Screen MNAdj - Minnesota Adjustments (1120)

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Additions

Taxes deducted on federal
The application transfers amounts from the
Taxes and licenses
statement in the federal Inc Screen, as well as from taxes entered in the federal Farm, Rent, and 4835 Screens. The application assumes these amounts are not taxable to Minnesota. Enter adjustments to taxes in the
State Amount
column of the statement.

Subtractions

State tax refunds
The application transfers amounts from the
State tax refunds
statement in the federal Inc and H Screens. The application assumes these amounts are not deductible in Minnesota. Enter adjustments to state tax refunds in the State Amount column of the statement.

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