ARTICLE 1: FEDERAL RESPONSE .mn.us

Amends Minn. Stat. § 290.0131, to add subd. 15, which is an addition to net income for any gain realized on a 529 plan, if the distribution is made and not used to pay qualified higher education expenses. ... specifically not to include K-12 tuition expenses, which the federal government now allows. Effective retroactively for taxable years ... ................
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