INCOME AND FRANCHISE TAXES

"Angel investment credit," Minn. Laws 2019 1Sp c 6 art 2 s 1-7, 26, 2019 1Sp c 12 s 2

Adjusted gross income, Minn. Laws 2019 1Sp c 6 art 1 s 12

Alternative minimum tax

Corporations, Minn. Laws 2019 1Sp c 6 art 1 s 53

Definitions, Minn. Laws 2019 1Sp c 6 art 1 s 50, 52

Individuals, estates, and trusts, Minn. Laws 2019 1Sp c 6 art 1 s 51, 53

Border city zones, credits, Minn. Laws 2019 1Sp c 6 art 5 s 4

Corporations

Deferred foreign income, identification, Minn. Laws 2019 1Sp c 6 art 1 s 11

Global intangible low-taxed income, subtractions from income, Minn. Laws 2019 1Sp c 6 art 1 s 32

Interest expenses, computation, Minn. Laws 2019 1Sp c 6 art 1 s 58

Sales factor, determination, Minn. Laws 2019 1Sp c 6 art 2 s 21

Credits

Historic structure rehabilitation tax credit, Minn. Laws 2019 1Sp c 6 art 1 s 43-46

Long-term care insurance credit, Minn. Laws 2019 1Sp c 6 art 1 s 40

Marriage penalty credit, Minn. Laws 2019 1Sp c 6 art 1 s 42

Minnesota college savings plan credit, Minn. Laws 2019 1Sp c 6 art 1 s 47, 48

Decedents estates, additions to income, federal special deductions, Minn. Laws 2019 1Sp c 6 art 1 s 23

Deductions

Blind taxpayers, Minn. Laws 2019 1Sp c 6 art 1 s 17

Charitable contributions, Minn. Laws 2019 1Sp c 6 art 1 s 25

Cost of living adjustment, Minn. Laws 2019 1Sp c 6 art 1 s 17

Dependent persons, Minn. Laws 2019 1Sp c 6 art 1 s 17

Dividends received, Minn. Laws 2019 1Sp c 6 art 1 s 57, 2019 1Sp c 6 art 2 s 22

Generally, Minn. Laws 2019 1Sp c 6 art 1 s 26

Itemized deductions, Minn. Laws 2019 1Sp c 6 art 1 s 13

Limitations, Minn. Laws 2019 1Sp c 6 art 1 s 17

Nondeductible items, Minn. Laws 2019 1Sp c 6 art 1 s 74

Persons 65 and older, Minn. Laws 2019 1Sp c 6 art 1 s 17

Special limited adjustment, Minn. Laws 2019 1Sp c 6 art 1 s 61

Standard deduction, Minn. Laws 2019 1Sp c 6 art 1 s 17

Definitions

Alternative minimum tax, Minn. Laws 2019 1Sp c 6 art 1 s 50, 52

Dependency exemption allocation, Minn. Laws 2019 1Sp c 6 art 1 s 15

Generally, Minn. Laws 2019 1Sp c 6 art 1 s 9-14, 2019 1Sp c 6 art 2 s 10, 11

Itemized deductions, Minn. Laws 2019 1Sp c 6 art 1 s 16

Revenue Recapture Act, Minn. Laws 2019 1Sp c 6 art 1 s 1

Dependent care credit, Minn. Laws 2019 1Sp c 6 art 1 s 38

Education credit, revisor's correction, Minn. Laws 2019 c 50 art 1 s 91

Exemptions

Dependency exemption allocation, adjustments, Minn. Laws 2019 1Sp c 6 art 1 s 15, 27

Exempt entities subject to tax under Internal Revenue Code, Minn. Laws 2019 1Sp c 6 art 1 s 35, 2019 1Sp c 6 art 2 s 15

Federal adjusted gross income

Additions to, Minn. Laws 2019 1Sp c 6 art 1 s 19, 20

Conforming changes, Minn. Laws 2019 1Sp c 6 art 1 s 6, 7, 18, 19, 24, 28, 34, 41, 49, 69-71

Effective date, Minn. Laws 2019 1Sp c 6 art 1 s 12

Subtractions from, Minn. Laws 2019 1Sp c 6 art 1 s 24-30, 74

Federal income taxes

Changes, notice to Revenue Department, Minn. Laws 2019 1Sp c 6 art 13 s 1

Unemployment insurance benefit applicants, tax liability, Minn. Laws 2019 1Sp c 7 art 8 s 5

Federal laws, effective dates, Minn. Laws 2019 1Sp c 6 art 1 s 14

Federal taxable income, subtractions from, Minn. Laws 2019 1Sp c 6 art 1 s 74, 2019 1Sp c 6 art 2 s 12-14

Foreign income

Deferred foreign income

Definition, Minn. Laws 2019 1Sp c 6 art 1 s 11

Subtractions from income, Minn. Laws 2019 1Sp c 6 art 1 s 29, 33

Foreign-derived intangible income, Minn. Laws 2019 1Sp c 6 art 1 s 22

Global intangible low-taxed income, subtractions from income, Minn. Laws 2019 1Sp c 6 art 1 s 30-32

Franchise taxes, imposition of tax, Minn. Laws 2019 1Sp c 6 art 1 s 54

Gross income, allocation to state, Minn. Laws 2019 1Sp c 6 art 1 s 56

Interest

Corporation expenses, computation, Minn. Laws 2019 1Sp c 6 art 1 s 58

Itemized deductions, Minn. Laws 2019 1Sp c 6 art 1 s 16

Itemized deductions, individuals, estates, and trusts

Allowances, computation, Minn. Laws 2019 1Sp c 6 art 1 s 16

Subtractions from federal taxable income, Minn. Laws 2019 1Sp c 6 art 1 s 26

Joint returns, payment, liability, Minn. Laws 2019 1Sp c 6 art 2 s 9

Long-term care insurance credit, Minn. Laws 2019 1Sp c 6 art 1 s 40

Low-income housing tax credits, allocation to cities and counties, Minn. Laws 2019 1Sp c 1 art 6 s 24

Marriage penalty credit, Minn. Laws 2019 1Sp c 6 art 1 s 42

Married persons, marital status determination, Minn. Laws 2019 1Sp c 6 art 1 s 8

Medical cannabis manufacturers, disallowed federal expenses, subtractions from income, Minn. Laws 2019 1Sp c 6 art 1 s 53, 2019 1Sp c 6 art 2 s 13, 14

Military service credit, revisor's correction, Minn. Laws 2019 c 50 art 1 s 92

Minnesota college savings plan

Credit

Generally, Minn. Laws 2019 1Sp c 6 art 1 s 37, 47, 48, 2019 1Sp c 6 art 2 s 19

Revisor's correction, Minn. Laws 2019 c 50 art 1 s 90, 93

Distributions, additions to income, Minn. Laws 2019 1Sp c 6 art 1 s 20

Net income

Allocation to state, Minn. Laws 2019 1Sp c 6 art 1 s 56

2017 calculation, Minn. Laws 2019 1Sp c 6 art 1 s 72

Net operating losses, carryover, applications, Minn. Laws 2019 1Sp c 6 art 1 s 55

Partnerships

Nonresident partners, installment sale gains, recognition, Minn. Laws 2019 1Sp c 6 art 12 s 1

Returns, nonresident partners, composite returns, Minn. Laws 2019 1Sp c 6 art 1 s 5

Payment, taxes paid or accrued within taxable year, itemized deductions, Minn. Laws 2019 1Sp c 6 art 1 s 16

Penalties (monetary), waiver, Minn. Laws 2019 1Sp c 6 art 2 s 25

Qualified business income, deductions from federal taxes, additions to income, Minn. Laws 2019 1Sp c 6 art 1 s 21

Rates

Inflation adjustments, tax brackets, Minn. Laws 2019 1Sp c 6 art 1 s 36, 2019 1Sp c 6 art 12 s 3

Schedules, Minn. Laws 2019 1Sp c 6 art 12 s 2

Returns, filing, Minn. Laws 2019 1Sp c 6 art 1 s 4

S corporations, nonresident taxpayers, installment sale gains, recognition, Minn. Laws 2019 1Sp c 6 art 12 s 1

Schedules and tables, tax rates, Minn. Laws 2019 1Sp c 6 art 2 s 16

Small business investment tax credit, Minn. Laws 2019 1Sp c 6 art 2 s 1-7, 26, 2019 1Sp c 12 s 2

State itemized deduction, Minn. Laws 2019 1Sp c 6 art 1 s 13

Surviving spouses, Minn. Laws 2019 1Sp c 6 art 1 s 9

Tax liability, joint returns, Minn. Laws 2019 1Sp c 6 art 2 s 9

Taxpayers

Employment-related expenses, unreimbursed expenses, Minn. Laws 2019 1Sp c 6 art 1 s 16

Global intangible low-taxed income, subtractions from income, Minn. Laws 2019 1Sp c 6 art 1 s 30

Miscellaneous deductions, Minn. Laws 2019 1Sp c 6 art 1 s 16

Personal casualty losses, itemized deductions, Minn. Laws 2019 1Sp c 6 art 1 s 16

Special limited adjustment, deductions, Minn. Laws 2019 1Sp c 6 art 1 s 61

Trusts, additions to income, federal special deductions, Minn. Laws 2019 1Sp c 6 art 1 s 23

Tuition savings plans, distributions, additions to income, Minn. Laws 2019 1Sp c 6 art 1 s 20

Unitary businesses, net income, determination, Minn. Laws 2019 1Sp c 6 art 2 s 20

Working family credit

Appropriations for, repeal, Minn. Laws 2019 1Sp c 6 art 2 s 8

Generally, Minn. Laws 2019 1Sp c 6 art 1 s 39, 2019 1Sp c 6 art 2 s 17