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New Member
posted Mar 13, 2024 7:43:39 PM

Minnesota - Social Security Benefit Subtraction not calculating correctly

In the Minnesota State TurboTax, the software automatically calculates the "Social Security Benefit Subtraction" that shows on line 12 of the 2023 Schedule M1M, Income Additions and Subtractions.  There is clearly a glitch.  It is showing over 4X what it did last year on comparable inputs.  I just got a letter from MN Dept of Revenue correcting my return and it is due to this.

 

I started a fresh return just to see if it has been fixed from when I did this over a month ago and it is still calculating incorrectly.

 

This is a problem that needs to be fixed.

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Moderator
Mar 14, 2024 6:39:34 AM

You are on the TurboTax Canada site where we deal with Canadian tax issues. Please go to the US site to post your question.

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