KPINC: Federal Adjustments (2025)
Minnesota · Minnesota DOR · Used for tax years 2025
Minnesota Schedule KPINC is a supplemental schedule that partnerships provide to individual, estate, and trust partners. It reports each partner’s share of federal tax adjustments needed to complete their Minnesota return.
Who files this form
Schedule KPINC is a supplemental schedule that a partnership provides to its individual, estate, or trust partners. It reports the partner’s share of the partnership’s nonconformity adjustments for a Minnesota return.
Partners must include Schedule KPINC when filing their Minnesota return. The form also says to include it when filing Schedule KPI.
What you'll need
- Schedule KPINC provided by the partnership.
- Minnesota Schedule M1NC for an individual partner, or Schedule M2NC for an estate or trust partner.
- The partner’s name and Social Security number or federal ID number, plus the partnership’s name, federal ID number, and Minnesota ID number, as requested on the form.
- If an amended Schedule KPINC changes your nonconformity adjustments, Form M1X for an individual partner or Form M2X for an estate or trust partner.
How to file
Include Schedule KPINC with your Minnesota return. The form also requires it to be included when you file Schedule KPI.
For the line 16 adjustment, individuals report the amount on Schedule M1NC, line 23. Estates and trusts report it on Schedule M2NC, line 16.
The supplied text does not give a mailing address or e-file instructions.
Common mistakes
- Leaving out Schedule KPINC. The instructions warn that failing to include it with your Minnesota return will delay processing. The form also says to include it when filing Schedule KPI.
- Not amending your return when required. If you receive an amended Schedule KPINC and your nonconformity adjustments have changed, you must file an amended Minnesota return.
- Using the wrong sign or rounding. The form says to enter amounts as positive or negative and round to the nearest whole dollar.
- Reporting a negative total incorrectly. If line 31 is negative, enter it as a positive number on Schedule KPI, line 19. A positive total goes on Schedule KPI, line 6.
Questions people ask
What is Schedule KPINC used for?
It gives individual, estate, and trust partners information about their share of a partnership’s nonconformity adjustments so they can complete Minnesota Schedule M1NC or M2NC.
Where do I report the amount on line 16?
Line 16 covers the exclusion of interest on loans secured by rural or agricultural real property. Individuals include the amount on Schedule M1NC, line 23. Estates and trusts include it on Schedule M2NC, line 16.
How do I report the total on line 31?
Add lines 1 through 30. If the total is positive, enter it on Schedule KPI, line 6. If it is negative, enter it as a positive number on Schedule KPI, line 19.
What if the partnership sends me an amended Schedule KPINC?
If your nonconformity adjustments have changed, you must amend your Minnesota return. Individuals use Form M1X. Estates and trusts use Form M2X.