Schedule M1ed - K-12 Education Credit - 2017

ADVERTISEMENT

*171352*
2017 Schedule M1ED, K–12 Education Credit
You must have receipts as proof of your education expenses; keep with your tax records.
Your First Name and Initial
Last Name
Social Security Number
Total Number of Qualifying Children in
Grades K–12 (also enter in the box
by line 3 of Schedule M1REF):
1 Federal adjusted gross income (from federal line 37 of Form 1040 or line 21 of Form 1040A) . . . . . . . . . . . . . . . . . . . . 1
2 Nontaxable Social Security and/or Railroad Retirement Board benefits received
and not included in line 1 above . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Deduction for payments made to an IRA, SEP or SIMPLE plan (add lines 28 and 32 of
Form 1040 or line 17 of Form 1040A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Total payments from programs including MFIP (Minnesota Family Investment Program),
MSA (Minnesota Supplemental Aid), SSI (Supplemental Security Income), GA (General Assistance) and
GRH (Group Residential Housing) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Additional nontaxable income such as contributions to a 401(k) or deferred compensation plan, workers’
compensation, and grants and scholarships (see instructions for more examples) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
Enter total and type(s):
6 Household income. Add lines 1 through 5 (if result is zero or less, enter 0) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
If you have one or two qualifying children and line 6 is $37,500 or more, STOP HERE; you do not qualify.
If you have more than two qualifying children, see the instructions for line 6.
Qualifying Education Expenses—See the M1 instructions.
A—1st Child
B—2nd Child
C—3rd Child
In columns A–C, list expenses paid in 2017 for each
Qualifying Child’s Name
qualifying child separately. If you have expenses for
Child’s Social Security Number
more than three children, include a separate sheet
K-12 Grade(s) in Which Expenses Incurred
that shows lines 7–12 for each additional child.
Date of Birth
Type of School Attended: Public, Private, Home School
7 Fees for enrichment or academic classes taken outside the regular school day or
school year. Do not include private school tuition. List organization and type
of class:
. . . . . . . 7
8 Fees for individual instruction by a qualified instructor taught outside the
regular school day or year, such as tutoring or music lessons . . . . . . . . . . . . . . . . . . 8
Enter the name of instructor or organization and the type of class:
9 Purchases of required school materials: textbooks, paper, pencils,
notebooks, etc. You must have itemized cash register receipts . . . . . . . . . . . . . . . 9
10
Purchases or rentals of musical instruments used during the regular
school day. Type and cost of each:
. . . . . . . . . . . . . . 1 0
11
Transportation costs paid to others for the regular school day
Transportation provider:
. . . . . . . . . . . . . . 1 1
12
Add lines 7 through 11 for each column . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2
13
Add line 12 for all columns . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 3
14
Personal computer hardware and educational software expenses, not to
exceed $200. (Do not include monthly service fees for Internet access) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 4
15
Add line 13 and line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 5
16
Multiply line 15 by 75% (.75) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 6
17
If your household income on line 6 is $33,500 or less, multiply the number of qualifying children
in grades K–12 by $1,000. If it is more than $33,500, complete the worksheet on back . . . . . . . . . . . . . . . . . . . . . . . 1 7
18
Amount from line 16 or line 17, whichever is less.
Full-year residents: Also enter this amount on line 3 of Schedule M1REF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 8
19
Part-year residents and nonresidents: Multiply line 18 by line 25 of Schedule M1NR. Enter the result
here and on line 3 of Schedule M1REF. However, if your Minnesota gross income is less than $10,400, see
and enter step 6 on line 19 . . . . . . . . . . . . 1 9
instructions; enter result from step 5 of worksheet here:
Enter qualifying children on line 3a of Schedule M1REF. Include this schedule with your return. Save your receipts.
9995

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2