SF1159

This bill, proposed in the Minnesota Senate, aims to adjust how Social Security benefits are taxed for veterans and their surviving spouses. It suggests a complete subtraction of taxable Social Security benefits for these individuals, meaning these benefits would not be taxed. The bill modifies existing law by detailing different income levels and thresholds that affect how much of the Social Security benefits are subtracted from taxable income for different taxpayers. It clearly emphasizes more supportive taxation for veterans and surviving spouses by allowing them not to count their Social Security benefits as taxable income.