M2RT: Resident Trust Questionnaire (2025)
Minnesota · Minnesota DOR · Used for tax years 2025
Minnesota Schedule M2RT, Resident Trust Questionnaire, helps determine whether a statutory resident trust has sufficient connections to Minnesota for constitutional due process purposes. It reports the trust’s connections to Minnesota, including its fiduciaries, beneficiaries, as
Who files this form
Complete and file Schedule M2RT if your trust meets Minnesota’s statutory definition of a resident trust but you believe it may not have sufficient minimum connections to Minnesota for due process purposes.
The statutory resident trust definition applies to irrevocable trusts created during the grantor’s life and irrevocable trusts created by a will.
If you must file Schedule M2RT, also:
- Check both Statutory Resident and Due Process Nonresident on page 1 of Form M2.
- Complete Form M2 as a nonresident.
- Use Schedule M2NM to determine the non-Minnesota income or loss to include on lines 2 and 7 of Form M2.
What you'll need
To complete Schedule M2RT, have the trust’s name, federal ID number, and Minnesota ID number available. For the questions that apply, provide:
- Names and addresses of all Minnesota and non-Minnesota trustees, other fiduciaries, representatives, beneficiaries, settlors, grantors, or agents as requested. Use residential addresses for beneficiaries.
- Descriptions and fair market values of trust assets located in Minnesota.
- Descriptions of trust administration performed in Minnesota.
Attach additional information if it does not fit in the space provided.
The following attachments are optional, but may be requested during review:
- Trust agreements and other governing legal documents, including all amendments.
- Minnesota court orders showing continuing supervision or another existing relationship with the trust.
- A breakdown of distributions to each beneficiary during the tax year.
- A breakdown of allocations of trust principal or income during the tax year.
- An explanation of the reason for a change in residency status.
Common mistakes
- Checking question 10 when another question applies. Check question 10 only if boxes 1 through 9 are blank and do not apply to the trust.
- Listing only Minnesota people or entities. Where requested, include all Minnesota and non-Minnesota names and addresses, regardless of residency status.
- Leaving out details because there is not enough space. Include the additional information as an attachment.
- Assuming a choice-of-law provision settles which law governs. The instructions note that Minnesota law or another state’s law can govern even when the trust agreement designates a different state’s law.
- Missing the related Form M2 checkboxes. If you must file Schedule M2RT, check both Statutory Resident and Due Process Nonresident on page 1 of Form M2.
Questions people ask
What is Schedule M2RT used for?
It helps determine whether a statutory resident trust has sufficient minimum connections to Minnesota for due process purposes.
Does part-year Minnesota residency count?
Yes. The questions about trustees and other fiduciaries, beneficiaries, and settlors, grantors, or agents include full-year or part-year Minnesota residents at any time during the trust’s 2025 tax year.
What value should I report for Minnesota assets?
Report fair market value at the earliest of the asset’s sale, the trust’s termination, or the end of the tax year. Question 3 includes assets owned at any point during the taxable year.
What counts as trust administration in Minnesota?
Examples include investing trust assets, conducting trust business, distributing assets, conducting litigation or administrative proceedings, record-keeping, preparing and filing tax returns, and making fiduciary decisions about those activities.
What if none of questions 1 through 9 applies?
Check question 10. That box should be checked only when boxes 1 through 9 are blank and do not apply to the trust.