2001 Schedule M1wfc Instructions
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12001 Schedule M1WFC instructions
Line 7
Who is eligible?
Line instructions
American Indians working and living
If you are eligible for the federal Earned
Line 1
on an Indian reservation
Income Credit (EIC), you are also eligible
If you telefiled your federal return:
If you are an American Indian working and
for the Minnesota working family credit.
Your total earned income is the same
living on a reservation with earned income
amount as your total wages from your W-2
not subject to Minnesota tax, your credit
Part-year residents and nonresidents may
forms. Add your wages and your spouse’s
amount must be based only on income
also be eligible for the credit based on
wages as reported in Box 1 of your W-2
income taxable to Minnesota.
taxable to Minnesota.
forms and fill in the total on line 1 of this
If you are eligible to subtract your reserva-
Before you can fill out Schedule M1WFC, you
schedule.
tion income, you must apportion your
must follow the steps to determine if you
working family credit. Follow the steps
qualify for the federal EIC and complete the
Line 3
below to correctly determine your credit
appropriate EIC Worksheet, both of which
If you telefiled your federal return:
amount:
are found in the instructions for filing your
Your modified adjusted gross income is the
federal return.
same amount as your federal adjusted gross
1 Subtract your earned
income. Fill in the amount from line I of
income that is not taxable
your federal telefile tax record on line 3 of
to Minnesota from your
this schedule.
federal adjusted gross
income . . . . . . . . . . . . . . . . . .
Line 6
2 Divide step 1 by your
Part-year residents and nonresidents
federal adjusted gross
Multiply line 5 by the percentage on line 24
income. The result is a
of your Schedule M1NR. Fill in the result
%
percentage . . . . . . . . . . . . . . .
on line 6 of your Schedule M1WFC and
also on line 34 of your Form M1.
3 Amount from line 5 of
this schedule . . . . . . . . . . . . .
If your income is below the filing require-
ments and you are filing Minnesota Form
4 Multiply step 3 by the
M1 to claim this credit, you must complete
percentage in step 2 . . . . . . .
Schedule M1NR through line 24. How-
Fill in the result from step 4 on line 7 of
ever, enter zero on line 26 of your Schedule
your Schedule M1WFC and also on line 34
M1NR.
of your Form M1.
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