Minnesota State Income Tax Rates 2024. When income taxes are due varies among the states that collect them. The income tax rate is supposed to drop 0.1% a year until reaching 4.99%, if state revenues hold up.
If you pay estimated taxes, use this information to plan and pay taxes beginning in april 2024. Compare relative tax rates across the u.s.
Compare Relative Tax Rates Across The U.s.
Max rate of 9.85% on taxable income over $183,340 for single filers ($304,970 for joint filers).
See States With No Income Tax And Compare Income Tax By State.
Explore the latest 2024 state income tax rates and brackets.
Marginal Tax Rate 22% Effective Tax Rate 10.94% Federal Income Tax $7,660.
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Minnesota's 2024 Income Tax Ranges From 5.35% To 9.85%.
These tables outline minnesota’s tax rates and brackets for tax year 2024.
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The top rate drops to 5.84% for 2024,.
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