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March 21, 2025
Question

Should "Income received from state refund" include M1REF?

  • March 21, 2025
  • 1 reply
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1 reply

JohnB5677
March 21, 2025

No, the Minnesota Credit M1REF is not taxable.  

  • However, it may be included on your federal taxes under state refunds.
  • This will only have an impact if you Itemized deductions in the previous year.
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