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Heads up to ProSeries programmer...pending MN legislation

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Heads up to ProSeries programmer...pending MN legislation

NW-MN-CPA

For 2020, under current law MN taxes PPP and federal portion of unemployment.  There is discussion they may decide to not tax PPP or the federal portion of unemployment.

Status: New
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1 Comment
TaxGuyBill
Level 15

A "discussion" means nothing.

Even if they decide to act on it, the programmers can't really do anything until the law is actually passed.

And based on previous years, if MN retroactively changes they tax law, in most cases they will automatically change/correct already-filed tax returns.

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