To enter your Minnesota Rebate Form 1099-MISC, follow the instructions below:
Launch TurboTax and select Wages and Income
Scroll down to Other Common Income and select Start by 1099-MISC
Enter your 1099-MISC and select Continue
Enter MN Rebate for the description and Continue
On the Does one of these uncommon situations apply? screen, selectNone of these apply
Did this involve work that's like your main job? screen, select No, it didn't involve work like my main job
On the How often did you get this income? screen, select I got it in 2023 and Continue
On the next screen, select No, it didn’t involve an intent to earn money, and Continue
On the next screen, select No, if you don’t have any more forms to enter and Continue
You will see the income on line 8z with a description of Other Income (which will flow to line 8 of your 1040). When you pay for TurboTax, you will be able to view your forms.
Follow the steps below to deduct your MN tax rebate from your income so you won’t pay state tax on it:
Select Prepare State from the menu on the left side and select Start
Select MN and select Continue
Scroll through the screens and when you get to Tell Us About Other Income Adjustments, select Received a one-time tax rebate for tax year 2023 from the State of Minnesota and select Continue
Enter the Rebate Payment Amount
You will see the subtraction of your MN rebate from your income on line 7 of your MN M1 form since your rebate is not taxable in MN.
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