Minnesota DOR Publishes Information on 2026 Tax Bill with Property Tax Relief, PTE Extension, Federal Conformity Updates

The Minnesota Department of Revenue (DOR) published information announcing changes to the state tax code made by the 2026 Tax Bill. The major changes include increasing the state property tax refund for homeowners for tax year 2025, extending the Pass-Through Entity Tax for two years through tax year 2027, and aligning Minnesota with most federal tax provisions as of May 1, 2026. The DOR indicated it is reviewing the statutory changes and will issue further implementation guidance. [Minn. Dep’t of Revenue, Tax Law Changes, 05/27/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.