2021 Minnesota Tax Brackets

Click here for 2020 s tax brackets.
2021 minnesota tax brackets. View a full list of inflation adjustments for tax year 2021. Compare your take home after tax and estimate your tax return online great for single filers married filing jointly head of household. Minnesota has four marginal tax brackets ranging from 5 35 the lowest minnesota tax bracket to 9 85 the highest minnesota tax bracket.
In minnesota different tax. Minnesota state income tax rate table for the 2020 2021 filing season has four income tax brackets with mn tax rates of 5 35 6 80 7 85 and 9 85 for single married filing jointly married filing separately and head of household statuses. For tax year 2021 the state s individual income tax brackets will change by 1 001 percent from tax year 2020.
The minnesota department of revenue announced the adjusted 2021 individual income tax brackets. For 2021 the top tax rate of 37 will apply to individual taxpayers with income over 523 600 628 300 for married filing jointly. 2021 minnesota tax tables with 2021 federal income tax rates medicare rate fica and supporting tax and withholdings calculator.
This annual adjustment will prevent taxpayers. Paul the minnesota department of revenue announced the adjusted 2021 individual income tax brackets. Each marginal rate only applies to earnings within the applicable marginal tax bracket.
This annual adjustment will prevent taxpayers from paying taxes at a higher. Paul the minnesota department of revenue announced the adjusted 2021 individual income tax brackets. These tables outline minnesota s tax rates and brackets for tax year 2021.
This annual adjustment will prevent. Kpe personal exemption amounts as part of the tcja there are no personal exemption. Here s a first look at 2021 tax brackets and rates standard deductions and other cost of living adjustments.