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February 20, 2025
Question

What is schedule M1QPEN

  • February 20, 2025
  • 1 reply
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On my state review it says I need an employer name on schedule M1QPEN and I don't know what they are talking about.

    1 reply

    February 21, 2025

    2024 Schedule M1QPEN, Qualified Public Pension Subtraction.

    If you received certain pension pay (or survivor benefits) for public service, you may be able to reduce your taxable income. 

    You may qualify for this subtraction if all of these are true: 

    • You receive payments or survivor benefits from a qualified public pension plan 
    • Your payments are taxable on your federal return 
    • Your income is below a certain threshold based on your filing status 
    • Your payments are not based on service for which Social Security benefits were also earned

    MN Department of Revenue

    For instructions check: 2024 Schedule M1QPEN Instructions

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