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Kathryn S
Level 2
03-13-2023
02:13 PM
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Is this correct, that the Minnesota Form M2 now taxes non-resident capital losses?
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3 Comments 3
Kathryn S
Level 2
03-13-2023
02:51 PM
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Thank you for responding. The new Form M2NM is pulling in the full Capital Loss on line 4 and it flows through to Form M2 as taxable income to Minnesota. I couldn't find anything to support this since interest and dividend income is not appearing on this schedule, even though there is a line for it also.
