Minnesota Quarterly Tax Calculator

Calculate your estimated quarterly tax payments for federal and Minnesota state taxes. Designed for self-employed individuals, freelancers, and independent contractors.

MN State Tax: Progressive 5.3% - 9.8%

Income Information
Quarterly Tax Estimate

Quarterly Payment Amount

$6,742

Per quarter (4 remaining)

Annual Tax Breakdown

Self-Employment Tax$11,304
Social Security (12.4%):$9,161
Medicare (2.9%):$2,143
Federal Income Tax$11,069
Minnesota State Tax$4,596
Total Annual Tax$26,968
Effective Tax Rate:33.7%
Net Self-Employment Income:$80,000

2026 Payment Schedule

Q1 2026Due Next

Jan 1 - Mar 31

Due: April 15, 2026

$6,742

Q2 2026Upcoming

Apr 1 - May 31

Due: June 15, 2026

$6,742

Q3 2026Upcoming

Jun 1 - Aug 31

Due: September 15, 2026

$6,742

Q4 2026Upcoming

Sep 1 - Dec 31

Due: January 15, 2027

$6,742

Don't miss your quarterly payments!

The IRS may charge penalties and interest if you underpay or pay late. Consider setting up automatic payments or calendar reminders.

Minnesota Quarterly Tax Highlights

Minnesota has 4 tax brackets with rates from 5.35% to 9.85%

One of the highest state tax rates

Use Form M1 for quarterly payments

Minnesota Quarterly Tax FAQ

What is Minnesota's income tax rate?

Minnesota has a progressive income tax with 4 brackets: 5.35%, 6.8%, 7.85%, and 9.85%. The top rate is one of the highest in the nation.

Official References

This calculator uses current federal and Minnesota tax rates and schedules:

This calculator provides estimates based on 2026 tax rates. Your actual tax liability may vary based on deductions, credits, and other factors. Consult a tax professional for personalized advice.

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