Schedule M1nc - Federal Adjustments - 2017 Page 5

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Worksheet for Line 8 — Student Loan Interest

If you are required to complete any of the other worksheets for line 8, you must complete those worksheets before completing

this worksheet.

Enter the total interest you paid in 2017 on qualified student loans (see instructions for federal Form 1040,

line 33, or Form 1040A, line 18). Do not enter more than $2,500 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the amount from line 22 your federal Form 1040, or line 15 of your Form 1040A . . . . . . . . . . . . . . . . .

Enter the total from your Schedule M1NC, lines 3 through 7. Also include the amount from step 15

of the worksheet for Line 8 - Rental Real Estate Losses; step 16 of the worksheet for line 8 -

Social Security Income, and the amount from step 13 of the worksheet for line 8 -

Minnesota IRA deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the sum of the totals from any other worksheet for line 8

that you completed. If the result is negative, include as a negative amount . . . . . . . . . . . . . . . . . . . . . . . . . . .

Add steps 2-4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the total of the amounts from your federal Form:. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

-1040, lines 23 through 32, plus any write-in adjustments included on line 36

-1040A, lines 16 and 17

Subtract step 6 from step 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If your filing status is single, head of household, or qualifying widow(er), enter $65,000.

If your filing status is married filing joint, enter $130,000. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Subtract step 8 from step 7. If the result is $0 or less, skip steps 10 and 11, and enter the

amount from step 1 on step 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10 Divide step 9 by $15,000 ($30,000 if marrid filing jointly). Enter the result as a decimal rounded

to at least 3 places. If the result is 1.000 or more, enter 1.000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

11 Multiply step 1 by step 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

12 Subtract step 11 from step 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13 Enter the amount from line 33 of your federal Form 1040, or line 18 of your Form 1040A. . . . . . . . . . . . . . .

14 Subtract step 12 from step 13. If the result is positive, include the result on line 8.

If the result is less than $0, include the result as a positive amount on line 14 . . . . . . . . . . . . . . . . . . . . . . . . .