Testing first blog post
This could contain information about some new feature within TaxSlayer that might be helpful to the wider MN TaxSlayer community....
Another Blog Post for Dave
I am just creating a new blog post so that we have more than one on the main page. Dave and Larry can see the posts, try creating new posts, or commenting on the existing posts.
Just trying to post a comment to see how this all looks... I'm using my kevin@suttersweb.com id instead of my kevin.sutter@semntaxes.org id....
ReplyDeleteResponse to test post.
DeleteOK let the games begin.
DeleteNew Post
ReplyDeleteTo locate most recent Mn DoR PERA guidelines:
Deletehttps://www.revenue.state.mn.us/public-pension-subtraction
Click on the final link on that DoR page (The 'receiving SS' link) to see the dates on which each variety of PERA for Mn public employees made the transition from Basic Plan (ie. no SS withheld) to Coordinated plan (ie. SS thereafter was withheld).
DeleteWhile a few Public Service professions in Mn never made the switch, most taxpayers we encounter will have a portion of their careers under the Basic plan and the rest under the Coordinated plan. The proper approach is to determine the number of months the TP worked under each plan and then multiply their taxable pension amount by the ratio: Basic_months/Total_months.
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