9/16/2016 8:00:00 AM
Beginning in tax year 2016, taxpayers who receive certain types of military retirement pay (including pensions) may subtract that retirement pay from their taxable income. The tax exemption on military retirement pay is effective after December 31, 2015.
You qualify for this subtraction if your military retirement pay is:
For more information regarding this new law, visit the Minnesota Department of Revenue's Military Pension page. You can find information on military tax benefits on their Members of the Military page.