Fillable M1wfc 19 2019 M1WFC, Minnesota Working Family Credit

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M1wfc 19 2019 M1WFC, Minnesota Working Family Credit

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Number of Qualifying Children: None One Two Three or More
A — Child 1 B — Child 2 C — Child 3
Child’s First Name and Middle Inial..........a1 b1 c1
Child’s Last Name .........................a2 b2 c2
Child’s Social Security Number...............a3 b3 c3
Child’s Date of Birth .......................a4 b4 c4
Child’s Relaonship to You ..................a5 b5 c5
Number of Months Child Lived
with you in 2019 (See Instrucons) ...........a6 b6 c6
Check Box if Child is Under Age 24
and a Full-Time Student ....................a7 b7 c7
Check Box if Child is Permanently
and Totally Disabled in Any part of 2019.......a8 b8 c8
1 Enter your total earned income from line 1 of the federal EIC Worksheet A or line 6 of EIC Worksheet B. ..... 1
2 Usingtheamountonline1,yourlingstatus,andthenumberofqualifyingchildren,
ndthecreditamountusingtheWorkingFamilyCredittableintheFormM1instrucons
(If the result is zero, STOP HERE; you do not qualify for this credit) ..................................... 2
3 Federaladjustedgrossincome (from line 1 of Form M1; if less than zero, enter as a negave number) ....... 3
4 If you have:
• Noqualifyingchildren,isline3lessthan$8,730($14,570ifmarriedlingjoint)?
• Onequalifyingchild,isline3lessthan$22,770($28,610ifmarriedlingjoint)?
• Twoqualifyingchildren,isline3lessthan$27,000($32,840ifmarriedlingjoint)?
• Threeormorequalifyingchildren,isline3lessthan$27,300($33,140ifmarriedlingjoint)?
Yes. Skipthislineandgotoline5below.
No. Usingtheamountonline3,yourlingstatus,andthenumberofqualifyingchildren,
ndthecreditamountusingtheWorkingFamilyCreditTableintheFormM1instrucons ..................... 4
5 Working family credit amount.
• If you answered Yesonline4,entertheamountfromline2.
• If you answered Noonline4,entertheamountfromline2orline4, whichever is less ................ 5
Full-year residents: Alsoenterthisamountonline2ofScheduleM1REF.
6 Part-year residents: Mulplyline5byline24ofScheduleM1NR.Entertheresulthereandonline2of
ScheduleM1REF.However,ifyourMinnesotagrossincomeislessthan$12,200,
seeinstrucons;entertheresultfromstep7oftheWorksheetforLine6 ............................... 6
Entertheresultfromstep5oftheWorksheetforLine6
Include this schedule with your Form M1. Enter the number of qualifying children on line 2a of Schedule M1REF.
Round amounts to the nearest whole dollar.
9995
2019 Schedule M1WFC, Minnesota Working Family Credit
Your First Name and Inial Last Name Your Social Security Number
To claim this credit, you must be a full- or part-year resident of Minnesota. If you are a full-year nonresident, you are not eligible for this credit.
Beforeyoucompletethisschedule,completetheappropriatefederalEICworksheet.IfyouarerestrictedbytheInternalRevenueService(IRS)from
claimingtheEIC,donotcompleteScheduleM1WFC.
*191441*
Am I eligible?
You may be eligible for the Minnesota Working Family Credit if all of the following are true:
• You were a full-year or part-year resident of Minnesota in 2019
• You meet the income requirements below based on your ling status and number of qualifying children
• The Internal Revenue Service (IRS) has not restricted you from claiming the federal Earned Income Credit (EIC)
• You are not a dependent of another person
• You are not a qualifying child of another taxpayer
Before you can complete Schedule M1WFC, you must complete the appropriate federal EIC Worksheet.
Income requirements
You may qualify for the Minnesota Working Family Credit if your income is below the limit for your ling status and qualifying children:
Number of Qualifying Children Filing Status Income Limit
None(ifbetweentheageof21and64) MarriedFilingJoint $28,600
OtherThanMarriedFilingJoint $22,700
One MarriedFilingJoint $47,300
OtherThanMarriedFilingJoint $41,500
Two MarriedFilingJoint $53,500
OtherThanMarriedFilingJoint $47,600
ThreeorMore MarriedFilingJoint $57,000
OtherThanMarriedFilingJoint $51,200
Informaon on Qualifying Children
Near the top of Schedule M1WFC, check the box indicating your total number of qualifying children. Enter the requested information for each
qualifying child. If you have more than three qualifying children, list only three.
Enter the number of months the child lived with you during the year. If the child lived with you in the United States for more than half of the
year but less than seven months, enter “7” in the space provided. If the child was born or had died in 2019 and lived in your home for the entire
time they were alive during the year, enter “12.”
Enter the number of qualifying children on line 2a of Schedule M1REF, Refundable Credits.
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
Complete Step 1 through Step 5 in the instructions for Line 18a - Earned Income Credit of federal Form 1040 prior to completing the appropri-
ate EIC Worksheet. When completing the federal EIC Worksheet, disregard the adjusted gross income limitations for Step 1 and Step 4 and the
earned income limitation for Step 5. Complete Step 4 using between ages 21 and under age 65 for the age requirements.
If you lived in a qualied disaster area and were allowed to use your 2018 earned income to determine your federal Earned Income Tax Credit,
you must use your 2019 earned income to determine line 1.
Line 6 — Part-year residents
If you are a part-year resident, you will determine your credit using your percentage of income taxable to Minnesota.
If your gross income is less than $12,200, you should have entered zero on line 22 of Schedule M1NR, Nonresidents/Part-Year Residents.
To determine this credit, fully complete Schedule M1NR (do not skip lines 12-21) to determine what the amounts would have been, and then
complete the Worksheet for Line 6.
2019 Schedule M1WFC Instrucons
Worksheet for Line 6 (for part-year residents whose Minnesota gross income is less than $12,200)
Note: If you are a full-year nonresident, do not use this worksheet. You are not eligible for this credit.
1 Line 11, column B, of Schedule M1NR ....................................................................
2 Line 21, column B, of Schedule M1NR ....................................................................
3 Subtract step 2 from step 1. (If result is zero or less, STOP HERE. You do not qualify for the credit) ...................
4 Line 23 of Schedule M1NR .............................................................................
5 Divide step 3 by step 4 and enter the result as a decimal (carry to ve decimal places). If step 3 is more than step 4,
enter 1.0. Enter the result on the space provided on line 6 of Schedule M1WFC ....................................
6 Amount from line 5 of Schedule M1WFC ..................................................................
7 Multiply step 5 by step 6. Enter the result on line 6 of Schedule M1WFC and on line 2 of Schedule M1REF ..............
.
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M1wfc 19 2019 M1WFC, Minnesota Working Family Credit

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Completed 28 June 2020

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