Minnesota LLC Tax Calculator
Minnesota has a graduated state income tax with a top rate of 9.85%, and does not charge a required annual LLC fee. Enter your expected Minnesota LLC net profit to see your full 2026 tax and fee breakdown.
Take-home rate (after LLC fees) 75%
Take-home $56,343 Tax $18,657
Federal SE tax
Self-employment tax (15.3%) $10,597
Federal income tax $4,898
Minnesota
Minnesota income tax $3,162
LLC annual fee $0
Total cost of doing business
Total tax + LLC fees $18,657
Effective rate (tax only) 24.9%
Take-home after tax and LLC fees $56,343
Free annual renewal, but still required to keep the LLC in good standing.