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Beneficiary's Share of Minnesota Taxable Income Revenue State Mn Form

Beneficiary's Share of Minnesota Taxable Income Revenue State Mn Form

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[Music] does the state you live in Impact your income and lifestyle a recent article in Kiplinger ranks Minnesota towards the top as one of the highest tax states in the country we come in at number six ing to that list and what may come as little surprise to many of us it seems our Alpha money expert Mike coinin from Principal preservation Services joins us now to take a closer look at the taxes that are sending some motans now elsewhere hi Mike good to see you hi is doing awesome good to be here again want to start with Social Security and pensions yeah Minnesota is one of 12 states that still taxes Social Security uh many states have eliminated taxes altogether originally it wasn't to be taxed back when it was enforced you know back in you know 1937 now they did get some tax breaks a little over a year ago single income earners of $82,000 a year a little over 82,000 or couples of 105,000 anybody below that they won't pay taxes above that you will still pay taxes so i

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