Anyone knows what's the tax rate in Minnesota? I don't know the name of the tax, but I meant the tax you got taken away from your check when you work. Income tax? I web site with various tax rates corresponding to different level of income earned would be nice. Thanks ahead!
These sites answer your questions about the Minnesota state income tax. There are other sites for the U.S. income tax.
http://swz.salary.com/salarywizard/layouthtmls/swzl_statetaxrate_MN.html
http://www.taxes.state.mn.us/
To find the tax rate for income tax in Minnesota, you can follow these steps:
1. Visit the official website of the Minnesota Department of Revenue.
2. Look for the section related to individual income tax. This section should contain information on current tax rates.
3. Within the individual income tax section, you should be able to find a table or a tax rate schedule that lists the different tax rates corresponding to different levels of income earned.
4. Identify the tax rate that applies to your income level. The tax rates are typically organized into tax brackets, with each bracket corresponding to a different range of income.
5. Note that Minnesota has a progressive income tax system, which means that higher levels of income are subject to higher tax rates. Make sure to find the tax rate that corresponds to your specific income range.
6. Once you know your income tax rate, you can calculate the approximate amount of tax that will be deducted from your paycheck using that rate.
Remember to consult the official Minnesota Department of Revenue website for the most accurate and up-to-date information on tax rates, as they may change over time.