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Mn nontaxable income. is veterans benefits part of disability payments
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June 5, 2019
2:17 PM
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Retirement tax questions
Yes. Minnesota Department of Revenue states the following as a partial list of non-taxable income to be added in when calculating credits:
- Disability benefits
- Contributions to pre-tax employee benefit
- Contributions to deferred compensation plans
- Interest and mutual fund dividends
- Nontaxable scholarships, fellowships and grants for education
- Pension and annuity payments
- Sick pay and/or disability benefits
- Strike benefits
- Veterans benefits.
- Workers’ Compensation
June 5, 2019
2:17 PM