Income Tax Brackets 2024 Mn. The minnesota standard deduction for the 2023 tax year (filed in 2024) is $13,825 for single filers. This annual adjustment will prevent taxpayers from paying taxes.

Minnesota has a progressive state income tax system with four tax brackets (5.35%, 6.8%, 7.85%, and 9.85%) for the 2024 tax year. These tables outline minnesota’s tax rates and brackets for tax year 2024.