ND HB1516

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

Modifies the income tax exclusion for social security benefits by allowing taxpayers with federal adjusted gross income of $50,000 or less (or $100,000 or less if married filing jointly) to reduce their income by the amount of social security benefits included in federal adjusted gross income.

Effective for taxable years beginning after December 31, 2020.