Fillable 2019 Schedule M1ED, K12 Educaon Credit (Minnesota Department of Revenue)

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2019 Schedule M1ED, K12 Educaon Credit (Minnesota Department of Revenue)

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7 Fees for enrichment or academic classes taken outside the regular school day or
school year. Do not include private school tuion ......................... 7
Organizaonandtypeofclass:
8 Feesforindividualinstruconbyaqualiedinstructortaughtoutsidethe
regular school day or year, such as tutoring or music lessons ................. 8
Nameofinstructorororganizaon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. ........................................ 10
Typeandcostofeach
:
11 Transportaoncostspaid to others for the regular school day .............. 11
Transportaonprovider:
12 Add lines 7 through 11 for each column ................................. 12
13 Add line 12 for all columns ............................................................................ 13
14 Personalcomputerhardwareandeducaonalsowareexpenses,notto
exceed$200.(Do not include monthly service fees for internet access) ........................................ 14
15 Add line 13 and line 14 ............................................................................... 15
16 Mulplyline15by75%(.75) .......................................................................... 16
17 If your household income on line 6 is $33,500 or less,mulplythenumberofqualifyingchildren
ingradesK–12by$1,000.Ifitismore than $33,500,completetheWorksheetforLine17intheinstrucons........ 17
18
Amount from line 16 or line 17, whichever is less
.
Full-year residents: Also enter this amount on line 3 of Schedule M1REF ...................................... 18
19 Part-year residents and nonresidents:Mulplyline18byline24ofScheduleM1NR.Entertheresult
hereandonline3ofScheduleM1REF.However,ifyourMinnesotagrossincomeislessthan$12,200,complete
worksheetininstrucons;enterresultfromstep5ofworksheethere: andenterstep6online19 .... 19
Enter qualifying children on line 3a of Schedule M1REF. Include this schedule with your Form M1. Save your receipts.
Qualifying Child’s Name
Child’s Social Security Number
K-12 Grade for Which Expenses Incurred
Date of Birth
Type of School Aended
(Public, Private, Home School)
Your First Name and Inial Last Name Social Security Number
Total Number of Qualifying Children
1 Federal adjusted gross income (from line 1 of Form M1; if a negave number, enter in parentheses). ............. 1
2 SocialSecurityandRailroadRerementBoardbenetsreceivedandnotincludedinline1 ..................... 2
3 DeduconforpaymentsmadetoanIRA,SEP,orSIMPLEplan (add lines 15 and 19 of federal Schedule 1).......... 3
4 TotalpaymentsfromprogramsincludingMFIP(MinnesotaFamilyInvestmentProgram),MSA(MinnesotaSupple-
 mentalAid),SSI(SupplementalSecurityIncome),GA(GeneralAssistance),andHousingSupport(formerly GRH) ... 4
5 Addionalnontaxableincomesuchascontribuonstoa401(k)ordeferredcompensaonplan,workers’
 compensaon,andgrantsandscholarships(see instrucons for more examples) ............................. 5
Listtypesandamounts:
6 Householdincome.Addlines1through5 (if zero or less, enter 0)........................................... 6
2019 Schedule M1ED, K–12 Educaon Credit
You must have receipts as proof of your educaon expenses. Keep these receipts with your tax records.
Child A Child B Child C
Qualifying Educaon Expenses—In columns A–C,
listexpensespaidin2019foreachqualifyingchild
separately.Ifyouhaveexpensesformorethan
threechildren,includeaseparatesheetthatshows
lines7–12foreachaddionalchild.SeeFormM1
instruconsforalistofqualifyingexpenses.
9995
*191351*
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 instrucons for line 6.
(also enter in the box on line 3a of Schedule M1REF)
Am I eligible?
You may be eligible for this credit if you paid education-related expenses for a qualifying child in grades Kindergarten through 12 (K-12).
What is a qualifying child?
For this credit, a qualifying child must:
• Be your child, descendent, sibling, niece, or nephew.
• Be enrolled in a grade K-12.
• Have lived with you more than half the year.
• Not be claimed as a qualifying child by any other person.
What are educaon-related expenses?
Education-related expenses include the purchase of required educational material for use during the regular school day, fees for after-school
enrichment programs, and tutoring by a qualied instructor. See Income Tax Fact Sheet 8, K–12 Education Subtraction and Credit.
If you cannot use expenses for this credit, you may be able to use them for the K-12 Education Subtraction. For details, see the instructions
for line 19 of Schedule M1M, Income Additions and Subtractions.
Do I need proof?
Yes. Save a detailed record of your payments — including canceled checks, invoices, and itemized receipts — for all qualied expenses. We
may ask you to show these records if we have questions.
Is there a penalty for fraudulently claiming a refund?
Yes. If you le a return that fraudulently claims a credit, you will be assessed a penalty equal to 50 percent of the fraudulently claimed credit.
Line Instrucons
Round amounts to the nearest whole dollar.
Line 1
Enter your adjusted gross income from line 1 of Form M1. If the amount is less than zero, enter the negative number with parentheses.
If you did not le a 2019 federal return, complete a federal return and instructions to determine what your federal adjusted gross income
would have been.
Line 5
Enter the total nontaxable income you received in 2019 that is not included on lines 1 through 4. Enter the type(s) of income below line 5.
Common examples include:
• payments received under the state Medicaid Home & Community-Based Services Waiver (Medicaid Waiver)
• employer-paid education or adoption expenses
• workers compensation benets
• your contributions to an employee elective deferral plan, such as a 401(k), 403(b), 457
deferred compensation, or SIMPLE/SEP plan
• contributions made to a dependent care account (as shown on your Form W-2) and medical expense account
• nontaxable employee transit and parking expenses
• veterans benets
• nontaxable scholarships, fellowships, grants for education, including those from foreign sources, and tuition waivers or reductions
•
nontaxable pension and annuity payments, including disability payments (Do not include distributions from a Roth IRA or any pension or
annuity that you funded exclusively, for which you could not claim a federal deduction for your contributions)
• federally nontaxed interest and mutual fund dividends
• income excluded by a tax treaty
• rent reduction received for being a caretaker
• military or clergy housing allowance
• nontaxable military earned income, such as combat pay
• strike benets
• the gain on the sale of your home excluded from federal income
• debt forgiveness income not included in federal adjusted gross income
Also include on line 5 the following losses and deductions to the extent they reduced federal adjusted gross income:
• tuition and fees deduction
• educator expenses deduction
• health savings account, Archer MSA, and
domestic production activities deductions
2019 Schedule M1ED Instrucons
.
• capital loss carryforward
• net operating loss carryforward/carryback
• current year passive activity losses, including rental losses in excess of current year passive activity income
• prior year passive activity loss carryforward claimed in 2019 for federal purposes
Do not include on line 5:
• Minnesota property tax refunds
• child support payments
• a dependent’s income, including Social Security
• any state income tax refunds not included on line 1
• the dollar value of food, clothing, food stamps, and medical supplies received from government agencies
• payments from life insurance policies
• payments by someone else for your care by a nurse, nursing home or hospital
• fuel assistance payments
• IRA rollovers
• gifts and inheritances
• nontaxable Holocaust settlement payment
Line 6
The household income limit is based on the number of qualifying children you have in grades K–12.
If your total number of qualifying children in K-12 is: your household income must be less than:
1 or 2 $37,500
3 $39,500
More than 3 $39,500 plus $2,000 for each additional child
If your household income is more than the limits shown, you do not qualify for the credit. However, you may qualify for the K-12 Education
Subtraction. See the instructions for line 19 of Schedule M1M.
Line 17
If line 6 is more than $33,500, complete the Worksheet for Line 17.
Line 19
If your Minnesota gross income is below the ling requirement, you should have entered zero on line 22 of Schedule M1NR. To determine
this credit, fully complete Schedule M1NR, Nonresidents/Part-Year Residents (do not skip lines 12-21) to determine what the amounts would
have been, and then complete the Worksheet for Line 19.
Worksheet for Line 19
1 Line 11, column B, of Schedule M1NR ....................................................................
2 Line 21, column B, of Schedule M1NR ....................................................................
3 Subtract step 2 from step 1 (If zero
or less, STOP HERE. You do not qualify)
......................................
4 Line 23 of Schedule M1NR .............................................................................
5 Divide step 3 by step 4 (carry to ve decimal places). If step 3 is more than step 4,
enter 1.0. Enter result on the space provided on line 19 of Schedule M1ED .........................................
6 Multiply step 5 by line 18 of Schedule M1ED. Enter the result here and on line 19 of Schedule M1ED
and line 3 of Schedule M1REF
...........................................................................
Worksheet for Line 17 (If Line 6 is More Than $33,500)
1
Multiply the number of qualifying children in grades K–12 by $1,000
.............................................
2 Line 6 of Schedule M1ED .............................................................................
3 Income limit .......................................................................................
4 Subtract step 3 from step 2 ............................................................................
5 Multiply step 4 by .25 if you have only one qualifying child, or .50 if two or more qualifying children .................
6
Subtract step 5 from step 1. Enter the result here and on line 17 (If zero or less, STOP HERE. You do not qualify)
.........
$33,500
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2019 Schedule M1ED, K12 Educaon Credit (Minnesota Department of Revenue)

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Completed 29 July 2020

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