Schedule M1cr - Credit For Income Tax Paid To Another State - 2012 Page 2
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1
2Schedule M1CR Instructions 2012
Who is Eligible?
Nonresidents Who Sold a Partnership
other state, and enter that amount on line 1.
Interest
Also include any non-Minnesota municipal
You may be eligible for the credit for income
If you were a nonresident of Minnesota who
bonds taxed by the other state.
tax paid to another state if:
sold a partnership interest on which the
Do not include any income you received
• you were a Minnesota resident for all or
gain realized is taxable to Minnesota and to
from a lump-sum distribution from a quali-
part of 2012; and
your home state, and your home state does
fied retirement plan that is listed as income
not allow a credit for taxes paid to Minneso-
• you incurred 2012 income tax (includ-
on your Schedule M1LS, Tax on Lump-Sum
ta on the gain, complete Schedule M1CRN,
ing tax withheld) for Minnesota and for
Distribution.
another state on the same income. A
Credit for Nonresident Partners on Taxes
Canadian province or territory and the
Paid to Home State.
Line 2
District of Columbia are considered a
Full-Year Residents: Complete the work-
Do not complete Schedule M1CR.
state for purposes of this credit.
sheet at the bottom of this page to deter-
If You Paid Taxes to More
mine line 2.
Include: Any income taxes paid to another
Than One Other State
state by an S corporation or a partnership
Part-Year Residents: From Schedule
that you included on line 8 of Schedule
M1NR, add line 19 column B, line 21 col-
If you paid 2012 state income tax on the
M1M.
umn B, and line 23. Then, subtract from the
same income to Minnesota and to more
total line 10 column B. Enter the result on
than one other state:
Do not include: Any tax paid to a local
line 2 of Schedule M1CR.
unit of government (such as a city, county
1 Complete a separate M1CR for each state.
or school district) or national government,
Line 6
2 Add the amounts from line 7 or line 11,
including a possession of the United States
Enter the tax amount from the other state’s
whichever applies, from each M1CR.
or the national government of Canada.
tax return. The amount of tax must be be-
3 Enter the result from step 2 on line 17 of
fore you subtract any income tax withheld
Canadian province or territory taxes used to
Form M1.
by that state or any estimated tax you paid
claim a federal foreign tax credit cannot be
to that state. Do not include any tax you
used to determine your Minnesota credit.
Lines 1 through 6
paid to cities or counties.
See the line 6 instructions for details.
Round amounts to the nearest whole dollar.
If you filed Schedule M1LS, do not include
Part-Year Residents
Full-Year and Part-Year Residents of
on line 6 any tax you paid on income from
To be eligible, you must have been a Minne-
Minnesota
a lump-sum distribution from a qualified
sota resident when you received the income
retirement plan.
that was taxed by both states. Also, you
Line 1
must file a return with the other state.
Determine the amount of federal adjusted
If you paid taxes to a Canadian province
gross income you received in 2012 while
or territory, follow the worksheet below to
If you were a resident of another
Exception:
a Minnesota resident. Of that amount,
determine line 6.
state but are required to file a Minnesota
determine the income that was taxed by the
income tax return as a resident, you may be
eligible for this credit if you paid 2012 state
tax on the same income to both Minnesota
Worksheet for Line 2 (for Full-Year Residents Only)
and the state of which you were a resident.
However, you must get a statement from the
1 Add lines 4 and 5 of Schedule M1M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
other state’s tax department stating you are
2 Federal adjusted gross income (from line 37 of federal Form 1040,
not eligible to receive a credit on that state’s
line 21 of Form 1040A, or line 4 of Form 1040EZ) . . . . . . . . . . . . . . . . . . . . . . .
return for income tax paid to Minnesota.
Include the statement and Schedule M1CR
3 Add step 1 and step 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
with your Form M1.
4 Net interest you received from U.S. bonds from line 18 of Schedule M1M . .
Minnesota Residents Working in
Michigan or North Dakota
5 Subtract step 4 from step 3. Enter result here and on
If you had 2012 state income tax withheld
line 2 of Schedule M1CR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
by Michigan or North Dakota from person-
al service income—such as wages, salaries,
Worksheet for Line 6 (If You Paid Canadian Taxes)
tips, commissions, bonuses —you received
from working in one of those states, do not
1 Total foreign taxes paid from line 9 of the federal Form(s) 1116 you
use Schedule M1CR. You can get a refund
completed for the Canadian taxes you paid . . . . . . . . . . . . . . . . . . . . . . . . . . . .
of the tax withheld for the period you were
a Minnesota resident by filing that state’s
2 Total federal foreign tax credit from line 22 of the Form(s) 1116
income tax return with that state.
for your Canadian taxes paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
However, if you paid 2012 income tax to
3 Subtract step 2 from step 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
one of those states on income other than
4 Tax paid to a Canadian province or territory on income you
from personal service income—such as in-
received while a Minnesota resident . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
come from rental property or from the sale
of real property—you may be eligible for
5 Amount from step 3 or step 4, whichever is less.
this credit. Complete Schedule M1CR.
Enter the result here and on line 6 of Schedule M1CR . . . . . . . . . . . . . . . . . . .
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