Fillable 2019 Schedule M1RCR, Credit for Tax Paid to (Minnesota Department of Revenue)

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2019 Schedule M1RCR, Credit for Tax Paid to (Minnesota Department of Revenue)

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Full-Year Residents and Part-Year Residents
1 Amount of adjusted gross income you received while
a Minnesota resident that was taxed by Wisconsin (see instrucons) ...................................... 1
2 Your adjusted gross income adjusted by U.S. bond interest and bonds of another state (see instrucons)
........ 2
3 Divide line 1 by line 2. Enter the result as a decimal (carry to
ve decimal places; if line 1 is more than line 2, enter 1.00000) ........................................... 3
4 CompletethelinesbelowtodetermineyourMinnesotataxaercredits.
a Tax from line 13 of Form M1.............................................. 4a
b Add lines 16 and 17 of Form M1 and lines 1-6 of Schedule M1C
................ 4b
Subtract line 4b from line 4a (if result is zero or less, enter 0) ................................................ 4
5 Mulplyline4byline3 ............................................................................ 5
6 From your Wisconsin Form 1NPR, enter the income tax amount before
yousubtractanytaxwithheldoresmatedtaxpayments(see instrucons)
................................. 6
7 Full-year residents: Enter amount from line 5 or line 6, whichever is less. Also include on line 18 of Form M1.
Part-year residents: Completetheworksheetintheinstrucons.Donotentermorethantheamountonline5... 7
8 Subtract line 7 from line 6 ........................................................................... 8
9 Amount included on line 1 that is from wages or personal service income received
while a Minnesota resident that was taxed by Wisconsin ................................................. 9
10 Divide line 9 by line 1 (carry to ve decimal places; if line 9 is more than line 1, enter 1.00000) ................ 10
11 Full-year residents:Mulplyline8byline10.Entertheresulthereandline5ofScheduleM1REF.
Part-year residents:Completetheworksheetintheinstrucons.
Enter the result here and line 5 of Schedule M1REF. ................................................. 11
You must include this schedule with your Form M1.
2019 Schedule M1RCR, Credit for Tax Paid to Wisconsin
Your First Name and Inial Last Name Social Security Number
Complete this schedule if you paid state income tax to Minnesota and Wisconsin on the same income while a resident of Minnesota. If
you paid income tax to other states or Canadian provinces, complete Schedule M1CR, Credit for Taxes Paid to Another State.
To be eligible for this credit, you must have been a full- or part-year resident of Minnesota in 2019 and have paid 2019 state income tax to
both Minnesota and Wisconsin on the same income.
Round amounts to the
nearest whole dollar.
.
9995
*191841*
.
2019 Schedule M1RCR Instrucons
Am I eligible?
You may be eligible for the Credit for Tax Paid to Wisconsin if all of the following are true:
• You were domiciled in Minnesota for all or part of 2019
• You incurred 2019 income tax for Minnesota and for Wisconsin on the same income
• You led a 2019 Wisconsin Form 1NPR
• You were a Minnesota resident when you received the income taxed by both states
Include: Income taxes paid to Wisconsin by an S corporation or a partnership that you included on line 5 of Schedule M1M.
Do not include: Tax paid to any of the following:
• A state other than Wisconsin
• A local unit of government (such as a city, county, or school district)
• A national government, including a possession of the United States or the national government of Canada
• A Canadian province or territory
Part-Year Residents
To be eligible, you must have been a Minnesota resident when you received the income that was taxed by both states. Also, you must le a
return with Wisconsin.
What if I paid income taxes to another state?
1 Complete a Schedule M1CR for each state.
2 Add the amounts from line 7 or line 11, whichever applies, from each Schedule M1CR and Schedule M1RCR.
3 Enter the result from step 2 on line 18 of Form M1.
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.
Full-Year and Part-Year Residents of Minnesota
Line 1
Determine the amount of adjusted gross income you received in 2019 while a Minnesota resident. Your adjusted gross income is line 1 of
Form M1. Of that amount, determine the income that Wisconsin taxed, and enter on line 1. For Minnesota full-year residents, this is your
Wisconsin income from column B of Form 1NPR. Also include any non-Minnesota municipal bonds taxed by Wisconsin.
Do not include any income you received from a lump-sum distribution from a qualied retirement plan listed as income on your Schedule
M1LS, Tax on Lump-Sum Distribution.
Line 2
Full-Year Residents: Complete the worksheet for line 2 below.
Part-Year Residents: From Schedule M1NR, add line 18, column B, line 20 column B, and line 22. Then subtract line 10, column B. Enter
the result on line 2 of Schedule M1RCR.
Line 6
Enter the income tax amount from Wisconsin Form 1NPR. The amount of tax must be before you add any donations and before you subtract
any income tax withheld by Wisconsin or any estimated tax you paid to Wisconsin. Do not include tax you paid to a local unit of government
(such as a city, county, or school district).
If you led Schedule M1LS, do not include any tax you paid on income from a lump-sum distribution from a qualied retirement plan.
Worksheet for Line 2 (for Full-Year Residents Only)
1 Add lines 1 and 2 of Schedule M1M ...................................................................
2 Minnesota adjusted gross income (see line 1 instructions) ...................................................
3 Add step 1 and step 2 ...............................................................................
4 Net interest you received from U.S. bonds from line 18 of Schedule M1M .....................................
5 Subtract step 4 from step 3. Enter result here and on line 2 of Schedule M1RCR .................................
2019 Schedule M1RCR Instrucons, connued
Line 7
Part-year residents: Complete the Worksheet for Line 7.
Line 9
Enter the amount of compensation you received for personal service income (wages, salaries, tips, commissions, and bonuses) that Wisconsin
taxed while you were a Minnesota resident.
If you own a business that sells services in Wisconsin, you may include compensation for professional services you personally provide if the
business income generated by your employees or from the sale of goods is incidental. Your employee salaries and gross prot from the sale of
goods are considered incidental if they add up to less than $20,000 or 10 percent of the gross prot, whichever is greater.
Line 11
Part-year residents: Complete the Worksheet for Line 11.
Quesons?
Forms and information are available on our website at www.revenue.state.mn.us.
If you have questions:
• Visit our website at www.revenue.state.mn.us
• Send us an email at individual.incometax@state.mn.us
• Call us at 651-296-3781 or 1-800-652-9094
This information is available in alternate formats.
Worksheet for Line 7 (for Part-Year Residents Only)
1 From your Wisconsin Form 1NPR, enter the Wisconsin Income from column B. ...............................
2 Enter the amount from line 1 of Schedule M1RCR .......................................................
3 Divide step 2 by step 1 .............................................................................
4 Enter the amount from line 6 of Schedule M1RCR .......................................................
5 Multiply step 4 by step 3 ............................................................................
6 Enter the amount from line 5 of Schedule M1RCR........................................................
7 Enter the smaller of step 5 or step 6 here and on line 7 of Schedule M1RCR.
Also include this amount on line 18 of Form M1. .........................................................
Worksheet for Line 11 (for Part-Year Residents Only)
1 From your Wisconsin Form 1NPR, enter the Wisconsin Income from column B. ................................
2 Enter the amount from line 9 of Schedule M1RCR ........................................................
3 Divide step 2 by step 1 ..............................................................................
4 Enter the amount from line 6 of Schedule M1RCR ........................................................
5 Multiply step 4 by step 3 .............................................................................
6 Enter the amount from line 7 of Schedule M1RCR.........................................................
7 Subtract step 6 from step 5. Enter the result here and on line 11 of Schedule M1RCR .............................
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2019 Schedule M1RCR, Credit for Tax Paid to (Minnesota Department of Revenue)

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Completed 29 July 2020

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