Minnesota

2025 Tax Guide

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State income tax rates (2025)

Single Filers

Up to $32,2095.35%
$32,210 - $106,5396.8%
$106,540 - $193,2397.85%
$193,240+9.85%

Married Filing Jointly

Up to $46,5695.35%
$46,570 - $194,7196.8%
$194,720 - $321,9697.85%
$321,970+9.85%
State capital gains tax rates (2025)

Capital gains are taxed at the same rates as ordinary income.

Deductions/exemptions (2025)
Single:$14,600
Married Filing Jointly:$29,200
Dependent Exemption:$5,300
Notes
  • Social Security benefits fully exempt

Last updated: August 25, 2025

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