Minnesota Income Tax Calculator 2026

How the four Minnesota brackets apply

Minnesota taxes income at 5.35%, 6.8%, 7.85% and 9.85%. The 6.8% rate starts just above $33,310 of taxable income for single filers and $48,700 for married couples, so most full-time workers have income in the second bracket.

Taxable income is federal taxable income adjusted for Minnesota: the Minnesota standard deduction ($15,300 single, $30,600 joint), plus $2,000 extra for single filers 65 or older or blind ($1,600 per qualifying spouse), and $5,300 per dependent. Both the standard deduction and itemized deductions start to be limited above $244,400 of AGI in 2026, and dependent exemptions are phased out for high incomes.

Worked example: two earners, two children, $150,000

A married couple filing jointly with $150,000 of wages and two children subtracts the $30,600 standard deduction and two $5,300 dependent exemptions, leaving $108,800 of taxable income. The first $48,700 is taxed at 5.35% and the rest at 6.8%, for $6,692 of Minnesota tax, about 4.46% of gross income. At this income the family is above the phase-out range for the Minnesota Child Tax Credit.

Social Security and pensions

Minnesota is one of the few states that can tax Social Security, but most retirees owe little or nothing on it because of a subtraction. For tax year 2026 the simplified Social Security subtraction removes all federally taxable benefits until income passes $86,410 (single or head of household) or $110,780 (married filing jointly), and then phases out.

A separate public pension subtraction allows up to $13,850 (single) or $27,690 (joint) of qualifying public pension income to be subtracted, with the same phase-out thresholds. Private pensions and IRA withdrawals are otherwise taxed at regular rates.

Credits for families and renters

Minnesota’s refundable credits are large compared with most states.

• Child Tax Credit and Working Family Credit: combined, with phase-out starting at $38,770 for joint filers and $32,680 for others in 2026. The Working Family Credit adds up to $1,020 for one older qualifying child and $2,770 for three or more.
• K-12 Education Credit for school expenses, phasing out above $77,550 of household income.
• Renter’s Credit, claimed on the income tax return, worth up to $2,780 for the lowest-income renters in tax year 2026.
• Dependent Care Credit, phasing out above $65,610.

Filing Form M1

The 2026 Form M1 is due April 15, 2027. Part-year residents and nonresidents complete Schedule M1NR to tax only Minnesota-source income and income received while a resident. Michigan and North Dakota residents with only Minnesota wages generally file only to recover Minnesota tax withheld in error.