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If you pay estimated taxes you may use this information to plan and pay taxes beginning in april 2020.
Income tax brackets 2020 mn. These tables outline minnesota s tax rates and brackets for tax year 2020. Income tax tables and other tax information is sourced from the minnesota department of revenue. For tax year 2020. This page has the latest minnesota brackets and tax rates plus a minnesota income tax calculator.
For tax year 2020 the state s individual income tax brackets will change by 1 657 percent from tax year 2019. This annual adjustment will prevent taxpayers from paying taxes at a higher rate solely because of inflationary changes in their income. The minnesota department of revenue announced the adjusted 2020 individual income tax brackets.
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