Get Mn Dor Schedule M1mt 2021-2025

This guide offers step-by-step instructions on completing the MN Department of Revenue Schedule M1MT for calculating your Minnesota alternative minimum tax. Whether you are familiar with tax forms or not, this comprehensive overview will help you navigate each section with confidence.

Follow the steps to complete the MN DoR Schedule M1MT online.

1. Press the 'Get Form' button to access the MN DoR Schedule M1MT and open it in an editor.
2. Fill in your first name and initial in the designated field, followed by your last name and Social Security Number. Ensure that all details are accurate.
3. Review the instructions on the following page before proceeding with the form. This step is critical for understanding how to fill out the form correctly.
4. Start with line 1 and enter your federal adjusted gross income from Form M1 or Schedule M1NC. Make sure your figures are rounded to the nearest whole dollar.
5. For line 2, include any other adjustments and preferences from federal Form 6251. Carefully input these amounts to maintain accuracy.
6. On line 3, provide any federal nonconformity adjustments to Minnesota AMT and refer to the worksheets if necessary.
7. Line 4 requires you to add any other additions, specifically referencing Schedule M1MB's applicable lines.
8. Continue through the subsequent lines (5-28), ensuring to follow the instructions for each line. Include relevant amounts from your records as needed.
9. Once you reach line 29, determine if you owe Minnesota AMT by comparing the values on lines 27 and 28, entering the appropriate result.
10. Before submission, ensure you attach a completed Form 6251 and keep a copy of all documents. You may then save your changes, download, print, or share the completed form as you see fit.

Start filling out the MN DoR Schedule M1MT online now!