Federal Conformity Adjustments Complete

 

Earlier this year, Minnesota lawmakers passed legislation to match the federal code in several areas for tax years 2015 and 2016. The Department of Revenue completed the necessary adjustments to returns affected by this legislation.

What is the status of 2015 tax return adjustments?

We sent a message on July 17 to let you know we started reviewing 2015 Minnesota income tax returns and making necessary adjustments to returns affected by this legislation.

As of today, we finished our 2015 federal conformity adjustments.

What if my client believes their 2015 return was affected by federal conformity but has not heard from the Minnesota Department of Revenue?

Review your client’s Minnesota individual income tax return with them. If there is an amount entered on line 14 or 38 of Schedule M1M, Income Additions and Subtractions, your client’s return may have been affected. 

If you believe your client was affected by federal conformity and they have not received a refund or letter from us, they can contact us by email at individual.incometax@state.mn.us or by phone at 651-296-3781 or 1-800-652-9094 (toll-free).

Are adjustments needed for 2016 tax returns?

All necessary changes for federal conformity were made to 2016 income tax forms and instructions before the filing season opened. No adjustments to these returns are needed.

Questions?

If you have any additional questions, contact us by email at individual.incometax@state.mn.us or by phone at 651-296-3781 or 1-800-652-9094 (toll-free).