ST. PAUL, Minn. (AP) — Retired veterans living in Minnesota are getting a big break on this year’s taxes.
That’s because Minnesota’s Legislature approved a measure last year that exempted military pension payments from the state income tax. Department of Veterans Affairs Commissioner General Larry Shellito and a key Republican lawmaker held a news conference Wednesday to remind veterans about the new benefit.READ MORE: Mayor Frey Speaks With North Minneapolis Community Members Saying They're Fed Up With Recent Surge Of Gun Violence
Rep. Bob Dettmer helped pass the tax break last year after more than a decade of efforts. Dettmer says it should save the state’s 19,000 retired veterans a total of $23 million this year.
[graphiq id=”1dhZuQ7BmoR” title=”Veteran Population in The United States” width=”600″ height=”464″ url=”https://sw.graphiq.com/w/1dhZuQ7BmoR” frozen=”true”]READ MORE: Minnesota Can Move Forward With 'Clean Car' Rules, Judge Says
Retired veterans must file a special form with their taxes to claim the benefit. The deadline for filing taxes is Tuesday.
Shellito says he hopes the tax help makes Minnesota even friendlier for retiring veterans.MORE NEWS: George Floyd's Family: Federal Indictment For Four Ex-MPD Officers 'Gives Us Hope'
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