Minnesota Paycheck Calculator

Calculate your take home pay after federal & Minnesota taxes

Last updated on Aug 24 2021

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Minnesota state income tax

The Land of 10,000 Lakes has a population of under 6 million (2020) with most living in the twin cities of Minneapolis and Saint Paul. The median household income is $68,388 (2017) and it is one of the richest states in the USA.

Brief summary:

  • the income tax rate ranges from 5.35% to 9.85%
  • nope of the cities has a local income tax
  • no state payroll taxes
  • has standard deduction and exemption (if you have dependents)
  • has a state-level Child Tax Credit for each dependent
Minnesota state

Minnesota fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.

Follow the steps below to calculate your take home pay after state income tax:

  1. figure out your filing status
  2. work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
  3. calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
  4. understand your tax liability [Taxable income × Tax rate = Tax liability]
  5. determine whether your tax liability is more than your tax credits and withheld
    • Tax liability – (Credits + Withheld) = What you owe or
    • (Credits + Withheld) – Tax liability = Tax refunds

State payroll tax

There are no state payroll insurance taxes in Minnesota.

Income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

Fiscal year Filing status Taxable income Rate
2021 Single $0 – $27,230 5.35%
$27,230 – $89,440 6.80%
$89,440 – $166,040 7.85%
$166,040+ 9.85%
Married, Filing Jointly or Widow(er) $0 – $39,810 5.35%
$39,810 – $158,140 6.80%
$158,140 – $276,200 7.85%
$276,200+ 9.85%
Married, Filing Separately $0 – $19,905 5.35%
$19,905 – $79,070 6.80%
$79,070 – $138,100 7.85%
$138,100+ 9.85%
Head of Household $0 – $33,520 5.35%
$33,520 – $134,700 6.80%
$134,700 – $220,730 7.85%
$220,730+ 9.85%
2020 Single $0 – $26,520 5.35%
$26,520 – $87,110 6.80%
$87,110 – $161,720 7.85%
$161,720+ 9.85%
Married, Filing Jointly or Widow(er) $0 – $38,770 5.35%
$38,770 – $154,020 6.80%
$154,020 – $269,010 7.85%
$269,010+ 9.85%
Married, Filing Separately $0 – $19,385 5.35%
$19,385 – $77,010 6.80%
$77,010 – $134,505 7.85%
$134,505+ 9.85%
Head of Household $0 – $32,650 5.35%
$32,650 – $131,190 6.80%
$131,190 – $214,980 7.85%
$214,980+ 9.85%

Deductions

The state-level standard deduction is tied to the federal standard deduction. For more information, refer to Tax Foundation.

Fiscal year Filing status Standard deduction amount
2021 Single
Married, Filing Separately
$12,525
Married, Filing Jointly or Widow(er) $25,050
Head of Household $18,800
2020 Single
Married, Filing Separately
$12,200
Married, Filing Jointly or Widow(er) $24,400
Head of Household $18,350

Exemptions

You can only claim dependents as exemptions in Minnesota. Refer to Tax Foundation for more details.

Fiscal year Filing status Personal exemption amount
2021 Dependent(s) $4,350
2020 Dependent(s) $4,250

Earned Income Tax Credit (EITC)

Minnesota only has state-level EITC for those with dependents. Refer to TCWF for more information.

Fiscal year Filing status Percentage of Federal EITC
2021
2020
Dependent(s) 34%

Child Tax Credit (CTC)

Minnesota doesn’t have a Child Tax Credit.

FAQs

What taxes do Minnesotan pay?

Minnesotans only need to pay the progressive state income tax. No local income tax or state-level payroll tax. There is a standard deduction.

How much do you make after taxes in Minnesota?

The post-tax take home pay of a single Minnesotan who earns $69,000 per annual is $52,108.53.
Married filers with a combined annual income of $138,000 will take home $104,004.64 after taxes.