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Add 2023 Minnesota Tax Rules #4417

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Jun 20, 2024
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Add 2023 Minnesota Tax Rules #4417

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09862cf
Add 2023 Minnesota Tax Rules
shuyu7zhan Apr 18, 2024
4da5d52
ref update
shuyu7zhan Apr 22, 2024
6f87fa5
Add 2023 Minnesota Tax Rules
shuyu7zhan Apr 22, 2024
c37227a
no updates for wfc in this PR
shuyu7zhan Apr 22, 2024
b72a43f
uprating
shuyu7zhan Apr 23, 2024
494374c
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan Apr 23, 2024
79266af
expand MN abbr
shuyu7zhan May 6, 2024
ab77bfd
Add tax code
shuyu7zhan May 8, 2024
c7d5759
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan May 8, 2024
d6bb48a
add cdcc
shuyu7zhan May 8, 2024
783425c
rounding
shuyu7zhan May 8, 2024
207b876
Add 2023 Minnesota Tax Rules
shuyu7zhan May 10, 2024
aa8a23c
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan May 10, 2024
4647879
format and comment
PavelMakarchuk May 14, 2024
ae28fd1
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
PavelMakarchuk May 14, 2024
6bab796
Add 2023 Minnesota Tax Rules
shuyu7zhan May 24, 2024
e4ab428
Merge branch 'shuyu7zhan/issue4184' of https://github.com/shuyu7zhan/…
shuyu7zhan May 24, 2024
6399b62
tax code
shuyu7zhan May 24, 2024
6955852
tax code and uprating
shuyu7zhan May 30, 2024
0580e0d
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan May 30, 2024
a2409b3
Add 2023 Minnesota Tax Rules
shuyu7zhan Jun 5, 2024
8010db9
Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan Jun 5, 2024
2fbb7b7
use irs parameter
shuyu7zhan Jun 5, 2024
a4dd754
Add 2023 Minnesota Tax Rules
shuyu7zhan Jun 11, 2024
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Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
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Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan Jun 13, 2024
723cd66
Add 2023 Minnesota Tax Rules
shuyu7zhan Jun 13, 2024
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Add 2023 Minnesota Tax Rules
shuyu7zhan Jun 19, 2024
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Merge branch 'master' of https://github.com/PolicyEngine/policyengine…
shuyu7zhan Jun 19, 2024
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4 changes: 4 additions & 0 deletions changelog_entry.yaml
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@@ -0,0 +1,4 @@
- bump: minor
changes:
added:
- Add 2023 Minnesota Tax Rules.
13 changes: 8 additions & 5 deletions policyengine_us/parameters/gov/states/mn/tax/income/additions/sources.yaml
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@@ -1,13 +1,16 @@
description: Minnesota adds these variables to US AGI when computing its taxable income.
description: Minnesota adds these variables to federal adjusted gross income when computing its taxable income.
values:
2021-01-01:
- form_4972_lumpsum_distributions

metadata:
unit: variable
label: MN additions to US AGI
unit: list
period: year
label: Minnesota additions to federal AGI
reference:
- title: 2021 MN Schedule M1M, Income Additions and Subtractions
- title: 2021 Minnesota Schedule M1M, Income Additions and Subtractions
href: https://www.taxformfinder.org/forms/2021/2021-minnesota-form-m1m.pdf
- title: 2022 MN Schedule M1M, Income Additions and Subtractions
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- title: 2022 Minnesota Schedule M1M, Income Additions and Subtractions
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1m_22.pdf
- title: 2023 Minnesota Schedule M1M, Income Additions and Subtractions
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1m-23.pdf
16 changes: 16 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/amt/fractional_income_threshold.yaml
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Expand Up @@ -5,24 +5,40 @@ metadata:
unit: currency-USD
breakdown:
- filing_status
uprating:
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parameter: gov.irs.uprating
rounding:
type: nearest
interval: 10
reference:
- title: 2023 Minnesota Statutes Section 290.091 — Alternative Minimum Tax On Preference Items Subd.3.a
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href: https://www.revisor.mn.gov/statutes/cite/290.091#stat.290.091.3
- title: 2023 Minnesota Statutes Section 270C.22 — Cost Of Living Adjustment Subdivision 1.e
href: https://www.revisor.mn.gov/statutes/cite/270c.22#stat.270C.22.1
- title: 2021 Minnesota Schedule M1MT form, Line 21
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1mt_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MT form, Line 21
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1mt_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MT form, Line 21
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1mt-23.pdf#page=1

JOINT:
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2021-01-01: 79_660
2022-01-01: 82_150
2023-01-01: 87_960
HEAD_OF_HOUSEHOLD:
2021-01-01: 59_750
2022-01-01: 61_610
2023-01-01: 65_970
SURVIVING_SPOUSE:
2021-01-01: 79_660
2022-01-01: 82_150
2023-01-01: 87_960
SINGLE:
2021-01-01: 59_750
2022-01-01: 61_610
2023-01-01: 65_970
SEPARATE:
2021-01-01: 39_840
2022-01-01: 41_080
2023-01-01: 43_990
2 changes: 2 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/amt/income_fraction.yaml
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Expand Up @@ -11,3 +11,5 @@ metadata:
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1mt_21.pdf#page=1
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I think we can use this parameter instead in the variable:
policyengine_us/parameters/gov/irs/income/amt/exemption/phase_out/rate.yaml

We can delete this file

- title: 2022 Minnesota Schedule M1MT form, Line 24
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1mt_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MT form, Line 24
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1mt-23.pdf#page=1
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2 changes: 2 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/amt/income_threshold.yaml
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Expand Up @@ -10,6 +10,8 @@ metadata:
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1mt_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MT form, Line 22
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1mt_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MT form, Line 22
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href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1mt_23.pdf#page=1

JOINT:
2021-01-01: 150_000
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4 changes: 4 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/amt/rate.yaml
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Expand Up @@ -7,7 +7,11 @@ metadata:
unit: /1
label: Minnesota AMT rate
reference:
- title: 2023 Minnesota Statutes Section 290.091 — Alternative Minimum Tax On Preference Items Subd.1.a
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href: https://law.justia.com/codes/minnesota/chapters-289a-295/chapter-290/section-290-091
- title: 2021 Minnesota Schedule M1MT form, Line 27
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1mt_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MT form, Line 27
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1mt_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MT form, Line 22
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1mt_23.pdf#page=1
2 changes: 2 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/child_age.yaml
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Expand Up @@ -11,3 +11,5 @@ metadata:
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=3
- title: 2022 Schedule M1CD, Child and Dependent Care Credit
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=3
- title: 2023 Schedule M1CD, Child and Dependent Care Credit
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=3
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4 changes: 4 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/expense_fraction.yaml
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Expand Up @@ -6,10 +6,14 @@ metadata:
amount_unit: /1
label: Minnesota CDCC expense fraction
reference:
# The legal code states that the minimum income will defined by the commissioner of revenue each year
# and published in the Minnesota Schedule M1CD.
- title: 2021 Schedule M1CD, Child and Dependent Care Credit, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=6
- title: 2022 Schedule M1CD, Child and Dependent Care Credit, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=6
- title: 2023 Schedule M1CD, Child and Dependent Care Credit, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=6

brackets:
- threshold:
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4 changes: 4 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/maximum_dependents.yaml
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Expand Up @@ -7,7 +7,11 @@ metadata:
unit: person
label: Minnesota CDCC maximum number of qualified dependents
reference:
- title: Minnesota Statutes 290.067 DEPENDENT CARE CREDIT. Subd. 1.Amount of credit. (h)
href: https://www.revisor.mn.gov/statutes/cite/290.067#stat.290.067.1
- title: 2021 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=1
- title: 2022 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=1
- title: 2023 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=1
4 changes: 4 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/maximum_expense.yaml
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Expand Up @@ -7,7 +7,11 @@ metadata:
unit: currency-USD
label: Minnesota CDCC maximum allowed care expense per qualified dependent
reference:
# The legal code states that the minimum income will defined by the commissioner of revenue each year
# and published in the Minnesota Schedule M1CD.
- title: 2021 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=1
- title: 2022 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=1
- title: 2023 Schedule M1CD, Child and Dependent Care Credit, Line 1
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=1
4 changes: 4 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/phaseout_rate.yaml
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Expand Up @@ -7,7 +7,11 @@ metadata:
unit: /1
label: Minnesota CDCC excess AGI phaseout rate
reference:
- title: Minnesota Statutes 290.067 DEPENDENT CARE CREDIT. Subd. 1.Amount of credit. (h)
href: https://www.revisor.mn.gov/statutes/cite/290.067#stat.290.067.1
- title: 2021 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=6
- title: 2022 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=6
- title: 2023 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=6
7 changes: 7 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/cdcc/phaseout_threshold.yaml
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Expand Up @@ -2,13 +2,20 @@ description: Minnesota has a child/dependent care credit which begins to be phas
values:
2021-01-01: 53_630
2022-01-01: 55_300
2023-01-01: 59_210

metadata:
period: year
unit: currency-USD
label: Minnesota CDCC phaseout threshold
reference:
- title: Minnesota Statutes 290.067 DEPENDENT CARE CREDIT. Subd. 1.Amount of credit. (h)
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href: https://www.revisor.mn.gov/statutes/cite/290.067#stat.290.067.1
- title: 2023 Minnesota Statutes Section 270C.22 — Cost Of Living Adjustment Subdivision 1.e
href: https://www.revisor.mn.gov/statutes/cite/270c.22#stat.270C.22.1
- title: 2021 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-02/m1cd_21.pdf#page=6
- title: 2022 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1cd_22_0.pdf#page=6
- title: 2023 Schedule M1CD, Child and Dependent Care Credit, Worksheet for Line 8
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1cd-23.pdf#page=6
8 changes: 7 additions & 1 deletion policyengine_us/parameters/gov/states/mn/tax/income/credits/marriage/income_sources.yaml
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Expand Up @@ -9,5 +9,11 @@ values:
metadata:
label: Minnesota marriage credit income sources
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reference:
- title: Minnesota Statutes 290.0675 MARRIAGE PENALTY CREDIT. Subd. 1.Definitions
href: https://www.revisor.mn.gov/statutes/cite/290.0675#stat.290.0675.1
- title: 2021 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1ma-23.pdf#page=1
14 changes: 12 additions & 2 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/marriage/maximum_amount.yaml
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Expand Up @@ -2,13 +2,23 @@ description: Minnesota provides a marriage credit for joint filers where this is
values:
2021-01-01: 1_548
2022-01-01: 1_596
2023-01-01: 1_710

metadata:
period: year
unit: currency-USD
label: Minnesota marriage credit minimum amount
uprating:
parameter: gov.irs.uprating
rounding:
type: nearest
interval: 10
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reference:
- title: Minnesota Statutes 290.0675 MARRIAGE PENALTY CREDIT. Subd. 3.Credit amount.
href: https://www.revisor.mn.gov/statutes/cite/290.0675#stat.290.0675.3
- title: 2021 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MA, Line 19
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1ma-23.pdf#page=1
11 changes: 9 additions & 2 deletions ...ne_us/parameters/gov/states/mn/tax/income/credits/marriage/minimum_individual_income.yaml
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Original file line number Diff line number Diff line change
@@ -1,13 +1,20 @@
description: Minnesota provides a marriage credit for joint filers where the lesser income of the two spouses is at least this minimum amount.
values:
2021-01-01: 26_000
2023-01-01: 28_000

metadata:
period: year
unit: currency-USD
label: Minnesota marriage credit minimum individual income for eligibility
reference:
# The legal code states that the minimum income will defined by the commissioner of revenue each year
# and published in the Minnesota Schedule M1MA instructions.
- title: Minnesota Statutes 290.0675 MARRIAGE PENALTY CREDIT. Subd. 3.Credit amount.
href: https://www.revisor.mn.gov/statutes/cite/290.0675#stat.290.0675.3
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- title: 2021 Minnesota Schedule M1MA, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MA, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MA, Line 6
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1ma-23.pdf#page=1
11 changes: 9 additions & 2 deletions ...ngine_us/parameters/gov/states/mn/tax/income/credits/marriage/minimum_taxable_income.yaml
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Expand Up @@ -2,13 +2,20 @@ description: Minnesota provides a marriage credit for joint filers where their t
values:
2021-01-01: 40_000
2022-01-01: 42_000
2023-01-01: 44_000

metadata:
period: year
unit: currency-USD
label: Minnesota marriage credit minimum taxable income for eligibility
reference:
# The legal code states that the minimum income will defined by the commissioner of revenue each year
# and published in the Minnesota Schedule M1MA instructions.
- title: Minnesota Statutes 290.0675 MARRIAGE PENALTY CREDIT. Subd. 3.Credit amount.
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href: https://www.revisor.mn.gov/statutes/cite/290.0675#stat.290.0675.3
- title: 2021 Minnesota Schedule M1MA, Line 7
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MA, Line 7
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MA, Line 7
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1ma-23.pdf#page=1
8 changes: 6 additions & 2 deletions ..._us/parameters/gov/states/mn/tax/income/credits/marriage/standard_deduction_fraction.yaml
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Expand Up @@ -7,7 +7,11 @@ metadata:
unit: /1
label: Minnesota marriage credit standard deduction fraction
reference:
- title: Minnesota Statutes 290.0675 MARRIAGE PENALTY CREDIT. Subd. 1.Definitions (d)
href: https://www.revisor.mn.gov/statutes/cite/290.0675#stat.290.0675.1
- title: 2021 Minnesota Schedule M1MA, Line 10
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_21.pdf#page=1
- title: 2022 Minnesota Schedule M1MA, Line 10
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1ma_22.pdf#page=1
- title: 2023 Minnesota Schedule M1MA, Line 10
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1ma-23.pdf#page=1
2 changes: 2 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/nonrefundable.yaml
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Expand Up @@ -11,3 +11,5 @@ metadata:
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1c_21.pdf
- title: 2022 Schedule M1C, Nonrefundable Credits
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1c_22.pdf
- title: 2023 Schedule M1C, Nonrefundable Credits
href: https://www.revenue.state.mn.us/sites/default/files/2024-01/m1c-23.pdf
2 changes: 2 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/refundable.yaml
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Expand Up @@ -12,3 +12,5 @@ metadata:
href: https://www.revenue.state.mn.us/sites/default/files/2021-12/m1ref_21_0.pdf
- title: 2022 Schedule M1REF, Refundable Credits
href: https://www.revenue.state.mn.us/sites/default/files/2022-12/m1ref_22.pdf
- title: 2023 Schedule M1REF, Refundable Credits
href: https://www.revenue.state.mn.us/sites/default/files/2024-04/m1ref-23.pdf
4 changes: 2 additions & 2 deletions ...parameters/gov/states/mn/tax/income/credits/wfc/eligible/childless_adult_age/maximum.yaml
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Expand Up @@ -8,6 +8,6 @@ metadata:
label: Minnesota WFC maximum eligibility age for childless adults
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671#stat.290.0671.1
- title: 2022 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671#stat.290.0671.1
4 changes: 2 additions & 2 deletions ...parameters/gov/states/mn/tax/income/credits/wfc/eligible/childless_adult_age/minimum.yaml
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label: Minnesota WFC minimum eligibility age for childless adults
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671#stat.290.0671.1
- title: 2022 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671#stat.290.0671.1
2 changes: 1 addition & 1 deletion ...yengine_us/parameters/gov/states/mn/tax/income/credits/wfc/phase_in/earnings_maximum.yaml
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period: year
threshold_unit: child
amount_unit: currency-USD
label: MN WFC maximum earnings to which the phasein rate is applied
label: Minnesota WFC maximum earnings to which the phasein rate is applied
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
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6 changes: 3 additions & 3 deletions policyengine_us/parameters/gov/states/mn/tax/income/credits/wfc/phase_in/rate.yaml
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Expand Up @@ -4,12 +4,12 @@ metadata:
period: year
threshold_unit: child
amount_unit: /1
label: MN WFC phasein rate by number of children
label: Minnesota WFC phasein rate by number of children
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671#stat.290.0671.1
- title: 2022 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/cite/290.0671
href: https://www.revisor.mn.gov/statutes/2022/cite/290.0671#stat.290.0671.1

brackets:
- threshold:
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2 changes: 1 addition & 1 deletion policyengine_us/parameters/gov/states/mn/tax/income/credits/wfc/phase_out/rate.yaml
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Expand Up @@ -4,7 +4,7 @@ metadata:
period: year
threshold_unit: child
amount_unit: /1
label: MN WFC phaseout rate by number of children
label: Minnesota WFC phaseout rate by number of children
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
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2 changes: 1 addition & 1 deletion ...yengine_us/parameters/gov/states/mn/tax/income/credits/wfc/phase_out/threshold/joint.yaml
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Expand Up @@ -4,7 +4,7 @@ metadata:
period: year
threshold_unit: child
amount_unit: currency-USD
label: MN WFC phaseout threshold for joint filers
label: Minnesota WFC phaseout threshold for joint filers
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
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2 changes: 1 addition & 1 deletion ...yengine_us/parameters/gov/states/mn/tax/income/credits/wfc/phase_out/threshold/other.yaml
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Expand Up @@ -4,7 +4,7 @@ metadata:
period: year
threshold_unit: child
amount_unit: currency-USD
label: MN WFC phaseout threshold for non-joint filers
label: Minnesota WFC phaseout threshold for non-joint filers
reference:
- title: 2021 Minnesota Statutes, section 290.0671
href: https://www.revisor.mn.gov/statutes/2021/cite/290.0671
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16 changes: 16 additions & 0 deletions policyengine_us/parameters/gov/states/mn/tax/income/deductions/agi_threshold.yaml
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Expand Up @@ -3,26 +3,42 @@ metadata:
label: federal AGI threshold above which Minnesota itemized deductions are limited
period: year
unit: currency-USD
uprating:
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parameter: gov.irs.uprating
rounding:
type: downwards
interval: 50
breakdown:
- filing_status
reference:
- title: Minnesota Statutes 290.0123 STANDARD DEDUCTION. Subd. 5.Deduction limited.
href: https://www.revisor.mn.gov/statutes/cite/290.0123#stat.290.0123.5
- title: Minnesota Statutes, 290.0123 Subd. 6.Inflation adjustment.
href: https://www.revisor.mn.gov/statutes/cite/290.0123#stat.290.0123.6
- title: 2021 Minnesota Schedule M1SA form, Worksheet for Line 26
href: https://taxsim.nber.org/historical_state_tax_forms/MN/2021/m1sa_21.pdf#page=7
- title: 2022 Minnesota Schedule M1SA form, Worksheet for Line 26
href: https://www.revenue.state.mn.us/sites/default/files/2023-01/m1sa_22.pdf#page=7
- title: 2023 Minnesota Schedule M1SA form, Worksheet for Line 26
href: https://www.revenue.state.mn.us/sites/default/files/2023-12/m1sa-23.pdf#page=8

JOINT:
2021-01-01: 199_850
2022-01-01: 206_050
2023-01-01: 220_650
HEAD_OF_HOUSEHOLD:
2021-01-01: 199_850
2022-01-01: 206_050
2023-01-01: 220_650
SURVIVING_SPOUSE:
2021-01-01: 199_850
2022-01-01: 206_050
2023-01-01: 220_650
SINGLE:
2021-01-01: 199_850
2022-01-01: 206_050
2023-01-01: 220_650
SEPARATE:
2021-01-01: 99_925
2022-01-01: 103_025
2023-01-01: 110_325
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