Minnesota Tax Rate 2024. How does minnesota’s tax code compare? Minnesota has a graduated individual income tax, with rates ranging from 5.35 percent to.
Deduct the amount of tax paid from the tax calculation to provide an example of your 2024/25 tax refund. Minnesota’s 2024 income tax ranges from 5.35% to 9.85%.
Calculated Using The Minnesota State Tax Tables And Allowances For 2024 By Selecting Your Filing Status And Entering Your Income For.
If you make $70,000 a year living in minnesota you will be taxed $11,136.
Minnesota Tax Rates, Collections, And Burdens.
For tax year 2024, the state’s individual income tax.
The Next Portion From $104,090 To $193,240 Is Taxed At 7.85% ($6,998) Finally, The Remaining From $193,240 To $350,000 Is Taxed At 9.85% ($15,441) Adding.
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For Married Couples, The Standard Deduction Is $27,650 Total If Filing Jointly And $13,825 (Each) If Filing.
Deduct the amount of tax paid from the tax calculation to provide an example of your 2024/25 tax refund.
838 Rows 2024 List Of Minnesota Local Sales Tax Rates.
The minnesota state tax calculator is updated to include:
