2015 Schedule M1MT, Alternative Minimum Tax
E(31(*G(!ODC
Your First Name and Initial
Last Name
Social Security Number
Round amounts to the
nearest whole dollar.
Before you complete this schedule, read the instructions on the back.
1 Federal adjusted gross income (from line 37 of federal Form 1040) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Medical and dental adjustment from line 2 of federal Form 6251. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Other adjustments and preferences (combine lines 8 through 27 of federal form 6251). . . . . . . . . . . . . 3
Additions
4 Other additions from Schedule M1M (add lines 5, 6, 8, 11 and 13 of Schedule M1M) . . . . . . . . . . . . 4
5 State and municipal bond interest from outside Minnesota
(determine from worksheet in instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Intangible drilling costs (determine from instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Depletion (determine from instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Add lines 1 through 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Medical and dental deduction (from line 4 of federal Schedule A) . . . . . . . 9
10 Investment interest expense (from line 14 federal Schedule A) . . . . . . . 10
11 Charitable contributions (from line 19 of federal Schedule A) . . . . . . . . . 11
12 Casualty and theft losses (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . 12
Determining Minnesota
Alternative Minimum Tax
Minnesota
Subtractions
Allowable
Deductions
13 Impairment-related work expenses of a disabled person
(included on line 28 of federal Schedule A) . . . . . . . . . . . . . . . . . . . . . . . . 13
14 State income tax refund (from line 10 of federal Form 1040) . . . . . . . . .
15 Federal bonus depreciation subtraction
(from line 19 of Schedule M1M) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16 Net interest or mutual fund dividends from U.S. bonds
(from line 16 of Schedule M1M) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17 JOBZ zone business and investment income exemptions
(from line 30 of Schedule M1M) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18 Other subtractions from Schedule M1M
(add lines 18, 20, 22 – 28, 31, 33, 34, and 36 of Schedule M1M) . . . . .
14
15
16
17
18
19 Add lines 9 through 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20 Subtract line 19 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
21! "#!$%&&'()!%*)!+,'*-!%!./'*0!&(01&*2!/&!31%,'#4'*-!5')/56(&78!
! ! "#!$%&&'()!%*)!+,'*-!%!>(?%&%0(!&(01&*8!
! ! "#!>'*-,(!/&!A(%)!/#!A/1>(A/,)8!
(*0(&!
(*0(&!
(*0(&!
9:;2;<=
9;<2<@=
9BB2=C=! . . . . . . . . . . . . . . . . . 21
22! "#!$%&&'()!%*)!+,'*-!%!./'*0!&(01&*2!/&!31%,'#4'*-!5')/56(&78!
! ! "#!$%&&'()!%*)!+,'*-!%!>(?%&%0(!&(01&*8!
! ! "#!>'*-,(!/&!A(%)!/#!A/1>(A/,)8!
(*0(&! 9DB=2===
(*0(&! 9!!:B2===
(*0(&! 9DDC2B== . . . . . . . . . . . . . . . . . 22
23! E1F0&%G0!,'*(!CC!#&/$!,'*(!C=!(if result is zero or less, enter 0) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
24! H1,0'?,4!,'*(!C;!F4!CBI!6JCB7! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
25
Subtract line 24 from line 21 (if result is zero or less, enter 0) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
26! E1F0&%G0!,'*(!CB!#&/$!,'*(!C=! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26
27! H1,0'?,4!,'*(!C<!F4!<J:BI!6J=<:B7! . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
28
Tax from the table (from line 9 of Form M1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
29! "#!,'*(!C:!'>!$/&(!0A%*!,'*(!C@2!4/1!$1>0!?%4!H'**(>/0%!%,0(&*%0'K(!$'*'$1$!0%LJ!!
! ! E1F0&%G0!,'*(!C@!#&/$!,'*(!C:J!!M*0(&!0A(!&(>1,0!A(&(!%*)!/*!,'*(!D=!/#!N/&$!HDJ!!
(If line 28 is more than line 27, see instructions on how to continue) . . . . . . . . . . . . . . . . . . . . . . . . . 29
If you are required to pay Minnesota alternative minimum tax, you must include this schedule and a copy of federal Form 6251
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