M1Pr Form PDF Details

Amid the annual rituals of filing taxes, residents in Minnesota have a unique opportunity with the Form M1PR, also known as the Homestead Credit Refund for Homeowners and Renter's Property Tax Refund. This form is designed to provide financial relief to those who own their homes or are renting, including individuals living in nursing homes, adult foster care, or owners of mobile homes. By meticulously capturing vital personal information like names, social security numbers, dates of birth, and addresses, the form helps ensure taxpayers are accurately identified and processed. Importantly, it also invites participants to financially support political parties through the State Elections Campaign Fund without impacting the amount of their tax or refund. The form delves into granular financial details, such as federal adjusted gross income, nontaxable Social Security benefits, contributions to retirement plans, and several types of non-taxable income. For homeowners, it even addresses property-specific details, like the property ID number and county, crucial for calculating the proper tax credits. The document also elaborates on special refunds available, highlighting the process for homeowners who've seen significant changes due to new improvements or exclusions, with explicit instructions for calculating these adjustments. Furthermore, the inclusion of sections for direct deposit information underscores the state's effort to streamline refunds, making the process as efficient as possible for residents. Through Form M1PR, Minnesota offers a structured but comprehensive approach to easing the property tax burden on its residents, reflecting an effort to make living in the state more affordable.

QuestionAnswer
Form NameM1Pr Form
Form Length2 pages
Fillable?No
Fillable fields0
Avg. time to fill out30 sec
Other names

Form Preview Example

*205211*

2020 Form M1PR, Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Your First Name and Initial

 

Last Name

 

 

Your Social Security Number

Your Date of Birth (MM/DD/YYYY)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If a Joint Return, Spouse’s First Name and Initial

 

 

Spouse’s Last Name

 

 

 

Spouse’s Social Security Number

 

Spouse’s Date of Birth

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check if Address is:

 

 

Current Home Address

 

 

City

 

 

 

State

 

ZIP Code

 

 

New

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Check all that apply:

 

Renter

 

 

 

Homeowner

 

Nursing Home or Adult Foster Care Resident

 

Mobile Home Owner

 

 

 

 

 

 

State Elections Campaign Fund: To grant $5 to this fund, enter the code for the party of your choice. It will help candidates for state offices pay campaign expenses. This will not increase your tax or reduce your refund.

Political Party Code Numbers:

 

 

 

 

 

Republican

11. . .

Independence. .. . . . . . . . . 13. . . .

GREEN

15. . .

Legal. . . Marijuana Now

.17

Your Code

Spouse’s Code

. . .Democratic/Farmer-Labor

12

Grassroots/Legalize Cannabis 14

. . . . . . . . . . .Libertarian

. .16.

. . . .General. . Campaign Fund

.99

1Federal adjusted gross income (from Line 1 of Form M1, see instructions if you did not file Form M1) . . . . . . 1. . .

2 Nontaxable Social Security and/or Railroad Retirement Board benefits received

and not included in line 1 above (determine from instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Deduction for contributions to a qualified retirement plan

 

 

 

 

 

 

 

 

 

 

 

(add lines 15 and 19 of federal Schedule 1; see instructions) Also see line 9 of this Form M1PR .

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4Total payments from programs including MFIP (MN Family Investment Program), MSA (MN Supplemental Aid)

SSI (Supplemental Security Income), GA (General Assistance), and Minnesota Housing Support (formerly GRH) 4

5 Additional nontaxable income from line 20 of Schedule M1PR-AI, Additions to Income . . . . . . . . . . . . . . . . . .5. . . . . .

6 Add lines 1 through 5 (if you are a renter and this line is less than the rent you paid, enclose an explanation) . .6

7Subtraction for 65 or older (born before January 2, 1956) or disabled:

If you (or your spouse if filing a joint return) are age 65 or older or are disabled, enter $4,300: . . . . . . . . . .7 .. .

Check the box if you or your spouse are:

 

(A) 65 or Older

 

(B)Disabled

8 Dependent Subtraction:

Enter your subtraction for dependents (use worksheet in instructions) . . . . . . . . . 8.

 

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Number of dependents:

 

Names and Social Security numbers:

 

 

9Retirement Account Subtraction: If you (or your spouse) contributed to a 401(k), IRA, 457(b), or

other retirement plan, or had an amount on line 3, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . .9 .. . . . . . . . .

10 Amounts you paid for alimony not deducted on line 18a of federal Schedule 1 (see instructions) . . . . . . . . . . . . 10

11Subtraction from line 32 of Schedule M1NC, Federal Adjustments (see instructions for Schedule M1NC) . . . . 11. .

12 Add lines 7 through 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12. .

13 Subtract line 12 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13. .

14 Co-occupant Income (from line 13 of Worksheet 5 - Co-occupant Income. If negative, enter as a negative) . . . 14.

15 Add line 14 to line 13

15

Renters - Complete lines 16-18. Homeowners - Continue to next section.

16 Enter total rent from CRP(s) (you must enclose your CRPs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16. . . . . . . . . . . . . .

17 Multiply line 16 by 17% (.17) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17. . . . . . . . . . . . . . . . . . . . .

18Renter’s Refund. Using the amount from line 13 and line 17, find the amount to enter here from the renters

refund table in the instructions. Continue with lines 23-25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18. . . . . . . . . . . .

9995

2020 Form M1PR, page 2

 

*205221*

 

 

 

Homeowners

 

 

 

Property ID Number

 

County where property is located

 

 

1 9 Property tax from line 1 of Statement of Property Taxes Payable in 2021 . . . . . . . . . . . . . . . . . . . . . 19. . . . . . . .

(Mobile homeowners: See worksheet 1 in the instructions)

20If claiming the special refund, enter amount from line 38 of Schedule 1 below (see instructions) . . . . . . . .20. .

21Subtract line 20 from line 19 (if result is zero or less, leave blank) . . . . . . . . . . . . . . . . . . . . . . . . . 21. . . . . . . . . . .

22Homestead Credit Refund: Using the amounts from line 15 and line 21,

find the amount to enter here from the homeowners refund table in the instructions . . . . . . . . . . . . . .22. . . . .

Homeowners and Renters

23 Add lines 18, 20, and 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. . . .

24 Nongame Wildlife Fund contribution. Your refund will be reduced by this amount

24

 

 

25Your Refund. Subtract line 24 from line 23. Continue to line 39 . . . . . . . . . . . . . . . . . . . . . . . . . . .25. .. . . . . . . . . .

Schedule 1 - Special Refund

To qualify, you must have owned and lived in this homestead both on January 2, 2020, and on January 2, 2021. If you qualify, see the instructions.

26Line 1 of Statement of Property Taxes Payable in 2021. If the Statement does not list an amount for new

 

improvements or expired exclusions, skip lines 27 and 28 and enter this amount on line 29

 

 

 

 

26

 

 

 

 

 

 

 

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27

If the Statement lists an amount for new improvements or expired exclusions, complete and enclose

 

 

 

 

 

 

 

 

 

%

 

 

Worksheet 3 from the instructions and enter the percentage from Step 3 here

 

 

 

 

 

27

 

 

 

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28

Multiply line 26 by the percentage on line 27

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28

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

29If you did not have new improvements or expired exclusions, enter the amount from line 26.

If you had new improvements or expired exclusions, subtract line 28 from line 26. . . . . . . . . . . . . . . . 29. . . . . .

30From your Statement of Property Taxes Payable in 2021, enter the amount from line 2 (2020 column).

 

If there is no amount on line 2, see instructions

. . . . . . . . .30

 

Disabled Veterans Homestead Exclusion (see instructions)

 

31

Special refund (not your regular refund) from line 20 of your 2019 Form M1PR

 

 

. . . . . . . . 31. . .

32

Subtract line 31 from line 30 (if result is a negative number or more than line 29, STOP HERE;

 

 

you are not eligible for the special refund)

. . . . . . . . . . 32. . . .

33Subtract line 32 from line 29 (if result is less than $100, STOP HERE;

you are not eligible for the special refund) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .33. . .

34

Amount from Line 32 ___________ X 12% (.12)

34

35

Amount from line 34 or $100, whichever is greater

35

36

Subtract line 35 from line 33 (if result is zero or less, STOP HERE; you are not eligible for this special refund)

36

37

Multiply line 36 by 60% (.60)

.37

38Special Refund. Amount from line 37 or $1,000, whichever is less.

Enter the amount here and on line 20 of this Form M1PR. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38. . . . . . . . . . . . .

39Direct deposit of your refund (you must use an account not associated with a foreign bank):

Checking

 

Savings

 

 

 

 

 

 

Routing Number

 

Account Number

Taxpayer: 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 (MM/DD/YYYY)

Daytime Phone

 

 

 

 

 

 

PTIN or VITA/TCE # (required)

 

 

 

 

Paid Preparer’s Signature

 

Date (MM/DD/YYYY)

 

 

Preparer’s Daytime Phone

 

 

I authorize the Minnesota Department of

 

 

 

 

 

 

 

 

 

 

Revenue to discuss this return with my paid preparer.

 

 

 

 

Mail to: Minnesota Property Tax Refund St. Paul, MN 55145-0020

Renters — Include your 2020 CRP(s).

 

 

9995

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It is actually an easy task to finish the document with this helpful tutorial! Here's what you have to do:

1. When completing the M1Pr Form, be sure to complete all of the essential blank fields within its relevant part. It will help expedite the process, making it possible for your details to be handled quickly and accurately.

M1Pr Form writing process described (step 1)

2. Right after filling in this step, head on to the subsequent part and complete the necessary particulars in these blank fields - Add lines through if you are a, If you or your spouse if filing a, A or Older, BDisabled, Dependent Subtraction Enter your, Number of dependents, Names and Social Security numbers, Retirement Account Subtraction, Other subtractions see, Subtraction type, Adjustments from Schedule MNC, Add lines through, Subtract line from line, Cooccupant Income from line of, and Add line to line.

M1Pr Form conclusion process detailed (stage 2)

3. Within this step, have a look at Form MPR page, Homeowners Property ID Number, County where property is located, Property tax from line of, Mobile homeowners See worksheet, If claiming the special refund, Subtract line from line if, find the amount to enter here from, Homeowners and Renters Add lines, Nongame Wildlife Fund, Your Refund Subtract line from, Schedule Special Refund To, improvements or expired exclusions, If the Statement lists an amount, and Worksheet from the instructions. Each of these need to be taken care of with greatest accuracy.

Stage number 3 of filling in M1Pr Form

It is possible to make an error while filling in your County where property is located, for that reason make sure to reread it before you'll submit it.

4. To go forward, this section involves completing a couple of empty form fields. Examples include Multiply line by the percentage, If you did not have new, From your Statement of Property, If there is no amount on line see, Disabled Veterans Homestead, Special refund not your regular, you are not eligible for the, Subtract line from line if, you are not eligible for the, Amount from Line X, Amount from line or whichever, Subtract line from line if, Multiply line by, and Enter the amount here and on line, which you'll find vital to continuing with this document.

M1Pr Form conclusion process clarified (part 4)

5. Because you approach the conclusion of the document, you'll find a few extra requirements that have to be satisfied. In particular, Direct deposit of your refund, Checking, Savings, Routing Number, Account Number, Taxpayer I declare that this, Your Signature, Spouses Signature If Filing Jointly, Date MMDDYYYY, Daytime Phone, Paid Preparers Signature, Date MMDDYYYY, PTIN or VITATCE required, Preparers Daytime Phone, and I authorize the Minnesota must all be filled out.

Completing section 5 in M1Pr Form

Step 3: Right after taking another look at the entries, press "Done" and you are good to go! Join us now and instantly obtain M1Pr Form, available for download. Every change made is conveniently saved , making it possible to customize the form at a later time if needed. We do not share the information that you type in when completing documents at our website.