Retirement tax questions

It's not necessarily a glitch......the amount does depend on you total AGI, but if line 6b of your form 1040 last year was low, it is possible that amount is higher this year too.  And in certain situations taht amount cna be higher for 2023.

 

See the line 12 worksheet for the MN Form M1M for details on how it is calculated, but if your income falls below a certain level, the value of line 6b (of the 1040) is used without any additional calculations:

 

Form Search | Minnesota Department of Revenue (state.mn.us)

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*