File Your Sales Tax
with FlyFin
CPAs + AI makes it 20x faster and 5x cheaper
Get Your First Sales Tax Filing Free!
Sales Tax Calculator
For Total Sales of $200,000
Monthly
Annual
Brackets
Rates
Income
$200,000
Sales Tax Rate
Infinity% - -Infinity%
Total Sales Tax
$Infinity.undefined - $-Infinity.undefined
Understanding sales tax can often feel like navigating a complex maze, especially when it varies from state to state. In Minnesota, sales tax is a crucial aspect of doing business, impacting both consumers and businesses alike. Whether you're a resident, a business owner, or a visitor, knowing the ins and outs of Minnesota's sales tax system is essential for compliance and financial planning.
State Tax Rates
NaN%
County Tax Rates
Infinity% - -Infinity%
City Tax Rates
Infinity% - -Infinity%
Total Tax Rate
Infinity% - -Infinity%
Table of contents
Sales tax in Minnesota is a consumption tax imposed by the state on the sale of goods and services. It is a vital source of revenue for the state, funding various public services and infrastructure projects. For businesses, understanding how to apply and remit sales tax is crucial to avoid penalties and ensure smooth operations. Consumers, on the other hand, should be aware of how sales tax affects their purchases.
In Minnesota, not all items are subject to sales tax. Here are some examples of taxable and exempt items:
Calculating sales tax in Minnesota involves applying the Minnesota sales tax rate to the taxable amount of a sale. Businesses can use tools like the Minnesota sales tax calculator or the MN sales tax calculator to ensure accuracy. The tax rate can vary depending on local jurisdictions, so it's important to be aware of the specific rates applicable to your area.
Sales tax regulations are always changing, but apps like FlyFin make it easier to manage them. FlyFin is transforming how taxes are done by using both AI and the expertise of CPAs. It can handle everything from basic to complicated filings, delivering accurate results 20 times faster at 5 times the lower cost. Even better, your first sales tax filing is free with FlyFin, letting you grow your business while their CPAs handle the tax details.
While sales tax is collected at the point of sale, use tax is imposed on goods purchased out-of-state but used in Minnesota. Businesses and individuals are required to self-assess use tax if sales tax was not collected at the time of purchase.
Affiliate nexus refers to a situation where a business has a presence in Minnesota through affiliates, requiring them to collect sales tax. This can impact online retailers and businesses with affiliate programs.
Businesses in Minnesota are typically required to file sales tax returns either monthly, quarterly, or annually, depending on their sales volume. It's crucial to adhere to these schedules to avoid penalties.
If you miss a sales tax filing deadline in Minnesota, it's important to file as soon as possible to minimize penalties and interest. Contacting the Minnesota Department of Revenue can provide guidance on resolving the issue.
The history of sales tax in Minnesota dates back to the 1960s, when it was first implemented as a means to generate revenue for the state. Over the years, the Minnesota sales tax rate has evolved, reflecting changes in economic conditions and policy priorities. Today, it remains a critical component of the state's fiscal strategy.
While Minnesota sales tax is a significant revenue source, it differs from state income tax, which is based on earnings rather than consumption. Local policies can also impact sales tax, with some areas imposing additional local taxes that affect the overall rate.
Minnesota has specific administrative processes for sales tax collection, including electronic filing and payment options. Businesses can use resources like the Minnesota sales tax calculator to streamline compliance and ensure accurate reporting.
Understanding the intricacies of sales tax Minnesota is essential for both businesses and consumers. Whether you're calculating taxes using a Minnesota sales tax calculator or navigating the complexities of affiliate nexus, staying informed can help you manage your obligations effectively.
County
Total Sales Tax Rate
Facts and figures about
County, Minnesota
11,204
CPAs across the state
5,706,494
Residents as of 2022
329,930
People claiming self- employment tax deductions
179,580
S-Corps statewide
277,280
People taking itemized deductions
465,050
People claiming the QBI deduction
😵💫 Smart CPAs are accessible and affordable, but there's only 1 Minnesota CPA for every 300 residents.
😓 19 million taxpayers filed late last year. Smart CPAs can help taxpayers be prepared.
😨 Smart CPAs can help the 30 million Americans who miss tax deductions each year.
😣 Smart CPAs can put an end to the overpaying on taxes that half of Americans do every year.
Minnesota State Income Tax Rates & Brackets for 2023
The following tables represents Minnesota's income tax rates and tax brackets:
SINGLE FILER
Brackets
Rates
$0 - $28,080
5.35%
$28,080 - $92,230
6.80%
$92,230 - $ 1,71,220
7.85%
$ 1,71,220+
9.85%
MARRIED FILING JOINTLY
Brackets
Rates
$0 - $41,050
5.35%
$41,050 - $ 1,63,060
6.80%
$ 1,63,060 - $ 2,84,810
7.85%
$ 2,84,810+
9.85%
Filing Status
Standard Deduction Amt.
Single
$12,900
Couple
$19,350
Minnesota State IRS Statistics of Income for 2020
Item
(All amounts are in 1000s of dollars)
Number of returns
Number of single returns
Number of joint returns
Number of head of household returns
Number of individuals
Adjusted gross income (AGI)
Total income: Number
Amount
Salaries and wages in AGI: Number
Amount
Business or profession net income (less loss): Number
Amount
Partnership/S-corp net income (less loss): Number
Amount
Self-employed health insurance deduction: Number
Amount
Student loan interest deduction: Number
Amount
Charitable contributions if took standard deduction: Number
Amount
Total itemized deductions: Number
Amount
State and local income taxes: Number
Amount
State and local general sales taxes: Number
Amount
Qualified business income deduction: Number
Amount
Child and dependent care credit: Number
Amount
Child and other dependent tax credit: Number
Amount
Self-employment tax: Number
Amount
Earned income credit: Number
Amount
Refundable education credit: Number
Amount
Recovery rebate credit: Number
Amount
Total tax liability: Number
Amount
Total additional Medicare tax: Number
Amount
Net investment income tax: Number
Amount
Tax due at time of filing: Number
Amount
Total overpayments: Number
Amount
All returns
2,890,450
1,500,240
1,070,950
269,610
5,271,750
230,020,286
2,849,120
232,983,605
2,354,570
158,544,274
406,070
5,582,057
179,580
14,396,512
87,370
694,872
276,750
206,005
878,050
223,994
277,280
9,504,039
255,020
4,399,367
19,590
30,205
465,050
3,695,280
127,260
64,436
681,330
1,738,791
329,930
1,108,584
308,970
631,326
116,050
105,546
483,850
670,620
2,197,700
30,817,541
90,000
165,633
97,610
365,965
642,560
3,548,307
2,135,290
6,825,559
Under $1
69,970
51,230
13,260
4,110
97,320
0
28,660
0
11,060
410,668
10,730
0
7,060
0
2,620
18,480
1,710
1,555
11,990
3,006
0
0
0
0
0
0
0
0
0
0
20
26
4,590
13,048
4,990
6,846
1,330
1,209
33,090
47,943
5,230
15,149
250
370
0
0
2,720
6,997
45,980
144,370
$1 under $10,000
337,120
295,980
22,820
15,170
282,030
1,624,033
337,100
1,682,641
237,670
1,276,006
37,250
87,609
3,810
0
3,070
9,816
5,790
4,074
41,700
9,065
3,080
80,664
1,090
4,404
1,590
881
1,060
157
0
0
60
24
30,260
19,352
73,690
68,242
11,570
10,180
68,150
100,962
41,160
22,339
0
0
0
0
21,070
9,258
255,110
273,562
$10,000 under $25,000
431,080
325,400
48,720
50,810
558,750
7,461,503
431,080
7,595,540
327,530
4,898,009
58,900
403,549
8,530
0
6,820
23,039
20,020
14,043
84,030
19,979
8,310
216,971
3,930
10,120
3,710
2,665
31,560
20,939
3,080
979
31,140
12,391
49,490
75,444
103,120
278,718
24,780
21,224
90,760
139,732
250,050
204,250
30
14
0
0
45,610
42,732
364,080
836,283
$25,000 under $50,000
667,350
427,470
114,280
109,850
1,077,410
24,693,234
667,350
25,014,472
570,280
18,698,007
74,820
691,526
16,620
59,995
12,910
53,550
74,950
54,147
160,700
39,226
22,390
552,113
17,320
42,985
4,490
5,200
76,420
114,314
18,290
9,795
156,430
222,924
59,090
140,008
121,490
274,292
24,450
20,582
92,460
129,594
552,940
1,346,833
70
130
0
0
109,480
139,487
552,870
1,389,386
$50,000 under $75,000
440,290
231,970
145,980
50,330
799,490
27,085,512
440,290
27,424,067
375,960
20,331,327
56,280
624,232
18,790
159,538
11,300
60,821
65,490
49,827
146,020
37,107
41,820
936,216
38,680
136,951
2,790
4,403
71,360
163,102
14,530
7,438
113,240
285,765
44,570
130,791
5,680
3,228
13,120
12,038
60,310
76,113
413,000
2,096,315
60
55
20
8
101,550
192,094
337,430
852,681
$75,000 under $100,000
291,180
89,430
175,910
20,500
651,480
25,266,321
291,180
25,558,909
248,500
18,339,149
45,730
583,879
18,900
233,040
9,450
61,521
38,150
27,406
120,000
31,396
41,990
996,527
40,220
195,597
1,560
2,972
62,290
181,263
18,260
10,013
95,770
296,383
36,400
119,042
0
0
11,380
10,765
48,800
51,095
284,070
2,195,958
70
54
0
0
80,830
198,776
209,650
630,096
$100,000 under $200,000
479,770
64,150
395,430
15,200
1,290,890
65,265,596
479,770
66,038,939
425,650
49,201,087
84,970
1,479,687
52,310
1,340,527
20,450
176,938
70,640
54,953
239,530
63,770
85,840
2,537,135
83,140
691,069
2,410
5,783
134,450
636,679
52,700
26,914
212,560
687,812
68,930
295,181
0
0
29,420
29,548
88,140
124,222
477,610
7,292,088
4,090
1,227
1,280
367
185,930
730,361
292,690
1,144,596
$200,000 under $500,000
143,510
11,660
128,220
2,940
425,380
40,718,395
143,510
41,321,253
131,210
28,973,949
29,870
1,225,218
36,810
3,135,584
13,670
173,923
0
0
65,470
18,020
54,790
2,077,217
52,580
1,083,828
2,090
5,457
67,730
795,558
18,010
8,112
71,850
233,085
27,710
200,321
0
0
0
0
2,160
959
143,450
6,919,153
64,630
48,704
69,450
65,558
79,300
866,916
63,570
568,636
$500,000 under $1,000,000
21,120
2,030
18,470
500
63,070
14,221,792
21,120
14,448,069
18,850
8,349,025
5,160
368,013
10,370
2,653,343
4,140
65,532
0
0
6,610
1,861
12,610
704,897
11,850
688,288
720
2,052
13,220
382,943
1,930
933
250
381
5,810
60,959
0
0
0
0
0
0
21,120
3,439,552
14,870
48,991
18,510
64,865
11,720
491,023
9,270
275,954
$1,000,000 or more
9,070
930
7,850
210
25,940
27,133,760
9,070
27,297,822
7,870
8,067,047
2,360
309,040
6,380
8,104,482
2,960
51,252
0
0
2,010
564
6,470
1,402,299
6,210
1,546,125
240
792
6,970
1,400,325
450
252
0
0
3,100
54,438
0
0
0
0
0
0
9,060
7,285,904
5,940
66,088
8,360
235,167
4,350
870,663
4,640
709,995
Sales Tax in other states
Sales Tax in other Counties of Minnesota
Expert tax CPAs ensure 100%-accurate tax filing
A.I. finds every tax deduction, eliminating 95% of your work
On average users save $3,700