The Minnesota M1X form is an amended income tax return that allows individuals to correct errors or make changes to their original 2010 Minnesota tax filings. This form is essential for those who need to adjust their taxable income, claim refunds, or address changes resulting from federal audits. If you need to amend your tax return, take the first step by filling out the M1X form.
To get started, click the button below.
Mn Gambling - This form is used primarily for state compliance purposes.
For those interested in the eviction process, the fundamental Notice to Quit guidelines provide valuable insight into this critical legal document, outlining the necessary steps landlords must take to inform tenants of lease violations.
Mn Dhs Forms - Individual Abuse Prevention Plan identifies strategies for individual safety and care.
Property Tax Refund - It is essential to keep copies of the CRP for record-keeping.
The Minnesota M1X form is utilized by individuals to amend their original Minnesota income tax return. When filing this form, there are several other documents that may be necessary to ensure that the amendment is processed correctly. Below is a list of commonly used forms and documents that accompany the M1X form, along with brief descriptions of each.
In summary, filing the Minnesota M1X form often requires additional documentation to support the amendments being made. Ensuring that all relevant forms are included can help facilitate a smoother review process by the Minnesota Department of Revenue. It is important to carefully gather and submit these documents to avoid delays in processing your amended return.
What is the Minnesota M1X form?
The Minnesota M1X form is used to amend your original Minnesota individual income tax return for the year 2010. It allows taxpayers to correct errors or make changes to their previously filed Form M1. This form must be filled out accurately to ensure proper processing and to avoid delays.
Who should file the M1X form?
Individuals who need to amend their original 2010 Minnesota income tax return should file the M1X form. This includes those who have changes due to federal audits, adjustments, or other reasons affecting their tax situation. If you are married and filing separately, do not include your spouse's information on the form.
What are the deadlines for filing the M1X form?
To claim a refund, you must file the M1X form within 3½ years of the original due date of your return. If your federal return has changed or if you have been assessed additional income tax by the department, different deadlines may apply. If you owe additional tax, you must file within the same 3½ year timeframe.
What should I do if my federal return has been audited?
If the IRS audits your federal return and it affects your Minnesota return, you have 180 days to file the M1X form. Be sure to check the appropriate box on the form and include a complete copy of the IRS adjustment notice or Form 1040X.
Can I change my filing status on the M1X form?
No, you cannot change your filing status from married filing jointly to married filing separately after the original due date has passed. Ensure that the filing status you select on the M1X matches what was on your original return.
What information do I need to complete the M1X form?
You will need your original 2010 Form M1, the Minnesota income tax instruction booklet for 2010, and any relevant schedules or forms that support your changes. This includes any corrected schedules if your changes affect the amounts reported on them.
What if I am filing for someone else?
If you are filing the M1X form on behalf of another taxpayer, you must include Form REV184, Power of Attorney, or a court appointment authorizing you to represent them. For claims on behalf of a deceased person, include the necessary court documents along with Form M23.
How do I submit my M1X form?
Mail your completed M1X form along with any required enclosures to Minnesota Amended Individual Income Tax, Mail Station 1060, St. Paul, MN 55145-1060. Ensure that all required information is provided to avoid delays in processing.
What happens if I do not report federal changes?
If you fail to report required federal changes within the specified timeframe, a 10 percent penalty may be assessed on any additional tax due. Additionally, the department may have an extended period to audit your return, which could lead to further complications.
Filling out the Minnesota M1X form can be a straightforward process, but many people make common mistakes that can delay their tax returns or lead to penalties. Awareness of these pitfalls is crucial for ensuring a smooth filing experience.
One frequent error is neglecting to check the filing status. Individuals often forget to indicate whether they are filing as single, married filing jointly, or married filing separately. This can lead to incorrect calculations and potential issues with the Minnesota Department of Revenue.
Another common mistake involves inaccurate reporting of income changes. When amending a return, it is essential to provide the correct amounts in the designated columns. Failing to adjust the income or incorrectly entering figures can result in delays or even audits. Always double-check the amounts from the original return and any supporting documents.
Many filers also overlook the requirement to explain changes on the back of the form. If you are amending due to a federal audit or other reasons, providing a brief explanation is necessary. This helps the Department of Revenue understand the context of the changes and expedites the review process.
Additionally, not enclosing necessary documents is a common mistake. If the amendment is based on an IRS adjustment, filers must include a complete copy of the IRS adjustment notice. Omitting this documentation can lead to processing delays or denial of the amended return.
Another critical error is failing to sign the form. Both the taxpayer and spouse (if filing jointly) must sign the M1X form. Without signatures, the return cannot be processed, which could result in penalties or loss of refunds.
Lastly, missing the filing deadline can have serious consequences. To claim a refund, the M1X form must be filed within 3½ years of the original due date. Be mindful of this timeline to avoid losing the opportunity to amend your return.
By being aware of these common mistakes, individuals can better navigate the process of amending their Minnesota income tax returns and ensure timely and accurate submissions.
The Minnesota M1X form is similar to the federal Form 1040X, which is used to amend a federal income tax return. Both forms allow taxpayers to correct errors or make changes to previously filed tax returns. The process for filing an amended return is similar, requiring the taxpayer to indicate the reasons for the amendment and to provide updated figures. Each form includes sections for reporting original amounts, changes, and corrected amounts, ensuring that taxpayers can clearly outline the adjustments made to their tax liabilities.
The Ohio Articles of Incorporation form is a legal document essential for establishing a corporation in the Buckeye State, detailing aspects such as the corporation's name, purpose, and structure. Understanding the significance of this form is crucial for entrepreneurs looking to create a business entity in Ohio, and additional resources like Ohio PDF Forms can provide helpful guidance in the completion process.
Another comparable document is the California Form 540X. This form serves a similar purpose as the M1X, allowing California residents to amend their state income tax returns. Like the Minnesota M1X, the California 540X requires taxpayers to explain the reasons for amending their returns. Both forms also include sections for reporting prior amounts, changes, and the corrected amounts, facilitating a straightforward comparison of the original and amended figures.
The New York State IT-201-X form also shares similarities with the Minnesota M1X. This form is designed for New York taxpayers who need to amend their state income tax returns. Both forms require a clear explanation of the changes being made and provide a structured format for reporting original and revised amounts. Taxpayers must also include any necessary supporting documentation, such as copies of federal adjustments or other relevant forms, to substantiate their amendments.
Lastly, the IRS Form 843 is another document that bears resemblance to the Minnesota M1X. While Form 843 is primarily used to claim a refund or request an abatement of certain taxes, it can also be employed to amend prior tax filings. Both forms require taxpayers to provide detailed explanations of the reasons for the amendments and to submit any supporting documentation that may be necessary for the processing of the request. This ensures that the tax authorities have a clear understanding of the changes being made and can appropriately assess the amended claims.
Amended Minnesota Income Tax 2010
M1X
Print or type
Reason for amending
Taxable income
Determining tax
Stock No . 1010090
Your first name and initial
Last name
Social Security number
Date of birth (mm/dd/yyyy)
If a joint return, spouse’s first name and initial
Spouse’s date of birth
Current home address (street, apartment, route)
For department use only.
Do not write in this space.
Effective interest date:
City
State
Zip code
Filing status claimed . Note: You cannot change from joint to separate returns after the due date has passed.
On original return:
Single
Married filing jointly
Married filing
separately
Head of household
Qualifying widow(er)
On this return:
Place an X in the appropriate box to indicate the reason(s) why you are filing this amended return:
Federal audit or adjustment . Enclose
a complete copy of the IRS adjustment notice and see line 32 instructions .
Net operating loss carried back from tax year ending
.
Claim due to a pending court case (explain on back page) .
Other (explain on back page) .
If you show a refund on line 29 or tax due on line 31, you must report an increase or decrease in column B for at least one of the income, tax or credit lines (lines 1–24).
You will need the instructions for this form and the 2010 Form M1
A. Original amount or
B. Amount of change
C. Correct
instruction booklet.
as previously adjusted
increase or (decrease)
amount
1
Federal taxable income (see instructions)
.1.
. .
2
Additions to income (total of lines 2 and 3 of Form M1) . . . .
2.
3
Add lines 1 and 2
.3
. . . . . . . . .
4
Total subtractions (from line 9 of Form M1)
. 4.
5
Minnesota taxable income . Subtract line 4 from line 3 . . . .
5.
6Tax from the table on pages 22-27 of the M1 booklet . . . . . . 6. . .
7
Alternative minimum tax (Schedule M1MT)
7.
. . . . . .
8
Add lines 6 and 7
.8
9Part-year residents and nonresidents: (Schedule M1NR) a Corrected amount from
line 23 of Schedule M1NR
9a. .
b Corrected amount from
line 24 of Schedule M1NR
9b. .
10Full-year residents: Amount from line 8 .
Part-year residents and nonresidents: Amount
from line 27 of Schedule M1NR . . . . . . . . . . . . . . . . . . . . . . . . . 10
11
Tax on lump-sum distribution (Schedule M1LS)
. .11.
. . .
12
Tax before credits . Add lines 10 and 11
. 12.
. . . . .
13Marriage credit for joint return when both spouses have earned
income or retirement income (see M1 instructions, page 14) . . . 13
14Credit for taxes paid to another state (Schedule M1CR) . . . . . . .14
15Other nonrefundable credits (Schedule M1C) . . . . . . . . . . . .15. .
16
Total credits against tax . Add lines 13 through 15
. 16. .
17
Subtract line 16 from line 12 (if result is zero or less, enter 0)
. 17.
Credits and tax paid
Refund or tax due
Sign here
18
Amount from line 17
. 18. .
. . . . . . .
19
Minnesota income tax withheld (Schedule M1W)
.19.
20
Minnesota estimated tax payments made for 2010
. 20.
21
Child and dependent care credit (Schedule M1CD)
22
Minnesota working family credit (Schedule M1WFC)
23
K-12 education credit (Schedule M1ED)
24
Business and investment credits (SCHEDULE M1B)
. 24. .
25
Amount from line 34 of your original Form M1 (see instructions)
. . . .
. . . . . . . . . . . . . . .
26
Total credits and tax paid . Add lines 19C through 24C and line 25
26. .
27
Amount from line 32 of your original Form M1 (see instructions)
. . . . . . . . . . . .
.27.
28
Subtract line 27 from line 26 (if result is less than zero, enter the negative amount; do not enter 0)
.28
29
REFUND . If line 28 is more than line 18C, subtract line 18C from line 28 and stop here
.29.
30To have your refund direct deposited, enter the following . Otherwise, you will receive a check .
Account type
Routing number
Account number (use an account not associated with any foreign bank)
Checking
Savings
31 Tax you owe . If line
18C is more than line 28, subtract line 28 from line 18C
(if line 28 is a negative amount, see instructions)
. . . . . . . . . . . . . . . . . . . . . . . . 31.
32If you failed to timely report federal changes or the
IRS assessed a penalty, see instructions
. . . . . . . . . . . . . .
. . . 32.
33
Add line 31 and line 32
. . . . . . . . . . . . . . . . . . . .
. 33. .
34
Interest (see instructions)
. . . . . . . . . . .
. 34.
Make check out to Minnesota
35
AMOUNT DUE . Add line 33 and line 34
Revenue and enclose Form M63
I declare that this return is correct and complete to the best of my knowledge and belief.
Your signature
Spouse’s signature (if filing jointly)
Date
Daytime phone
Paid preparer’s signature
PTIN or VITA/TCE #
I authorize the MN Department of
Revenue to discuss this return with
the paid preparer and/or third party .
EXPLANATION OF CHANGE—Briefly explain each change below. If you checked the box for “Claim due to a pending court case” or “Other” on the front of this form as your reason for amending, you must also give a brief explanation of the changes that you are mak- ing to your original Minnesota income tax return . If you need more space, enclose another sheet .
You must enclose any corrected schedules and, if you filed an amended federal return, a complete copy of Form 1040X Mail to: Minnesota Amended Individual Income Tax, Mail Station 1060, St . Paul, MN 55145-1060
Form M1X Instructions 2010
The 2010 Form M1X can only be used to amend your 2010 Form M1 .
To complete Form M1X, you will need the 2010 Minnesota income tax instruction booklet.
Who should file Form M1X?
This form should be filed by individuals to
correct—or amend—an original 2010
Minnesota individual income tax return. You
may not change your filing status from mar-
ried filing jointly to married filing separately
after the original due date of the return has
passed, which is April 18, 2011, for most
individuals.
Federal changes. If the Internal Revenue
Service (IRS) changes or audits your federal
income tax return or you amend your federal
return and it affects your Minnesota return,
you have 180 days to file an amended Min-
nesota return. If you are filing Form M1X
based on an IRS adjustment, be sure to check
the box in the heading and enclose a complete
copy of your federal Form 1040X or the cor-
rection notice you received from the IRS.
If the changes do not affect your Minnesota
return, you have 180 days to send a letter of
explanation to the department. Send your let-
ter and a complete copy of your federal Form
1040X or the correction notice you received
from the IRS to: Minnesota Revenue, Mail
Station 7703, St. Paul, MN 55146-7703.
If you fail to report the federal changes as
required, a 10 percent penalty will be assessed
on any additional tax, and the department
will have six more years to audit your return.
Net operating losses. Use Form M1X for
net operating losses, which can be carried
forward and back in the same manner as for
federal purposes. If you are carrying back a
net operating loss, Minnesota generally allows
only a carryback to the two taxable years pre-
ceding the loss. However, if you are carrying
a farm related loss back five years on federal
Form 1045 or 1040X, you will carry it back to
the same year on Minnesota Form M1X.
Filing for another taxpayer
If you are filing Form M1X for another
taxpayer, enclose Form REV184, Power of
Attorney, or a copy of the court appointment
authorizing you to represent the taxpayer.
If you are claiming a refund on behalf of a
deceased person, enclose a copy of the court
appointment that authorizes you to represent
the deceased person. Also enclose Form M23,
15009010
Claim for a Refund Due a Deceased Taxpayer.
Deadline for filing
To claim a refund, you must file Form M1X
No
within 3½ years of the original due date for
Stock
the year you are amending. Other deadlines may apply if:
• yourfederalreturnhasbeenchangedsince you originally filed, or
• youhavebeenassessedadditionalincome tax by the department within the last year.
If any of the above situations applies to the year being amended and you need clarifica- tion, contact the department.
If you owe additional tax, you must file Form M1X within 3½ years of the due date of your return or the date you filed the return, which- ever is later. If the tax and interest is not fully paid when you file Form M1X, a late payment penalty and additional interest will be assessed on your first bill.
Married filing separate returns
Do not include the name and Social Security number of your spouse if you are married and filing separate returns.
Column A, lines 1–24
In most cases, enter the amounts from the appropriate lines of your original 2010 return. However, if your original Form M1 was changed during processing or if you have filed an amended return prior to this one, enter the corrected amounts. If you received a notice of change or an audit report from the department which changed amounts on your original return, use the amounts as shown in that notice or audit report.
Column B, lines 1–24
Enter the dollar amount of each change as an increase or decrease for each line you are changing. Show all decreases in parentheses. See the instructions for lines 6 and 10 to determine the amounts to enter in column B for those lines.
If the changes you are making affect the amounts reported on a schedule, you must complete and enclose a corrected schedule.
If you do not enter an amount when there is a change, the processing of your amended return will be delayed. Briefly explain each change in the space on the back of Form M1X and enclose any related schedules or forms.
If you are not making a change for a given line, leave column B blank.
Column C, lines 1–24
Add the increase in column B to column A, or subtract the column B decrease from column A. For any item you do not change, enter the column A amount in column C.
Line instructions
Refer to the 2010 Form M1 instructions for de- tails on the types of income included in the total income, any allowable adjustments and how to compute and claim various credits, etc.
Line 1—Federal taxable income
Enter the amount from line 1 of your original 2010 Form M1. If your original federal taxable income was previously adjusted by the IRS or the Minnesota Department of Revenue, enter the corrected amount.
Changes to your federal taxable income may also affect child and dependent care, working family and education credits. Your property tax refund return (if filed) may also be af- fected. If it is, complete and file Form M1PRX, Amended Minnesota Property Tax Refund Return.
Line 4—Total subtractions
If you are changing your total subtractions, you must enclose a list of the corrected sub- tractions you reported on lines 5–8 of Form M1 and/or a corrected Schedule M1M.
Changes to your total subtractions may also affect the alternative minimum tax you may be required to pay.
Line 5—Minnesota taxable income
If your taxable income on line 5C has changed, it will affect your tax from the table. Continue with line 6.
Line 6—Tax from the table
If the taxable income on line 5C has changed, you must look up the corrected tax using the tables in the 2010 instruction booklet. Enter the correct tax amount on line 6C and the dif- ference between lines 6A and 6C on line 6B.
Lines 9a–9b—Part-year residents and nonresidents
Changes to your Schedule M1NR will also affect many credits you may claim, such as the child and dependent care, working family and education credits.
Line 10
Enter the difference (increase or decrease) between lines 10A and 10C on line 10B.
Line 13—Marriage credit
If you are changing your marriage credit, complete the worksheet on page 14 of the Form M1 instruction booklet.
Lines 14 and 15—Credits against tax
If you are changing any credits against tax on lines 14 or 15, you must enclose a corrected copy of the appropriate schedule.
Lines 19–24—Payments and credits
If you are changing any payments or credits on lines 19 through 24, you must enclose a corrected copy of the appropriate schedule.
Line 25
Enter the total of the following tax amounts, whether or not paid:
• amountfromline34ofyouroriginalM1,
• amountfromline31ofapreviouslyfiled Form M1X, and
• additionaltaxdueastheresultofanaudit or notice of change.
Reduce the total by any amounts that were paid for penalty, interest, underpayment of estimated tax or any contributions you made to the Nongame Wildlife Fund.
Line 27
Enter the total of the following refund amounts:
• amount from line 32 of your original Form M1, even if you have not yet received it,
• amountfromline29ofanypreviously filed amended return, and
• refundorreductionintaxfromanaudit adjustment or appeal.
Include any amount that was credited to estimated tax, applied to pay past due taxes, used to pay an outstanding debt to a state or county agency, or donated to the Nongame Wildlife Fund.
Do not include any interest that may have been included in the refunds you received.
Lines 29 and 31
Lines 29 and 31 should reflect the changes to your tax and/or credits as reported on lines
1-24 of Form M1X. If you have unpaid taxes on your original Form M1, Form M1X is not intended to show your corrected balance due.
Line 29
This refund cannot be applied to your esti- mated tax account. Skip lines 31 through 35.
If you owe federal or Minnesota taxes, criminal fines or a debt to a state or county agency, district court, qualifying hospital or public library, the department is required to apply your refund to the amount you owe (including penalty and interest on the taxes). Also, if you participate in the Senior Citizens Property Tax Deferral Program, your refund will be applied to your deferred property tax total. Your Social Security number will be used to identify you as the correct debtor.
If your debt is less than your refund, you will receive the difference.
Line 30—Direct deposit of refund
If you want the refund on line 29 to be directly deposited into your checking or sav- ings account, enter the requested informa- tion on line 30.
The routing number must have nine digits.
The account number may contain up to
17 digits (both numbers and letters). If your account number is less than 17 digits, enter the number starting with the first box on the left—leave out any hyphens, spaces and symbols—and leave any unused boxes blank.
If the routing or account number is incorrect or is not accepted by your financial institu- tion, your refund will be sent to you in the form of a paper check.
By completing line 30, you are authorizing the department and your financial institu- tion to initiate electronic credit entries, and if necessary, debit entries and adjustments for any credits made in error.
Line 31
If line 28 is a negative amount, treat it as a positive amount and add it to line 18C. Enter the result on line 31. This is the amount you owe, which is due when you file your amended return. You cannot use any funds in your estimated tax account to pay this amount. Continue with line 32.
Line 32
If only one of the penalties below applies, you must multiply line 31 by 10 percent (.10). If both penalties apply, multiply line 31 by 20 percent (.20). Enter the result on line 32.
• TheIRSassessedapenalty for negligence or disregard of rules or regulations, and/
or
• Youfailed to report federal changes to the department within 180 days as re- quired (see page 1 of these instructions).
Line 34—Interest
You must pay interest on any unpaid tax plus penalty from the regular due date until paid in full. Interest rates may change each calen- dar year. For 2011, the rate is 3 percent.
To determine the interest you owe, use the for- mula below with the appropriate interest rate:
Interest = line 33 x number of days past the due date x interest rate ÷ 365
To find prior-year interest rates, see our web- site at www.taxes.state.mn.us.
Line 35—Amount due
Pay the amount due electronically or by check. Go to www.taxes.state.mn.us or call
1-800-570-3329 to pay electronically. If you are paying by check, you must complete Form M63 and mail it with Form M1X along with a check made payable to Minnesota Revenue.
Sign your return
If you are married and filing jointly, your spouse must also sign. If you paid someone to prepare your return, that person must also sign and include their preparer identification number.
You may check the box in the signature area to give us your permission to discuss your return with the paid preparer and/or third party.
Checking the box does not give your preparer the authority to sign any tax documents on your behalf or to represent you at any audit or appeals conference. For these types of authorities, you must file a power of attorney or Form REV184 with the department.
Questions or need forms?
Visit our website at www.taxes.state.mn.us to find forms, electronic payment options, etc, or request forms by calling 651-296-4444 or 1-800-657-3676.
If you have questions, call 651-296-3781 or
1-800-652-9094 during business hours. TTY users may call Minnesota Relay at 711. In- formation is available in other formats upon request for persons with disabilities.
Where to file your Form M1X
Send your completed Form M1X and re- quired enclosures to the address provided at the bottom of the second page of Form M1X.
Use of and required information
Information not required. Although not required on Form M1X, we ask for your daytime phone number, in case we have a question about your return, and the phone number and identification number of the person you paid to prepare your return.
All other information is required. You must provide by Minnesota law (M.S. 289A.08, subd. 11) your Social Security number, date of birth and all other information in order to properly identify you and determine your correct tax liability. If you don’t provide it, the department will return your form to you. This will delay your refund or if you owe tax, your payment will not be processed and you may have to pay a penalty for late payment.
Use of information. All information pro- vided on Form M1X is private under state law. It cannot be given to others without your consent except to agencies authorized by law to receive the information. For a list of au- thorized agencies and for the possible uses of your Social Security number, see page 8 of the M1 instruction booklet.
Here are some key takeaways for filling out and using the Minnesota M1X form: