Bill > HF883

This bill increases the maximum Social Security subtraction for Minnesota individual income tax purposes. It raises the maximum subtraction to $5,000 for married joint filers, $3,810 for single or head-of-household filers, and $2,500 for married separate filers. The income thresholds above which the subtraction is reduced are also increased. The changes are effective for taxable years beginning after December 31, 2018.