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Minnesota State Tax Help and Forms (Subscribe)

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Minnesota tax help, forms and answers to thousands of Minnesota tax questions. Handy summary of all Minnesota taxes, including corporate and individual Minnesota income taxes, credits, exemptions, deductions and more. Includes Minnesota estate, gift and inheritance tax, miscellaneous Minnesota taxes, pass-through entity treatment, payroll taxes, property taxes and Minnesota sales & use taxes.

Minnesota ranks #43 on the State Business Tax Climate Index (

Minnesota State Tax Summary (TaxGrams ™)
Corporate Taxes
   Rates & Brackets:
      9.8%> $0
   Loss Carry-back/fwd: 0 Years Back / 15 Years Forward (Unlimited)
   Throwback Sales?: N
   Foreign Tax Deductible?: N
   Alternative Minimum Tax (AMT): Y
   Gross Receipts Tax: 0.98%
   Capital Stock (Net Worth) Tax?: N

Credits and Incentives
   Job Credits?: Y
   R&D Credits?: Y
   Investment Credits?: N

Individual Taxes
   Rates & Brackets:
      5.35%> $0
      4%> $5,000
      5%> $10,000
   Local Option IT Rate: None
   Federal Inc used as Base?: Y
   Standard Deductions: Single $5,450 / Joint $10,900
   Personal Exemptions/Credits (c): Single $3,500 / Joint $7,000 / Dependent $3,500
   Federal Tax Deductible?: N
   State Tax Deductible?: Y
   Alternative Minimum Tax (AMT)?: Y

Inheritance, Gift, Estate, Death Taxes
   Gift Tax?: N
   Estate Tax?: Copies Federal
   Inheritance Tax?: N
   Generation-Skipping Tax?: N

Miscellaneous Taxes
   Gas Tax: 22.0 cents/gallon
   Diesel Tax: 22.0 cents/gallon
   Cigarette Tax: 150.4 cents/20 pack

Pass-through Entities
   LLC Pass-through Recognized?: Y
   S-Corp Pass-through Recognized?: Y

Payroll Taxes
   Unemployment Insurance Tax Index ( #38

Property Taxes
   Median Tax Paid on Homes (Rank): $2,019 (#19)
   Median Value of Homes: $213,800
   Tax as % of Home Value (Rank): 0.94% (#22)
   Median Income of Homeowner: $69,515
   Tax as % of Income (Rank): 2.90% (#21)

Sales and Use Taxes
   State Rate: 6.88%
   County & City (Weighted Ave): 0.34%
   Combined State and Ave. Local Rates (Rank): 7.22% (#14)
   General Treatment of Services: Many Taxable
   Gas Exemption: Exempt
   Grocery Exemption: Exempt



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Minnesota: Voluntary Disclosure

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After you receive a "Bill for Taxes Due" (Form 168, Intent to Assess) or "Final Bill for Taxes Due" (Form 169, Final Assessment) the Department of Treasury may consider an Installment Agreement if your situation meets certain criteria.

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