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State tax filing
Other states do this as well. (New York is the prime example)
First, they calculate your MN tax as if all your taxable income were being taxed by MN. Then they multiply that number by the % of your income that is in fact taxable by Minnesota, in order to determine your actual Minnesota tax due.
MN would tell you that your RMD is not being taxed.
Might seem unfair, but that's how they do it.
**Answers are correct to the best of my ability but do not constitute tax or legal advice.
‎February 6, 2025
11:49 AM