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The documents show Minnesota income tax rates and tax brackets for each year since 1933. Tax Rates for Married Filing Joint; Tax Rates for Single Person Filers; For more information, see what to keep in mind when comparing tax rates and brackets.
These tables outline Minnesota’s tax rates and brackets for tax year 2024. If you pay estimated taxes, use this information to plan and pay taxes beginning in April 2024. (Review a full list of inflation adjustments for tax year 2024.)
Minnesota Income Tax Brackets are adjusted annually to keep pace with inflation. The state has four income tax brackets and one estate tax bracket. It also levys a sales tax of 6.875 percent and allows local governments to add their own rates, which can be as high as 2.15 percent.
You can quickly estimate your Minnesota State Tax and Federal Tax by selecting the tax year, your filing status, Gross Income and Gross Expenses, this is a great way to compare salaries in Minnesota and for quickly estimating your tax commitments in 2024.
Minnesota‘s tax system ranks 44th overall on the 2025 State Tax Competitiveness Index. Minnesota ranks relatively uncompetitively on the Index and is held back by its graduated state individual income tax with a top rate of 9.85 percent, among the highest in the country.
Choose a specific income tax year to see the Minnesota income tax rates and personal allowances used in the associated income tax calculator for the same tax year. Discover the latest Minnesota tax tables, including tax rates and income thresholds. Stay informed about tax regulations and calculations in Minnesota.
Minnesota has a graduated state individual income tax, with rates ranging from 5.35 percent to 9.85 percent. Minnesota has a 9.8 percent corporate income tax rate. Minnesota also has a 6.875 percent state sales tax rate and an average combined state and local sales tax rate of 8.04 percent.
