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Minnesota Individual Income Tax Brackets
Minnesota?s income tax brackets are recalculated each year based on the rate of inflation. The indexed brackets are adjusted by the inflation factor and the results are rounded to the nearest $10. (See?Minnesota Statute 290.06.)
See income tax rates and brackets for tax years 2017 through 2023 on our website.
Standard Deduction and Dependent Exemption Amounts
For clients who take the standard deduction, here are the amounts for tax years 2022 and 2023. While the IRS does not offer exemptions, Minnesota allows them for qualified dependents.
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Filing Status
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2022
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2023
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IRS
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MN
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IRS
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MN
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Single
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?$12,950
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$12,900
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?$13,850
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$13,825? ? ? ? ??
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Married Filing Jointly or Qualifying Widow(er)
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?$25,900? ??
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$25,800? ? ? ? ??
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?$27,700??
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$27,650
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Married Filing Separately
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?$12,950
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$12,900
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?$13,850
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$13,825
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Head of Household
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?$19,400
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$19,400
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?$20,800
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$20,800
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?
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?
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?
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?
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?
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Dependent exemption amount per dependent
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$0 (Not applicable)
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$4,450
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$0 (Not applicable)
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$4,800
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The IRS and Minnesota standard deduction amounts will differ again this filing season.
Find more information on our website, including standard deductions for those who are blind or are 65 and over and dependent exemption income limits.
Questions?
Contact us.
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