When the new legislative session begins in January, Minnesota State Senator Jeremy Miller (R-Winona) will introduce a bill to fully eliminate the state’s income tax on Social Security benefits. Minnesota is 1 of only 12 states that still tax Social Security benefits and Miller believes it is long overdue for seniors to get this much-deserved relief.
Miller has been working to eliminate this tax for several years. During the 2022 legislative session, under Miller’s leadership, the Senate passed a bipartisan tax bill that included the full elimination of the Social Security income tax. Unfortunately, it was not supported by House leadership or the governor.
“The state of Minnesota has a staggering $17 billion budget surplus, but many Minnesotans are still under the pressure of soaring inflation. Senior citizens – many of whom are on fixed incomes – are especially feeling the strain,” Miller said. “We are 1 of only 12 remaining states that still tax Social Security benefits. With a massive budget surplus, the legislature has the ability to pass a tax bill early in the 2023 legislative session to provide much-deserved relief to Minnesotans, including the full elimination of state income taxes on Social Security benefits.”
Facts about Social Security income taxes:
- Minnesota is one of only 12 states that tax Social Security benefits.
- Kiplinger Magazine notes that Minnesota is “not tax-friendly” for retirees.
- None of the states that border us — Iowa, Wisconsin, Michigan, and South Dakota — tax Social Security benefits.