Friday, January 2, 2015

Income tax filing season opens January 20, 2015



St. PaulThe Minnesota Department of Revenue announced that it will open state income tax filing season on January 20, 2015.  For the benefit and convenience of Minnesota taxpayers, Minnesota will open on the same day as the Internal Revenue Service.

With recent Congressional action extending several tax benefits for Minnesota teachers, college students, homeowners, and small businesses, the department is asking state lawmakers to take swift action to pass legislation conforming Minnesota’s tax codes to the updated federal provisions by January 20, 2015. 

“Taking action by January 20 will ensure that Minnesota’s families and businesses can take advantage of these benefits and produce a smooth opening to filing season for everyone,” said Revenue Commissioner Myron Frans. “If we do not conform quickly, Minnesotans may need to pay millions more in taxes and file additional forms with this year’s taxes.”