2026 Minnesota Bonus Estimate

$1,000 Bonus After Taxes in Minnesota (2026)

Take-Home Bonus
$605
Effective bonus tax rate: 39.5%
Bonus Amount$1,000
Federal Withholding (flat rate 22%)$220
State Withholding$99
Social Security$62
Medicare$15
Take-Home Bonus$605

Bonus withholding uses the flat-rate supplemental wage method (22% federal). Your actual bonus withholding depends on your employer's payroll method, year-to-date earnings, and W-4 elections. Verify with your employer or a tax advisor before making financial decisions.

Calculation assumptions

  • Standard withholding per IRS Publication 15-T (2026)
  • Social Security wage base: $184,500 (SSA 2026)
  • No pre-tax deductions, no post-tax deductions
  • Filing status: Single, one job
  • Standard W-4 withholding (no additional withholding elections)
  • Actual paycheck may differ based on employer setup, benefits, or W-4 elections

View sources and full methodology →

How Your MN Paycheck Works

Minnesota paychecks start with federal withholding calculated under IRS Publication 15-T using Form W-4, pay period, filing status, and taxable wages. FICA is withheld separately: for 2026, Social Security is 6.2% on employee wages up to $184,500, and Medicare is 1.45% on all covered wages. Employers must also withhold the 0.9% Additional Medicare Tax once an employee's wages exceed $200,000 for the year. Minnesota has a graduated individual income tax with four brackets; for 2026, single-filer rates range from 5.35% on income up to $33,310 to 9.85% on income above $203,150. Minnesota Paid Leave began in 2026, with a total premium of 0.88% split evenly; employees may have up to 0.44% deducted from their paychecks. Whether this deduction appears depends on your employer's plan setup and any approved private plan exemptions. MN Paid Leave deductions may apply but are not included in this estimate. Estimates assume standard 2026 withholding, single filing status, and no pre-tax deductions; actual paycheck may differ.

2026 Tax Rate Quick Reference

Tax2026 RateWage CapSource
Federal Income Tax10%–37% (percentage-method withholding)No wage capIRS Pub. 15-T
Social Security6.2% employee withholding$184,500SSA 2026
Medicare1.45% employee withholdingNo wage capIRS Pub. 15
Additional Medicare Surtax0.9% on wages over $200,000No wage capIRS Topic 560
Minnesota State Income Tax5.35%–9.85% graduated (4 brackets)No wage capMN DOR 2026

Sources Used for This Estimate