Finance · Minnesota · Tax year 2026

Minnesota Self-Employment Tax Calculator 2026

On $100,000 of 2026 self-employment profit, a single Minnesota sole proprietor with no other income owes about $27,161: $14,130 of self-employment tax, $8,235 of federal income tax, and $4,796 of Minnesota income tax. That is 27.2% of profit, or $6,790 for each quarterly estimated payment.

Against its neighbors, the same $100,000 of profit costs $788 less in Wisconsin and $4,796 less in South Dakota.

State income tax: 5.35% to 9.85%
Minnesota tax on $100,000: $4,796
National rank: #5 highest of 51
Set aside on $100,000: 27.2%
State estimated payments: Form Minnesota estimated tax voucher
LLC filing fee: $135
State sales tax: 6.875% + local

State

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Net self-employment profit (2026)

Other income (W-2 wages, spouse, interest)

More options

Retirement + health insurance deductions

Local income tax rate (optional)

Service business (consulting, law, health, accounting, financial services, performing arts). Only matters for the QBI deduction at higher incomes.

Enter your net profit — revenue minus business expenses — to see how much to set aside and what to pay each quarter.

A 2026 planning estimate using the standard deduction, not a tax return: it ignores credits, itemized deductions, and AMT. All calculations happen in your browser. Nothing is stored.

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Minnesota self-employment tax at common profit levels

2026 estimates for a single filer with no other income, using the standard deduction and no retirement or health insurance deductions. "Set aside" is the share of profit to move into a tax account; "Quarterly" is each of the four estimated payments.

Profit	SE tax	Federal income tax	Minnesota tax	Total	Set aside	Quarterly
$40,000	$5,652	$1,775	$1,170	$8,597	21.5%	$2,149
$60,000	$8,478	$3,559	$2,268	$14,306	23.8%	$3,576
$80,000	$11,304	$5,344	$3,532	$20,180	25.2%	$5,045
$100,000	$14,130	$8,235	$4,796	$27,161	27.2%	$6,790
$150,000	$21,194	$16,413	$8,110	$45,718	30.5%	$11,429
$250,000	$29,851	$36,509	$15,966	$82,326	32.9%	$20,582

Married filing jointly

The same profit, earned by one spouse filing jointly with no other household income.

Profit	SE tax	Federal income tax	Minnesota tax	Total	Set aside	Quarterly
$40,000	$5,652	$398	$352	$6,401	16.0%	$1,600
$60,000	$8,478	$1,885	$1,346	$11,709	19.5%	$2,927
$80,000	$11,304	$3,550	$2,341	$17,194	21.5%	$4,299
$100,000	$14,130	$5,335	$3,533	$22,997	23.0%	$5,749
$150,000	$21,194	$9,795	$6,692	$37,682	25.1%	$9,421
$250,000	$29,573	$25,154	$13,324	$68,052	27.2%	$17,013

How Minnesota taxes self-employment income

Minnesota starts from federal adjusted gross income (after the deduction for half of self-employment tax), then applies its own deductions, exemptions, and credits.

Standard deduction: $15,300 single, $30,600 joint, $23,000 head of household
Top rate: 9.85%; your bracket on $100,000 of profit is 6.8%.

2026 Minnesota income tax brackets (single)

Taxable income over	Up to	Rate
$0	$33,310	5.35%
$33,310	$109,430	6.8%
$109,430	$203,150	7.85%
$203,150	and up	9.85%

2026 Minnesota brackets (married filing jointly)

Taxable income over	Up to	Rate
$0	$48,700	5.35%
$48,700	$193,480	6.8%
$193,480	$337,930	7.85%
$337,930	and up	9.85%

Minnesota vs its neighbors

The same $100,000 of 2026 profit for a single sole proprietor, run through each state's rules. Federal tax is the same everywhere, so the difference is state income tax. Against its neighbors, the same $100,000 of profit costs $788 less in Wisconsin and $4,796 less in South Dakota.

State	State income tax	Total tax	Set aside	vs Minnesota
Minnesota	$4,796	$27,161	27.2%	—
Iowa	$2,296	$24,660	24.7%	−$2,500
North Dakota	$232	$22,596	22.6%	−$4,564
South Dakota	$0	$22,365	22.4%	−$4,796
Wisconsin	$4,008	$26,373	26.4%	−$788

How the gap changes with profit

Extra tax (+) or savings (−) for a single filer if the same business were based in each of its neighbors instead of Minnesota.

Profit	Iowa	North Dakota	South Dakota	Wisconsin
$40,000	−$570	−$1,170	−$1,170	−$226
$60,000	−$1,103	−$2,268	−$2,268	−$408
$80,000	−$1,802	−$3,532	−$3,532	−$627
$100,000	−$2,500	−$4,564	−$4,796	−$788
$150,000	−$4,402	−$7,153	−$8,110	−$1,362
$250,000	−$9,054	−$13,365	−$15,966	−$4,141

What's different about Minnesota for the self-employed

Minnesota's standard deduction phases down above $244,400 of AGI (by up to 80%).
Minnesota adds back most federal bonus depreciation, so equipment-heavy businesses may owe more than shown.
Self-employed Minnesotans can opt in to the state Paid Leave program; the 2026 premium is 0.88% of prior-year net self-employment earnings (up to $185,000), paid a year in advance, with a 2-year minimum enrollment.
The free LLC annual renewal is mandatory: an LLC that does not file it by December 31 is administratively terminated, and reinstatement costs $65 by mail or $85 online.
Many cities and counties add local sales taxes on top of the 6.875% state rate (for example, Richfield's combined rate is 9.025% as of October 1, 2026).

Minnesota estimated payments and deadlines

Minnesota collects its own estimated income tax with Form Minnesota estimated tax voucher, separately from the IRS. Required if you expect to owe $500 or more in Minnesota income tax after subtracting withholding and refundable credits.

Installment	Minnesota due date	Share of the year	Federal due date
Q1	April 15, 2026	25%	April 15, 2026
Q2	June 15, 2026	25%	June 15, 2026
Q3	September 15, 2026	25%	September 15, 2026
Q4	January 15, 2027	25%	January 15, 2027

The 2026 Minnesota income tax return is due April 15, 2027.

File and pay through the Minnesota Department of Revenue.

LLC fees and sales tax in Minnesota

Forming an LLC: $135 state filing fee.
Annual Renewal: no fee, every year, due by December 31.
Sales tax: 6.875% statewide, plus local rates in many cities and counties. Use the Sales Tax Calculator to price a sale.

A single-member LLC is taxed exactly like a sole proprietorship unless it elects S or C corporation status, so the self-employment tax figures on this page apply either way.

Minnesota self-employment tax FAQs

How much should I set aside for taxes if I'm self-employed in Minnesota?

For a single filer with no other income, about 23.8% of profit at $60,000, 27.2% at $100,000, and 30.5% at $150,000 for 2026, covering self-employment tax, federal income tax, and Minnesota income tax. Enter your own numbers in the calculator for a personal figure.

Does Minnesota tax self-employment income?

Yes. Minnesota taxes self-employment profit as ordinary income at 5.35% to 9.85%. Minnesota starts from federal adjusted gross income (after the deduction for half of self-employment tax), then applies its own deductions, exemptions, and credits.

When are Minnesota estimated tax payments due for 2026?

April 15, 2026, June 15, 2026, September 15, 2026, January 15, 2027, using Form Minnesota estimated tax voucher. Required if you expect to owe $500 or more in Minnesota income tax after subtracting withholding and refundable credits.

How much does an LLC cost in Minnesota?

The state filing fee to form an LLC is $135. Annual Renewal: no fee, every year, due by December 31. A single-member LLC is still taxed like a sole proprietorship for federal purposes, so the self-employment tax figures above apply.

Sources and method

Computed with the Self-Employment Tax Calculator's 2026 engine and Minnesota's rules from the sources below. Planning estimates, not a return. Last checked 2026-10-08.