abc
QUICK LINKS:

Minnesota Extends New Tax Reciprocity Offer

Updated: 06/20/2014 10:25 AM
Created: 06/20/2014 10:24 AM WDIO.com

ST. PAUL, Minn. (AP) - Minnesota has extended a new offer to Wisconsin on income tax reciprocity.

An agreement would simplify income taxes for those who live in one state and work in the other. Minnesota officials have offered to lower Wisconsin's annual payment by $1 million if the state approves the agreement by Sept. 30.

The Star Tribune says some 80,000 residents who live in one state and work in the other have had to file income taxes in both states since the 40-year-old deal between the two states lapsed in 2009.

Minnesota says Wisconsin owes it about $92 million a year because many more Wisconsinites work in Minnesota than the other way around. That's $4 million to $6 million more than Wisconsin officials think the state should pay. Wisconsin revenue officials so far have rebuffed the offer.

___

Information from: Star Tribune

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Front Page

  • Wis. Wolf on Dog Attacks Increase

    Wildlife experts say wolves have killed or seriously injured six dogs in Wisconsin this month.

  • Walker Proposes New Freedoms, 13 Pct. Cut to UW System

    Gov. Scott Walker is proposing a 13 percent cut in state funding for the University of Wisconsin System, at the same time he wants to give all campuses more freedom from state laws.

  • 1 Injured in Beltrami Co. House Explosion

    The Beltrami County Sheriff's Office posted a report of a house explosion on their Facebook page on Monday night. The Sheriff's office says they received multiple 911 calls regarding an explosion in southwestern Beltrami County at 5:35 p.m. Callers said they could also feel a force strong enough to dislodge pictures from walls and rattle windows. 

  • Pilot Safely Rescued after Ditching Cirrus Plane in Sea

    The pilot of a small plane ditched into the sea after running out of fuel 250 miles off Hawaii, but he was safely rescued after officials guided the stricken craft to the area of a cruise ship.

  • 'Option C' Architects Recommend Complete Rebuild of Duluth Public Library

    MSR's report recommends building a completely new facility of roughly the same size at the existing library site. The report estimates the project, known as 'Option C,' will cost $34.7 million. The report says that the overwhelming majority of public responses favored that option. 63 percent voiced support for Option C, while none of the other three options received more than 16 percent.

 
Advertisement