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . a1.                                                                12345678          b1  12345678           c1           12345678          19
    20                                                                                                                                                                                                                                       20
    21   2                              Dividend income  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . a2.                                      12345678          b2  12345678           c2           12345678          21
    22                                                                                                                                                                                                                                       22
    23   3                              Business income or loss  . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  a3.                                          12345678          b3  12345678           c3           12345678          23
    24                                                                                                                                                                                                                                       24
    25   4  Capital gain or loss                                                             (see instructions)   . .  . . . . . .  . . . . .  . a4.                 12345678          b4  12345678           c4           12345678          25
    26   5  Income from rents, royalties, partnerships,                                                                                                                                                                                      26
    27         other                    estates and trusts, etc.                                              . . .  . . . . . .  . . . . .  . . . . . . . a5.       12345678          b5  12345678           c5           12345678          27
    28                                                                                                                                                                                                                                       28
    29   6  Farm income or loss  . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . a6.                                                                    12345678          b6  12345678           c6           12345678          29
    30                                                                                                                                                                                                                                       30
    31   7  Ordinary gain or loss                                                               (see instructions)    . .  . . . . . . .  . . .  .  a7               12345678          b7  12345678           c7           12345678          31
    32                                                                                                                                                                                                                                       32
    33   8  Other income                                                                 . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . . .  . . . .a8.  .  12345678          b8  12345678           c8           12345678          33
    34                                                                                                                                                                                                                                       34
    35   9                              Total lines of through1      8                                  . .  . . . . . . .  . . . . .  . . . . . .  . . . . a9.      12345678          b9  12345678           c9           12345678          35
    36                                                                                                                                                                                                                                       36
    37  10            State                           taxes deducted addition                                    . . .  . . . . . .  . . . . .  . . . .  a10.        12345678          b10 12345678  c10                   12345678          37
    38                                                                                                                                                                                                                                       38
    39  11            Bonus   depreciation addition                                                           . . . . . . .  . . . . .  . . . . . .  . .  a11.       12345678          b11 12345678  c11                   12345678          39
    40                                                                                                                                                                                                                                       40
    41  12            Section      199A qualified business income addition                                                                       . . .  . a12        12345678          b12 12345678            c12         12345678          41
    42                                                                                                                                                                                                                                       42
    43  13            This         line intentionally left blank                                                   . . .  . . . . . .  . . . . .  . . . . a13.       12345678          b13 12345678  c13                   12345678          43
    44                                                                                                                                                                                                                                       44
    45  14                              Net operating (NOL)loss   carryover adjustment                                                        .  . . .  . a14        12345678          b14 12345678  c14                   12345678          45
    46                                                                                                                                                                                                                                       46
    47  15            Other             required additions                                             (see instructions)  . . .  . . . . .  . a15                   12345678          b15 12345678  c15                   12345678          47
    48                                                                                                                                                                                                                                       48
    49  16            lines 9  Add through 15 eachfor                     column                                                 . . .  . . . . . .  . . a16.        12345678          b16 12345678            c16         12345678          49
    50                                                                                                                                                                                                                                       50
    51  17              Interest deduction                                                  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . a17.  .     12345678          b17 12345678            c17         12345678          51
    52                                                                                                                                                                                                                                       52
    53  18              Taxes deduction                                                 . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . a18.  .     12345678          b18 12345678            c18         12345678          53
    54                                                                                                                                                                                                                                       54
    55  19            Fiduciary         deductionfees                                                    . . .  . . . . . .  . . . . .  . . . . .  . . . . a19.      12345678          b19 12345678            c19         12345678          55
    56                                                                                                                                                                                                                                       56
    57  20              Charitable deduction                                                       . . . . .  . . . . . .  . . . . .  . . . . . .  . . . .a20.  .    12345678          b20 12345678            c20         12345678          57
    58  21              Attorney, accountant, and return preparer                                                                                                                                                                            58
    59           fees deduction                                                        . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .a21.  .  .  12345678          b21 12345678            c21         12345678          59
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    4  2024 M2NM, page 2                                                                                                                                                                                                                     4
    5                                                                                                                                                                                                                                        5
    6                                                                                                                                                                                                        *242111*                        6
    7                                                                                                                                                                                                                                        7
    8  ESTATE TRUST NAMEXXXXXXXXXXXXXXXXXXXXXXXX 123456789                                                                                                                                                   123456789                       8
    9  Name of Estate or Trust                                                                                                                                                  Federal ID Number            Minnesota ID Number             9
    10                                                                                                                                                                                                                                       10
    11  22                 Other deductions                                                 . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  .a22.  .    12345678  b22     12345678  c22                       12345678          11
    12                                                                                                                                                                                                                                       12
    13  23               Estate                         tax deduction                          . . .  . . . . . .  . . . . .  . . . . . . .  . . . . . a23. .  .     12345678  b23     12345678                c23         12345678          13
    14                                                                                                                                                                                                                                       14
    15  24               Qualified      business deductionincome                                                           . . .  . . . . . .  . . . . . a24.        12345678  b24     12345678                c24         12345678          15
    16                                                                                                                                                                                                                                       16
    17  25                 Exemption  . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . .a25. .  .                                             12345678  b25     12345678                c25         12345678          17
    18                                                                                                                                                                                                                                       18
    19  26               State                          income tax subtractionrefund                                      . . .  . . . . . .  . . . . . a26.  .      12345678  b26     12345678  c26                       12345678          19
    20                                                                                                                                                                                                                                       20
    21  27                 Bonus depreciation subtraction                                                         . . .  . . . . . .  . . . . .  . . . . .  . a27    12345678     b27  12345678  c27                       12345678          21
    22                                                                                                                                                                                                                                       22
    23  28                 This line intentionally left blank                                                     . . .  . . . . . .  . . . . .  . . . . .  . a28    12345678     b28  12345678  c28                       12345678          23
    24                                                                                                                                                                                                                                       24
    25  29               Net            operating carryoverloss                 adjustment                                        . . . . .  . . . . . . a29.        12345678  b29     12345678  c29                       12345678          25
    26                                                                                                                                                                                                                                       26
    27  30                              Delayed business interest                                       . . .  . . . . . .  . . . . .  . . . . . . .  . .a30.  .     12345678  b30     12345678  c30                       12345678          27
    28                                                                                                                                                                                                                                       28
    29  31                              Delayed net operating deductionloss                                                . . .  . . . . . .  . . . . . a31.        12345678  b31     12345678  c31                       12345678          29
    30                                                                                                                                                                                                                                       30
    31  32               Other           required subtractions                                              (see instructions) . . .  . . . . a32.                   12345678  b32     12345678  c32                       12345678          31
    32                                                                                                                                                                                                                                       32
    33  33               lines 17   Add through eachfor 32                column                                                  . . .  . . . . . .  . . a33.       12345678  b33     12345678  c33                       12345678          33
    34                                                                                                                                                                                                                                       34
    35  34                 Subtract line c33 from line c16, and enter on line 34  . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  .                 34            12345678          35
    36      If the result is a positive, enter it on Form M2, line 7.                                                                                                                                                                        36
    37      If the result is a negative, enter it as a positive number on Form M2, line 2.                                                                                                                                                   37
    38                                                                                                                                                                                                                                       38
    39                                                                                                                                                                                                                                       39
    40 You must include this schedule when you file your Form M2.                                                                                                                                                                            40
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