M1PR Instructions

IRS Form M1PR, also known as Homestead Credit Refund (for homeowners) and Renter’s Property Tax Refund, allows you to claim your credit or tax refund. Although filing this form is pretty straightforward, if this will be your first time, then you may have some challenges. Thus, we have provided in-depth M1PR instructions for you in the following. You can also follow the instructions on the original form in addition to the information we’ve given you here.

How To Fill Out the M1PR Form?

First, you need to fill out the first part of the form with your personal information, such as your name, surname, address, social security number, and date of birth. Later, you need to choose your statuses, such as if you are a renter, homeowner, mobile homeowner, nursing home, or adult foster care resident.

In the first line, you need to share your federal adjusted gross income and fill out your nontaxable social security in the second line. If any, you need to provide the deduction for contributions to your qualified retirement plan on line three.

Again, if any, you need to provide the total payments from different programs such as MFIP, MSA, GA, SSI, and so on inline-four. To fill line five, you will need to schedule M1PR-AI and report the total amount of the nontaxable income.

The rest of the lines are self-explanatory, so you will not have any challenges filling them out. Keep in mind that not everyone will qualify to fill out and submit an M1PR. For example, if you are a dependent, you will not be able to file this form.

If you have a relative’s homestead, you will also be unable to fill out this form. Another important detail is that if you are living in Minnesota and receive more than fifty percent of your support from your relatives and your gross income is less than $4,350, you will not be able to qualify for the refund.