1. Minnesota Income Tax Calculations for Tax Year 2008
I. Married Filing Jointly
A. Minnesota taxable income under $75,000.
1. Determine midpoint of $100 brackets ($0 – $20 of taxable income in first bracket
has a tax of zero.)
2. Apply following rates to that midpoint:
Taxable income
but
at least less than Tax computation
$ 0 – $ 31,860 $0 plus 5.35% of excess over $0
31,860 – 75,000 $1,704.51 plus 7.05% of excess over $31,860
B. Minnesota taxable income $75,000 or over — apply the following rates:
Taxable income
but
at least less than Tax computation
$ 75,000 –$126,580 $4,745.88 plus 7.05% of excess over $75,000
126,580 – and over $8,382.27 plus 7.85% of excess over $126,580
C. Round result to the nearest dollar.
II. Head of Household
A. Minnesota taxable income under $75,000.
1. Determine midpoint of $100 brackets ($0 – $20 of taxable income in first bracket
has a tax of zero.)
2. Apply following rates to that midpoint:
Taxable income
but
at least less than Tax computation
$ 0 – $ 26,830 $0 plus 5.35% of excess over $0
26,830 – 75,000 $1,435.41 plus 7.05% of excess over $26,830
B. Minnesota taxable income $75,000 or over – apply the following rates:
Taxable income
but
at least less than Tax computation
$ 75,000 –$ 107,820 $4,831.40 plus 7.05% of excess over $75,000
107,820 – and over $7,145.21 plus 7.85% of excess over $107,820
C. Round result to the nearest dollar.

2. ‑2‑
2008 (continued)
III. Single
A. Minnesota taxable income under $75,000.
1. Determine midpoint of $100 brackets ($0 – $20 of taxable income in first bracket
has a tax of zero.)
2. Apply following rates to that midpoint:
Taxable income
but
at least less than Tax computation
$ 0 – $ 21,800 $0 plus 5.35% of excess over $0
21,800 – 71,590 $1,166.30 plus 7.05% of excess over $21,800
71,590 – 75,000 $4,676.50 plus 7.85% of excess over $71,590
B. Minnesota taxable income $75,000 or over — apply the following rates:
Taxable income
but
at least less than Tax computation
$ 75,000 – and over $4,944.19 plus 7.85% of excess over $75,000
C. Round result to the nearest dollar.
IV. Married Filing Separately
A. Minnesota taxable income under $75,000.
1. Determine midpoint of $100 brackets ($0 – $20 of taxable income in first bracket
has a tax of zero.)
2. Apply following rates to that midpoint:
Taxable income
but
at least less than Tax computation
$ 0 – $ 15,930 $0 plus 5.35% of excess over $0
15,930 – 63,290 $852.26 plus 7.05% of excess over $15,930
63,290 – 75,000 $4,191.14 plus 7.85% of excess over $63,290
B. Minnesota taxable income $75,000 or over — apply the following rates:
Taxable income
but
at least less than Tax computation
$ 75,000 – and over $5,110.38 plus 7.85% of excess over $75,000
C. Round result to the nearest dollar.
October 6, 2008