Minnesota HF1958 modifies income tax rates and brackets for individuals, estates, and trusts.
Minnesota HF1958 amends the state's income tax rates and brackets. For married individuals filing jointly and surviving spouses, the bill sets rates of 5.35% for income up to $38,770, 6.8% for income between $38,770 and $154,020, 7.85% for income between $154,020 and $269,010, 9.85% for income between $269,010 and $500,000, and 12.45% for income over $500,000.
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