Tax change could save Minnesotans more money - KSFY News - Sioux Falls, SD News, Weather, Sports

Tax change could save Minnesotans more money

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 The Legislature has sent Gov. Mark Dayton a bill that will allow about 250,000 Minnesota taxpayers to claim new federal tax deductions on their state releases as well.
 
The House gave the legislation final approval Monday. Some Republicans objected to several changes made by the Senate from an earlier House bill.
 
Among those eligible for deductions are teachers who can claim education expenses, homeowners who take itemized deductions for their mortgage insurance premiums, and college students or parents using higher education tuition deductions.
 
Dayton has said he would sign the bill.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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