On May 24, 2019, the Minnesota Legislature passed a tax bill that conforms many of Minnesota’s tax laws with several federal tax code changes enacted from 2016 to 2018. Since 2017 and many 2018 tax returns were filed prior to this passage, the Minnesota Department of Revenue (DOR) will be adjusting returns to reflect the required changes. The DOR has indicated that amended returns should not be filed to reflect these changes and that the DOR will adjust and notify individuals of changes by Summer 2020. If you receive a notice from Minnesota Revenue, please provide your tax preparer with a copy to confirm that the changes are proper.

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Article Date: 11-20-2019