What is the % of State tax in Minnesota state on salary?

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What is the % of State tax in Minnesota state on salary?

2007-09-06 14:56:28 · 2 answers · asked by Bob 1 in Business & Finance ➔ Taxes ➔ United States

2 answers

Minnesota has three tax brackets:

5.35%
7.05%
7.85%

It is a graduated system similar to the feds. Most people are in the 7.05% bracket but it is pretty easy to get up in to the upper bracket. Single Taxpayers hit the highest bracket at just under $70k in taxable income.

2007-09-06 15:04:20 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋

Minnesota state income tax brackets are 5.35%, 7.05%, and 7.35%.

2007-09-06 15:05:19 · answer #2 · answered by Anonymous · 0⤊ 0⤋