MSBA at the Capitol — Tax bill passed by House has impact on educator classroom expenses

MSBA at the Capitol — Tax bill passed by House has impact on educator classroom expenses

The Minnesota House of Representatives passed a tax bill (HF6) Thursday, January 15, that would match Minnesota’s tax code with some recent federal changes.
Education-related provisions of the bill include an educator classroom expenses deduction ($1.2 million in fiscal year 2015; about 60,000 returns, $20 average tax decrease) and a higher education tuition deduction ($2.1 million in fiscal year 2015; about 9,000 returns; $70 average tax decrease).
Visit www.house.leg.state.mn.us/hrd/bs/89/HF0006.pdf for a House Research Summary of HF6.

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