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Estate and Inheritance Tax in Minnesota

Minnesota has a state estate tax with a $3,000,000 exclusion and rates from 13% to a top rate of 16%, and it has no inheritance tax.

Last checked . General information, not legal advice.

Minnesota at a glance

State estate tax
Yes
Estate tax exemption
$3,000,000
Applies to deaths in 2020 and later. A larger subtraction can apply for qualified small business or farm property.
Top estate tax rate
16%
Applies to the Minnesota taxable estate over $10,100,000.
Inheritance tax
No

Sources

Last checked

The rules in Minnesota

Does Minnesota have a state estate tax?

Yes. State estate tax in Minnesota: yes.

What is the estate tax exemption in Minnesota?

Estate tax exemption in Minnesota: $3,000,000. Applies to deaths in 2020 and later. A larger subtraction can apply for qualified small business or farm property.

What is the top estate tax rate in Minnesota?

Top estate tax rate in Minnesota: 16%. Applies to the Minnesota taxable estate over $10,100,000.

Does Minnesota have an inheritance tax?

No. Inheritance tax in Minnesota: no.

Where do the Minnesota estate and inheritance tax rules come from?

The rules above come from Minn. Stat. 291.016, subd. 3 and Minn. Stat. 291.03, subd. 1. Each source is linked on this page. We last checked them in October 2026.

Good to know

The rate schedule for deaths in 2018 and later starts at 13% and rises to 16%.

What this means in practice

State estate tax exemptions can be much lower than the federal exemption, so an estate that owes no federal tax may still owe state tax. Some states adjust their exemption each year for inflation, so check the amount for the year of death.

Real estate is generally taxed by the state where it is located. A person who lives in one state and owns land in another may need to consider the rules of both states, which is one reason some people hold out-of-state property in a living trust.

Estate and inheritance tax returns have filing deadlines and may require payment before the estate is closed. Executors often work with a tax professional to value assets, claim deductions such as the marital and charitable deductions, and file on time.

General information, not legal advice. Laws change, and cities can add their own rules, so check the current statute before you rely on it.