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1. • • Minnesota has a graduated rate income tax. It starts at 5.35 percent for lower-income residents, increasing gradually to 9.85 percent.
     states.aarp.org › minnesota › state-taxes-guide

     Minnesota Tax Guide: What You’ll Pay in 2024 - AARP States

2. www.revenue.state.mn.us › minnesota-income-taxIncome Tax Rates and Brackets | Minnesota Department of Revenue

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   Find the current and historical income tax rates and brackets for Minnesota residents and nonresidents. The rates and brackets are adjusted annually based on the rate of inflation and the law.

3. People also ask

   What is the state sales tax rate in Minnesota?

   • The Minnesota state sales tax rate is 6.88%, and the average MN sales tax after local surtaxes is 7.2% . Counties and cities in Minnesota are allowed to charge an additional local sales tax on top of the Minnesota state sales tax (as well as tax specific items) with special government permission.

   Minnesota Sales Tax Rate - 2022

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   What are the income tax brackets in Minnesota?

   • Under state law, Minnesota’s income tax brackets are recalculated each year based on the rate of inflation. The indexed brackets are adjusted by the inflation factor and the results are rounded to the nearest $10.

   Income Tax Rates and Brackets | Minnesota Department of Revenue

   www.revenue.state.mn.us/minnesota-income-tax-rates-and-brackets

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   What items are exempt from the Minnesota state sales tax?

   • Minnesota doesn't collect sales tax on purchases of most prescription drugs, clothing and groceries. Prepared Food is subject to special sales tax rates under Minnesota law. In most states, necessities such as groceries, clothes, and drugs are exempted from the sales tax or charged at a lower sales tax rate.

   Minnesota Sales Tax Rate - 2022

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   What is the Minnesota state tax rate for single filers?

   • The state sales tax rate in Minnesota is 6.875%. With local taxes, the total sales tax rate is between 6.875% and 8.875%. Minnesota has recent rate changes (Thu Apr 01 2021).

   Minnesota (MN) Sales Tax Rates by City - Sale-tax.com

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4. www.revenue.state.mn.us › press-release › 2022/11/29Minnesota income tax brackets, standard deduction and ...

   www.revenue.state.mn.us › press-release › 2022/11/29

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   Nov 29, 2022 · The Minnesota Department of Revenue provides the inflation-adjusted income tax brackets and rates for tax year 2023. The state's individual income tax brackets will change by 7.081 percent from tax year 2022.

5. taxfoundation.org › location › minnesotaMinnesota Tax Rates & Rankings | Minnesota Taxes

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   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.

6. www.tax-brackets.org › minnesotataxtableMinnesota Income Tax Brackets 2024

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   Find out the Minnesota income tax rates and brackets for tax year 2023, as well as deductions, forms, and calculator. Compare the Minnesota tax brackets with the Federal tax brackets and learn how to file your Minnesota tax return online.

7. states.aarp.org › minnesota › state-taxes-guideMinnesota Tax Guide: What You’ll Pay in 2024 - AARP States

   states.aarp.org › minnesota › state-taxes-guide

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   Mar 5, 2024 · The big picture: Income tax: 5.35–9.85 percent. Minnesota has a graduated rate income tax. It starts at 5.35 percent for lower-income residents, increasing gradually to 9.85 percent. Property tax: 1.11 percent of a home’s assessed value (average) Real estate taxes vary, depending where you live.

8. www.forbes.com › income-tax-calculator › minnesotaMinnesota Tax Calculator 2023-2024: Estimate Your Taxes ...

   www.forbes.com › income-tax-calculator › minnesota

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   Estimate your Minnesota state taxes for the 2023-2024 tax year with this online calculator. See the state tax brackets, rates, deductions and credits for different filing statuses.

9. www.tax-rates.org › minnesota › income-taxMinnesota Income Tax Rates for 2024

   www.tax-rates.org › minnesota › income-tax

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   Find out the Minnesota income tax brackets, rates, deductions, credits, and forms for tax year 2024. Compare Minnesota's income tax with other states and use the free calculator to estimate your tax liability.