Minnesota sales tax details The Minnesota (MN) state sales tax rate is currently 6.875%. Depending on local municipalities, the total tax rate can be as high as 8.375%.
What is the sales tax in Minnesota?
To figure the sales tax rate, combine the state general tax rate ( 6.875 percent ) and all applicable local tax rates (local taxes, special local taxes, and special taxes). Apply the total rate to the taxable sales price. Rate charts are available at various percentages. See Rate Charts.
What is the Minnesota tax rate for 2020?
Minnesota state income tax rate table for the 2020 – 2021 filing season has four income tax brackets with MN tax rates of 5.35%, 6.80%, 7.85% and 9.85% for Single, Married Filing Jointly, Married Filing Separately, and Head of Household statuses.
What is the MN sales tax rate 2021?
2021 List of Minnesota Local Sales Tax Rates. Minnesota has state sales tax of 6.875%, and allows local governments to collect a local option sales tax of up to 1.5%. There are a total of 407 local tax jurisdictions across the state, collecting an average local tax of 0.422%.
Are groceries taxed in MN?
In the state of Minnesota, any tax which applies to the entire charge is considered to be taxable. Sales of grocery food are exempt from the sales tax in Minnesota.
Is Minnesota a high tax state?
Minnesota had the sixth highest income taxes among the states, 10th highest corporate taxes, 26th highest property taxes and 30th highest sales taxes. Overall, Minnesota’s total state and local revenues are 5.2 percent above the national average, placing it 22nd in the nation.
Which states have no income tax?
Only seven states have no personal income tax:
- Wyoming.
- Washington.
- Texas.
- South Dakota.
- Nevada.
- Florida.
- Alaska.
What city in Minnesota has the highest taxes?
The combined state and local sales tax rates in Minnesota range between 6.875 and 7.875 percent. The city of Duluth and Cook County have the highest combined rate at 7.875 percent. The city of Minneapolis has a combined rate of 7.775 percent while the rate in the city of St. Paul is 7.625 percent.
What is not taxed in Minnesota?
Common examples include: Clothing for general use, see Clothing. Food (grocery items), see Food and Food Ingredients. Prescription and over-the-counter drugs for humans, see Drugs.
Does Minnesota have local income tax?
Overview of Minnesota Taxes Only a few states have a higher top tax rate than Minnesota. On the bright side, there are no local income taxes in the Land of 10,000 Lakes.
What state has the highest sales tax?
The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and Alabama (9.22 percent).