Paychecks changed for Minnesota workers from Jan. 1, 2012

According to Minnesota Department of Revenue, The withholding allowances for employee claims are $3,800 in year 2012 which is increased from $3,700 in year 2011. The  The Minnesota income tax rates range from 5.35% to 7.85% and are levied on Minnesota residents’ income and non-residents’ income from Minnesota sources.

EzPayCheck payroll software includes these changes in its 2012 version.

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http://www.halfpricesoft.com/2012/taxrate-Minnesota-2012.asp

• The old Minnesota Tax Tables can be found at:

http://www.halfpricesoft.com/2011/taxrate-Minnesota-2011.asp