Social Security benefits for veterans and surviving spouses provided a full subtraction.

HF 1015 amends Minnesota tax law to allow veterans and surviving spouses of veterans to subtract their full Social Security benefits from taxable income, without the standard phaseout limits that apply to other taxpayers. This directly affects veterans and surviving spouses (as defined in Minnesota law) who receive Social Security benefits. The bill removes the usual income thresholds (like $100,000 for joint filers) that would otherwise reduce the subtraction amount for most taxpayers. The change takes effect for taxable years beginning after December 31, 2024.