Minnesota Income Tax Guide for 2026
Overview
Minnesota uses a progressive income tax system with rates ranging from 5.35% to 9.85%. Capital gains are taxed as ordinary income. The state offers a standard deduction of $15,300 for single filers and dependent exemptions of $5,300.
Income Tax Rates
Single Filers
| Income Range | Tax Rate |
|---|---|
| Up to $33,309 | 5.35% |
| $33,310 - $109,429 | 6.8% |
| $109,430 - $203,149 | 7.85% |
| $203,150+ | 9.85% |
Married Filing Jointly
| Income Range | Tax Rate |
|---|---|
| Up to $48,699 | 5.35% |
| $48,700 - $193,479 | 6.8% |
| $193,480 - $337,929 | 7.85% |
| $337,930+ | 9.85% |
Capital Gains Tax
Capital gains are taxed at the same rates as ordinary income.
Deductions & Exemptions
| Type | Amount |
|---|---|
| Standard Deduction (Single) | $15,300 |
| Standard Deduction (Married Filing Jointly) | $30,600 |
| Dependent Exemption | $5,300 |
Additional Information
- Social Security benefits fully exempt
- Brackets, standard deduction and dependent exemption indexed for inflation (2.369% for 2026); Minnesota uses its own standard deduction, not the federal amount
Charts
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Sources
The 2026 figures for Minnesota on this page were compiled from the following official government publications:
- Minnesota income tax brackets, standard deduction and dependent exemption amounts for tax year 2026 (Minnesota Department of Revenue press release, Dec. 16, 2025)
- Tax Year 2026 Inflation-Adjusted Amounts in Minnesota Statutes (Minnesota Department of Revenue, Tax Research Division)
- Income Tax Rates and Brackets (Minnesota Department of Revenue)
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Start comparingLast updated: September 15, 2026
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