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Retirement tax questions
They will correct their 'correction'. See this link from the MN Dept of Rev regarding law change for 2023 - Beginning with tax year 2023, there are two methods for calculating the subtraction: the “simplified method” and the “alternative method.”
The simplified method allows taxpayers with adjusted gross income below $100,000 for Married Filing Jointly, or below $78,000 for Single or Head of Household, to subtract all their Social Security benefits included in adjusted gross income (AGI).
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March 14, 2024
9:09 PM