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Home › Business Help › 1and half page about tax return
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1and half page about tax return

Date Posted: 01/12/2017
Category: Business
Due Date: 01/12/2017
Instruction
http://www.revenue.state.mn.us/Forms_and_Instructions/m1_16_onscreen.pdf read through the return and determine the source of income from the federal 1040 return. what adjustments are made to calculate taxable income in Minnesota? what is the income tax rate? does the return use a formula for the tax amount or tax tables? is the tax rate a flat tax or progressive? use this site https://www.taxadmin.org/state-tax-forms find two additional states, and answer the same questions. do not choose Alaska, Florida, Nevada, South Dakota, Taxex, Washington, Wyoming, Tennessee, and New Hampshire use this site http://www.salestaxinstitute.com/resources/rates identify the sales tax rates for the three states for which you found income tax data. Use the state's website that you used for the tax return to find information about the state sales rate to determine if there are exceptions for the sales tax.
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