NW-MN-CPA
Level 2
03-25-2021
10:14 AM
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ProSeries needs to update MN Form M1NC Line 7 (the addback for unemployment compensation). Can this be programed so preparers do not need to make a manual entry?
https://www.revenue.state.mn.us/sites/default/files/2021-03/m1nc_20_0.pdf
Line 9 on that form is where we addback PPP loan forgiveness.
The MN Revenue representative told me they are recommending preparers not wait to see if Minnesota decides whether they will conform with federal treatment for these items.
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