MN Frontline Worker deduction'

Forum|Forum|3 years ago
February 1, 2023
3 replies
22 views

Frontline Worker pay must be included in the Federal Tax for 1040 Transfer to State of MN and this should not be income for MN How do I deduct this amount from the Federal AJI????

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IRonMaN

Level 15

M1M line 29

Slava Ukraini!

BobKamman

Level 15

Arguments are now open for whether these $487.45 payments are taxable on Form 1040.

"If you received a frontline worker payment in 2022, Minnesota will not send you a federal Form 1099 to report the payment because the amount was less than $600.

According to the Minnesota Department of Revenue, Minnesota does not tax this payment on your 2022 state income tax return (Form M1, Individual Income Tax). You may subtract any amount of the Frontline Worker Payment you included in federal adjusted gross income on your 2022 Schedule M1M, Income Additions and Subtractions.

For questions about where to include this income on your federal income tax return, consult the instructions for the federal Form 1040. Contact the Department of Revenue at 651-556-3000 or 800-657-3666."

sjrcpa

Level 15

Everyone knows income is only taxable if you get a 1099. 😃

The more I know the more I don’t know.

BobKamman

Level 15

ARTICLE 2

FRONTLINE WORKER PAYMENTS

Section 1. FRONTLINE WORKER PAYMENTS; PUBLIC PURPOSE.

This article is intended to provide payments to frontline workers whose work put them
at risk of contracting COVID-19 during the peacetime emergency declared by the governor
in Executive Order 20-01. The legislature finds that payments under this section specifically,
and under the premium pay provisions of the American Rescue Plan Act of 2021 generally,
have a public purpose and benefit the people of Minnesota by:

(1) responding to the extraordinary circumstances of the COVID-19 pandemic which
resulted in the peacetime emergency; and

(2) compensating workers for working in conditions that, in many cases, exceeded what
was originally contemplated in their employment agreement to ensure our state was able to
continue functioning during the pandemic.

https://www.revisor.mn.gov/bills/text.php?number=SF2677&version=3&session=ls92&session_year=2022&session_number=0

ARTICLE 2

FRONTLINE WORKER PAYMENTS

Section 1. FRONTLINE WORKER PAYMENTS; PUBLIC PURPOSE.

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