Minnesota Department of Revenue
Recent News About Minnesota Department of Revenue
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Individual income tax revenue down 28.3% from previous quarter in Minnesota
The first quarter of 2025 brought in $2.5 billion in individual income tax revenue for Minnesota, a 28.3% decrease from the fourth quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Property tax revenue down 96.5% from previous quarter in Minnesota
The first quarter brought in $11 million in property tax revenue for Minnesota, a 96.5% decrease from the fourth quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's Q4 2024 property tax revenue up 1,014.3% from previous quarter
The fourth quarter of 2024 brought in $312 million in property tax revenue for Minnesota, a 1,014.3% increase from the third quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's Q4 2024 individual income tax revenue up 1.7% from previous quarter
The fourth quarter of 2024 brought in $3.4 billion in individual income tax revenue for Minnesota, a 1.7% increase from the third quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota sees less property tax revenue in Q3 2024
The third quarter of 2024 brought in $28 million in property tax revenue for Minnesota, a 92.7% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota sees less individual income tax revenue in Q3 2024
The third quarter of 2024 brought in $3.4 billion in individual income tax revenue for Minnesota, a 20.8% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Higher individual income tax revenue in Minnesota during Q2
The second quarter of 2024 brought in $4.3 billion in individual income tax revenue for Minnesota, a 60.4% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Higher property tax revenue in Minnesota during Q2
The second quarter brought in $382 million in property tax revenue for Minnesota, a 3,372.7% increase from the first quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Individual income tax revenue down 13.9% from previous quarter in Minnesota
The first quarter brought in $2.7 billion in individual income tax revenue for Minnesota, a 13.9% decrease from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Property tax revenue down 96.5% from previous quarter in Minnesota
The first quarter brought in $11 million in property tax revenue for Minnesota, a 96.5% decrease from the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Lower individual income tax revenue in Minnesota during Q3 2023
The third quarter of 2023 brought in $3.2 billion in individual income tax revenue for Minnesota, a 26.7% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's miscellaneous tax revenues down 25.9% since Q4 2023
Minnesota collected $120 million in miscellaneous tax revenue during the fourth quarter of 2023, a 25.9% decrease from the same period the previous year when $162 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's miscellaneous tax revenues down 23.1% in Q4 2023
Minnesota collected $120 million in miscellaneous tax revenue during the fourth quarter of 2023, a 23.1% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's individual income tax revenue up 2.2% as of Q4 2023 compared to Q4 2022
The fourth quarter of 2023 brought in $3.1 billion in individual income tax revenue for Minnesota, a 2.2% increase from the same period in the previous year, according to the U.S. Census Bureau.
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Minnesota's Q4 2023 individual income tax revenue down 4.5% from previous quarter
The fourth quarter of 2023 brought in $3.1 billion in individual income tax revenue for Minnesota, a 4.5% decrease from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's Q4 2023 property tax revenue up 1,156% from previous quarter
The fourth quarter of 2023 brought in $314 million in property tax revenue for Minnesota, a 1,156% increase from the third quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's miscellaneous tax revenues down 8.2% since Q3 2023
Minnesota collected $156 million in miscellaneous tax revenue during the third quarter of 2023, an 8.2% decrease from the same period the previous year when $170 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's miscellaneous tax revenues down 3.7% in Q3 2023
Minnesota collected $156 million in miscellaneous tax revenue during the third quarter of 2023, a 3.7% decrease from the previous quarter, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
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Minnesota's individual income tax revenue down 1.3% as of Q3 2023 compared to Q3 2022
The third quarter of 2023 brought in $3.2 billion in individual income tax revenue for Minnesota, a 1.3% decrease from the same period in the previous year, according to the U.S. Census Bureau.
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Minnesota sees less property tax revenue in Q3 2023
The third quarter of 2023 brought in $25 million in property tax revenue for Minnesota, a 93.8% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.