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Minnesota M1 Line 4

Forum|Forum|4 years ago
February 7, 2022
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The standard deduction for married filing jointly is coming up as 25050 instead of 25100. Should I change it? And if so how?

Best answer by ThomasM125

@ANB the Minnesota standard deduction for married filing joint is $25,050 in 2021 per the instructions for form M1.

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mendomann38

You're right. It should be 25100. I would change it.

https://www.kiplinger.com/taxes/tax-deductions/602223/standard-deduction

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ANBAuthor

Also had trouble with Federal 1040, line 12b and the charitable contribution if you take the standard deduction and file married filing jointly, and have given more than $600 you should be able to record $600 on line 12b and then on line 12c add 12a standard deduction amount and 12b the charitable contribution amount. At the final review, the number populates back to $300. It then continues to show up as an error. So, I had to manually change the number and fix the errors but not run the error check again.

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ThomasM125Answer

@ANB the Minnesota standard deduction for married filing joint is $25,050 in 2021 per the instructions for form M1.

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ANBAuthor

I guess the $25,050 is correct for Minnesota as per the www.revenue.state.mn.us/minnesota-standard-deduction

Amount of Minnesota's Standard Deduction

IF YOUR FILING STATUS IS THEN YOUR MINNESOTA STANDARD DEDUCTION IS

Single or
Married Filing Separately

$12,525

Add $1,650 (Single) or $1,300 (Married Filing Separately) if you are blind.
Add $1,650 (Single) or $1,300 (Married Filing Separately) if you were born before January 2, 1957.