Looking for Minnesota state tax information? In this article, you will find the latest resources on state tax, unemployment, income tax and more. Minnesota Department of Revenue
Minnesota Employment and Economic Development
Minnesota Withholding Requirements:
- Register as employer by filing Form MDES-13 (Report to Determine Liability) or visit this link.
- Employee Withholding - Form W-4MN
- Withholding Method = formula
- Supplemental Rate = 6.25%
Minnesota Local Taxes:
None
Minnesota State Unemployment Insurance (SUI):
Report quarterly wages and contributions by filing Form MDES-1D (Employer's Quarterly Wage Detail Report) and Form MDES-1 (Employer's Unemployment Quarterly Tax Report) by last day of month following end of quarter.
State uses the Benefit ratio formula
Wage base is $30,000 for 2015 and $31,000 for 2016
Tax rates for existing employer range from 0.10% to 9.0% for 2016
New employers use 1.59% or 8.44% depending on the experience rating of the industry for 2016.
Special assessment of 14% of tax due is not included in these rates. The Special Assessment of 14% is being REMOVED as of 1/1/14.
Federal loan interest assessment has been discontinued for 2013.
Workforce Enhancement fee assessment of 0.10% not included in these rates.
Total tax rate is calculated as 'Quarterly UI Tax + Additional Assessment + Federal Loan Interest Assessment + Workforce Development Fee = Amount Due'
Minnesota State Disability Insurance (SDI):
None
Minnesota State Labor Laws:
Minimum wage - The Federal minimum wage rate applies. For large employers ($500,000. sales or more per year) minimum wage will be $9.00 effective August 1, 2015 and $9.50 effective August 1, 2016.
Termination Pay - If fired, pay is due immediately. If the employee quits, paycheck is due by the next regularly scheduled payday, not to exceed 20 days from the last day worked.
Minnesota New Hire Reporting:
Employers must report hiring, rehiring, and return to work within 20 days on Form W-4 (Employee's Withholding Allowance Certificate) to:
Minnesota New Hire Reporting Center
P.O. Box 64212 Saint Paul, MN 55164-0212
Phone: 800-672-4473
Fax: 800-692-4473
To report online click here.
Remit Withholding for Minnesota Child Support to:
Minnesota Child Support Payment Center
P.O. Box 64306 Saint Paul, MN 55164-0306
Phone: 800-672-3890
To report online click here.
Minnesota Reciprocal States:
Michigan , North Dakota
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These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.