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MINNESOTA INCOME TAX BRACKETS, STANDARD DEDUCTION AND DEPENDENT EXEMPTION AMOUNTS FOR 2022

The Minnesota Department of Revenue announced the adjusted 2022 individual income tax brackets. For tax year 2022, the state’s individual income tax brackets will change by 3.115 percent from tax year 2021. This annual adjustment will prevent taxpayers from paying taxes at a higher rate solely because of inflationary changes in their income.      […]

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