Minnesota HF378 establishes a two-year income tax holiday for certain emergency responders.

Minnesota HF378 establishes a two-year income tax holiday for eligible emergency responders. These responders must have worked at least 1,000 hours in Minnesota and had an adjusted gross income not exceeding $75,000, or $150,000 for married taxpayers filing jointly. The exemption applies to taxable years beginning after December 31, 2024, and before January 1, 2027. Responders can still file for a refundable credit if it exceeds their tax liability.

Minnesota HF378 establishes a two-year income tax holiday for certain emergency responders.

Minnesota HF378 establishes a two-year income tax holiday for eligible emergency responders. These responders must have worked at least 1,000 hours in Minnesota and had an adjusted gross income not exceeding $75,000, or $150,000 for married taxpayers filing jointly. The exemption applies to taxable years beginning after December 31, 2024, and before January 1, 2027. Responders can still file for a refundable credit if it exceeds their tax liability.