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4 FINAL DRAFT â 10/2/23 4
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6 *231551* 6
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2023 Schedule M1M, Income Additions and Subtractions
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9 Complete this schedule to determine line 2 and line 7 of Form M1. 9
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12 YOURYour First Name and Initial FIRST NAME,INITXX LASTYour Last Name NAMEXXXXXXXXXXXXXXXXXXXXXXX 999999999Your Social Security Number 12
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14 Additions to Income 14
15 1 Interest from municipal bonds of another state or its governmental units 15
16 included on line 2a of federal Form 1040 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 16
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17 2 Federally tax-exempt dividends from mutual funds investing in bonds of another state 17
18 or its governmental units included on line 2a of federal Form 1040 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 18
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19 3 Expenses deducted on your federal return attributable to income not taxed 19
20 by Minnesota (other than interest or mutual fund dividends from U.S. bonds) . . . . . . . . . . . . . . . . . . . . . . . . 3 20
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22 4 Capital gain portion of a lump-sum distribution (from line 6 of federal Form 4972; enclose Form 4972) . . . 4 22
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24 5 Addition from line 7 of Schedule M1HOME (enclose Schedule M1HOME) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 24
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26 6 Distributions from higher education savings accounts used for K-12 tuition (see instructions) . . . . . . . . . . . 6 . 26
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28 7 This line intentionally left blank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7 . . . . 28
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30 8 This line intentionally left blank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8 . . . . 30
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32 9 This line intentionally left blank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 . . . . 32
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34 10 Add lines 1 through 9 . Enter the total here and on line 2 of Form M1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 34
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36 Subtractions from Income 36
37 11 If you are not filing Schedule M1SA, and your charitable contributions 37
38 were more than $500, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 38
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40 12 Social Security benefit subtraction (determine from worksheet in instructions) . . . . . . . . . . . . . . . . . . . . . . . 12 40
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41 13 Education expenses you paid for your qualifying children in grades Kâ12 (see instructions) 41
42 Enter the name and grade of each child on the line below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 42
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44 Name and grade of child XXXXXXXXXXXXXXXXXXXXXXXXXXXX 44
45 14 Net interest or mutual fund dividends from U.S. bonds (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 45
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47 15 Subtraction for contributions to a qualified education savings plan (enclose Schedule M1529) . . . . . . . . . . 15 47
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49 16 Subtraction for persons age 65 or older, or permanently and totally disabled (enclose Schedule M1R) . . . 16 49
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51 17 Railroad Retirement Board benefits (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 51
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52 18 If you are a resident of Michigan or North Dakota filing Form M1 only to receive a refund of all Minnesota 52
53 tax withheld, enter the amount from line 1 of Form M1. If the amount is zero or less, enter 0 . . . . . . . . . . 18 53
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54 ⢠Place an X in one box to indicate the reciprocity state 54
55 of which you were a resident during 2023 . . . . . . . . . . . . . . . . . . . . . . . X Michigan X North Dakota 55
56 19 Subtraction of reservation income for American Indians (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . 19 56
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57 20 Federal active-duty military pay received for services performed while a Minnesota 57
58 resident, to the extent the income is federally taxable. If you received a military pension, see line 25 . . . . 20 58
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60 21 Minnesota National Guard members and reservists: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21. 60
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