ND HB1237

Amends the definition of "qualifying income" for marriage penalty credit purposes to include social security benefits as defined in Internal Revenue Code section 86(d)(1), to the extent included in North Dakota taxable income.

Modifies the marriage penalty credit calculation by including social security benefits in the "qualifying income of the lesser-earning spouse" definition.

Expands the income tax exclusion for social security benefits to apply to taxpayers with federal adjusted gross income of $50,000 or less, or $100,000 or less if married filing jointly, by excluding social security benefits included in federal adjusted gross income under IRC section 86.

Effective for taxable years beginning after December 31, 2020.