8 апр. 2024 г. · The subtraction amount is limited to: $25,000 for a married taxpayer filing a joint return or a surviving spouse; $12,500 for all other filers.

A taxpayer's Social Security benefits are fully or partially exempt from Minnesota's income tax. There are two separate tax policies that result in Social ...

Minnesota offers a means-tested income tax subtraction for Social Security benefits. In tax year 2024, taxpayers with adjusted gross incomes below $105,380 ( ...

5 сент. 2024 г. · It adjusts the standard deduction amount for 2023 to $27,650 for married joint or surviving spouse filers, $20,800 for head of household filers, ...

7 авг. 2024 г. · Enacted in 2023, Minnesota expanded the state tax exemption for Social Security, which eliminates the levy for most seniors. For 2023, taxpayers ...

8 авг. 2024 г. · As part of the tax legislation Walz signed in 2023, Minnesota exempted Social Security income from state tax for single filers earning less ...

6 авг. 2024 г. · Other tax cuts signed by Gov. Walz include expanded exemptions for Social Security income and for student loan forgiveness, plus an extension ...

1 июн. 2023 г. · Couples with an annual income up to $100,000 would be exempt from state tax on Social Security benefits, with a phased-out exemption for married ...

2 мая 2023 г. · The Minnesota Senate passed a plan Tuesday that expands a state tax exemption for Social Security benefits without eliminating the tax.