Minnesota Chapter

Minnesota Chapter 30 Year Logo

Chapter President

Debbie Maki Gellatly, EA
272 E Harney Rd
Esko, MN 55733-9401
Phone: 218.879.2910​

Chapter Announcements

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Picture Placeholder: Megan Sonicksen
  • Megan Sonicksen
19/30/2013 8:12 AM

​Please use this discussion board for discussions specifically relating to the Chapter, state or local tax discussions.

For general discussion items relating to business management, federal tax or education, please use the discussion board located under Member Center>Community.

Elizabeth Krogh4/24/2019 3:45 PMNo
Picture Placeholder: Kelly A Nokleby, EA
  • Kelly A Nokleby, EA
18/26/2014 4:11 PM

Remember to register for the Annual Meeting and Fall Conference in Alexandria in September.  This is MN NATP's 25th year and a celebration will be taking place.  On Sunday night there will be a banquet with entertainment from Home Free.  On Monday night there will be a bonfire by the lake.  During the day GREAT education opportunities with some of the BEST speakers in our industry!  This is something you do not want to miss!!!!​

Kate von Rohr, AFSP5/7/2015 10:24 AMNo
Picture Placeholder: James M Kronenberg, MBA,CPA,EA
  • James M Kronenberg, MBA,CPA,EA
04/2/2015 1:47 AM

​2014 Schedule M1M line 8 states "Federally tax-exempt dividends from mutual funds investing in bonds of another state or its governmental units included on line 8b of federal Form 1040"

However, I have found the following tax guidance in the 2014 "The TaxBook" stating there is a special consideration as follows: 

Federally tax-exempt dividends from mutual funds investing in bonds of another state. For tax-exempt interest from a mutual fund, if 95% or more of the interest came from bonds issued by Minnesota, add back only the portion generated by non-Minnesota bonds. If less than 95% of the tax exempt interest came from bonds issued by Minnesota, all of the tax-exempt interest must be added back.

Unable to confirm this still actually applies to 2014 MN form M1 with respect to 2014 MN Schedule M1M since it may be a prior tax year "provision" that was  removed by MN tax legislation but never updated by the folks at "Tax Materials Inc." - ironically located in Minnetonka, MN !!

4/2/2015 1:47 AMNo
Picture Placeholder: Mary J Petersdorf, CB
  • Mary J Petersdorf, CB
18/29/2014 5:58 PM

​How o  gister

Jane Amble, EA9/2/2014 2:47 PMNo
Picture Placeholder: Linda Rosenbush, EA
  • Linda Rosenbush, EA
02/27/2014 3:58 PM

According to M1PR instructions, you only have to reduce percent of property taxes for business use of home if you use depreciation for the business portion of your home.  Would you agree that this would mean we do not have to reduce % of non business use of property taxes for the property tax refund?​

2/27/2014 3:58 PMNo
Picture: Megan Sonicksen, PFS
  • Megan Sonicksen, PFS
012/6/2013 10:31 AM

​With tax season fast approaching, remember your Chapter discussion board can be a great resource for state and local tax issues as well as utilizing the state tax volunteers.


Megan Sonicksen, NATP Tax Communications​
12/6/2013 10:31 AMNo
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