Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

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Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

Yes, your Minnesota Taxable Income could be different from your Federal Taxable Income, since states have different Standard Deduction amounts than Federal.

Also, Minnesota could be giving you a deduction or credit that your Federal return does not (or vice versa).

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Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

http://www.house.leg.state.mn.us/hrd/pubs/ss/ssmti.pdf

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Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

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Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

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Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

Is "Minnesota taxable income" different than federal income? Transferred federal info to state and income is close to $10,000 difference.

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