2015 Schedule M1nr - Nonresidents / Part-Year Residents Form (Page 3 of 3) in pdf

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1040.

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2. Divide your Minnesota earned income by

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Enter the penalty on early withdrawal you

your federal earned income. For purposes

Include the interest and dividends you

paid while a Minnesota resident.

of this deduction only, earned income in-

received from non-Minnesota state or mu-

cludes wages, self-employment income, and

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nicipal bonds while a Minnesota resident.

alimony received.

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3. Multiply the results of step 1 and step 2.

Minnesota

Enter this amount on line 14, Column B.

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Include the depreciation subtraction ap-

Include the additions from lines 5, 6, 9,

portioned to Minnesota from lines 19 and

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11 and 13 of your Schedule M1M that are

20 from Schedule M1M.

e subtraction

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attributable to income earned while a Min-

is based on the Minnesota apportionment

Include moving expenses paid while a Min-

nesota resident or from Minnesota sources

ratio of the business in 2015.

nesota resident or attributable to a move

earned while a nonresident.

into Minnesota.

Also include the full amounts from lines 33

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and 34 from Schedule M1M.

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Include any business expenses paid:

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Net U.S. Bond Interest and Active Duty

Complete the worksheet below.

• While a Minnesota resident;

Military Pay Received by a Nonresident

e net amount of U.S. bond interest and

• From income earned as a performing

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active duty military pay received as a non-

artist or fee-basis government o cial

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resident are not included in column B of

that you earned in Minnesota while a

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lines 1 or 2. Do not subtract these amounts

nonresident; or

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on line 20, column B.

Part-year residents: Add the following items

• Educator expenses paid while a Minne-

and enter the same total on line 17, columns

sota resident or for teaching in Min-

Line 21

A and B:

nesota.

JOBZ Income Subtractions

Enter the JOBZ zone income you were

• Alimony paid while a Minnesota resident

If you are a member of the Reserves or

able to subtract on your Form M1 in both

included on line 31a of Form 1040;

National Guard, include any travel expenses

columns A and B.

paid while a resident and for meetings at-

•

e portion of your student loan interest

tended in Minnesota while a nonresident.

Line 25

deduction (from line 33 of form 1040,

line 18 of form 1040A) that represents

e result on line 25 is the percentage of

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interest paid while a Minnesota resident;

Minnesota income to federal income.

Pension Plans

and

To determine your:

• Tuition and fees paid while a Minnesota

• Minnesota quali ed plan contribution

resident you included on line 34 of 1040

deduction: Multiply your federal quali-

or line 19 of 1040A.

ed plan contribution deduction by the

Nonresidents: Enter zero on line 17, columns

percentage you determined in step 3 of

A and B.

the worksheet for line 16.

• Minnesota IRA, SEP or SIMPLE plan de-

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duction: Multiply your deduction by the

percentage of your total earned income

1 Enter the amount from line 3 of your federal Schedule SE . . . . . . . . . . . . . . . .

that is allocable to Minnesota (without

2 Enter the amount from step 1 allocable to Minnesota. . . . . . . . . . . . . . . . . . . .

lowering your wages for self-employment

3 Divide step 2 by step 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

losses).

4 Amount from line 27 of federal Form 1040 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

For purposes of this deduction only,

5 Multiply step 3 by step 4.

e result is your Minnesota

earned income includes wages, self-em-

Self-Employed Tax Deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ployment income, and alimony received.

Subtract your self-employment tax

6 Line 2 of the worksheet for line 29 of federal Form 1040 or line 13 of the

deduction (Schedule SE) from that total.

Self Employment Health Insurance worksheet found in Publication 535. . . .

7 Enter the amount from step 6 allocable to Minnesota. . . . . . . . . . . . . . . . . . . .

If your spouse also worked, determine

the spousal deduction in the same way.

8 Divide step 7 by step 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Use only your spouse’s earned income

9 Amount from line 29 of federal Form 1040 . . . . . . . . . . . . . . . . . . . . . . . . . . . .

plus your spouse’s federal IRA, SEP or

10 Multiply step 8 by step 9.

e result is your Minnesota

SIMPLE plan deduction.

Self-Employed Health Insurance Deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . .

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11 Add steps 5 and 10. Enter here and on line 16, column B . . . . . . . . . . . . . . . .

Health Savings Account and Archer

Medical Savings Account (MSA) Deduc

tions

To determine your deduction amount:

1. Add line 25 of Form 1040 and the Archer

MSA deduction included on line 36 of Form

2015 Schedule M1nr - Nonresidents / Part-Year Residents Form Page 3

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