Schedule M1wf - Minnesota Working Family Credit

2017 Schedule M1WFC Instructions

Am I eligible?

Information on Qualifying

Is there a penalty for fraudulently

Children

claiming a refund?

You may be eligible for the Minnesota

Working Family Credit if both of the fol-

Near the top of Schedule M1WFC, check

Yes. If you file a return that fraudulently

lowing are true:

the box that indicates the total number of

claims a credit, you will be assessed a pen-

qualifying children. Enter the requested in-

alty equal to 50 percent of the fraudulently

• You were a full-year or part-year resident

formation for each qualifying child. If you

claimed credit.

of Minnesota in 2017.

have more than two qualifying children, list

• You are eligible for the federal Earned

Line Instructions

only two.

Income Credit (EIC).

Round amounts to the nearest whole dollar.

Enter the number of months the child lived

Before you can complete Schedule

with you during the year. If the child lived

Line 6

M1WFC, you must:

with you in the United States for more than

Part-year residents

1. Follow the steps in the instructions for

half of the year but less than seven months,

The credit for part-year residents is deter-

your federal return to determine if you

enter “7” in the space provided. If the child

mined using the percentage of income tax-

qualify for the federal EIC

was born or died in 2017 and lived in your

able to Minnesota.

2. Complete the appropriate federal EIC

home for the entire time he or she was alive

If your gross income is below the filing

Worksheet

during the year, enter “12.”

requirement, and you are filing Form M1

to claim this credit, you should have entered

Income requirements

Enter the number of qualifying children on

zero on line 23 of Schedule M1NR. To cor-

line 2a of Schedule M1REF, Refundable

If you have one qualifying child on federal

rectly determine your credit, you must:

Credits.

Schedule EIC, the income requirements

for the Minnesota Working Family Credit

1. Fully complete Schedule M1NR by

are the same as the federal Earned Income

following the line instructions.

Credit.

2. Use the worksheet for line 6 (below).

If you have two or more qualifying children

on federal Schedule EIC, you qualify for

the Minnesota Working Family Credit

Worksheet for Line 6 (for part-year residents whose Minnesota gross income is less

unless your income is above the following

than $10,400) Note: full-year nonresidents are not eligible for this credit and should

amount based on your filing status:

not use this worksheet.

Filing Status

Income Limit

1. Line 11, column B, of Schedule M1NR . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Married filing joint

$50,500

2. Line 22, column B, of Schedule M1NR . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Other than married filing joint

44,900

3. Subtract step 2 from step 1. (If result is zero or less, stop

here. You do not qualify for the credit) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4. Line 24 of Schedule M1NR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5. Divide step 3 by step 4 and enter the result as a decimal (carry to five

decimal places). If step 3 is more than step 4, enter 1.0. Also enter the

result on the space provided on line 6 of Schedule M1WFC . . . . . . . . . . . .

6. Amount from line 5 of Schedule M1WFC . . . . . . . . . . . . . . . . . . . . . . . . . .

7. Multiply step 5 by step 6. Also enter the result on line 6 of

Schedule M1WFC and on line 2 of Schedule M1REF . . . . . . . . . . . . . . . . .

Schedule M1wf - Minnesota Working Family Credit - 2017 Page 2

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