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  • Mn Year-end Reminders For Employees 2023

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Minnesota's new employer tax rates range from 1.1% to 9%, including the 0.1% base tax rate and also vary by industry. Minnesota's Unemployment Insurance Program provides a 2024 table that includes an industry overview. The one constant for all employers is that the wage base is $42,000 for each employee, in 2024.

Minnesota State - 6.25% (MN residents only. If you are a non-Minnesota resident, contact your state for tax withholding requirements.).

Minnesota Tax Rates, Collections, and Burdens Minnesota has a 9.8 percent corporate income tax rate. Minnesota also has a 6.875 percent state sales tax rate and an average combined state and local sales tax rate of 8.04 percent. Minnesota has a 0.98 percent effective property tax rate on owner-occupied housing value.

Minnesota State - 6.25% (MN residents only. If you are a non-Minnesota resident, contact your state for tax withholding requirements.).

Minnesota's new employer tax rates range from 1.1% to 9%, including the 0.1% base tax rate and also vary by industry. Minnesota's Unemployment Insurance Program provides a 2024 table that includes an industry overview. The one constant for all employers is that the wage base is $42,000 for each employee, in 2024.

You may claim exempt from Minnesota withholding if at least one of these apply: You meet the requirements and claim exempt from federal withholding. You had no Minnesota income tax liability last year, received a refund of all Minnesota income tax withheld, and do not expect to owe state income tax this year.

Complete Form W-4MN so your employer can withhold the correct Minnesota income tax from your pay. Consider completing a new Form W-4MN each year and when your personal or financial situation changes.

Employers must deposit and report federal employment taxes. Some of these taxes are paid by both the employer and the employee, while others are paid by the employer. Examples include federal income tax, Social Security tax, Medicare tax and federal unemployment tax.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232