Section Description Tax Year 2022 Amount 270A.03, Subd. 5 Debtor Exemption Income Threshold Unmarried debtor $14,060 Debtor with one dependent $18,010 Debtor with two dependents $21,300 Debtor with three dependents $24,160 Debtor with four dependents $25,480 Debtor with five dependents $26,570 290.0121, Subd. 1 Dependent Exemption $4,450 290.0121, Subd. 2 Disallowed Exemption Amount Married Joint or Surviving Spouse $309,050 Head of Household $257,550 Single $206,050 290.0122, Subd. 2 Itemized Deduction Limitation Married Separate $103,025 All other Filers $206,050 290.0123, Subd. 1 Standard Deduction Married Joint or Surviving Spouse $25,800 Head of Household $19,400 Single; Married Separate $12,900 290.0123, Subd. 2 Additional Standard Deduction for Aged or Blind Married or Surviving Spouse $1,350 Single $1,700 290.0123, Subd. 3 Standard Deduction for Dependents Minimum Deduction $1,150 Additional Deduction over Earned Income $350 290.0123, Subd. 5 Standard Deduction Limitation Married Separate $103,025 All other Filers $206,050 Tax Year 2022 Inflation-Adjusted Amounts In Minnesota Statutes As required by Minnesota Statutes 270C.22, Subd. 2, the following table provides the dollar amounts specified in Minnesota Statutes after adjusting for inflation. All income tax amounts are for tax year 2022. Property tax refund amounts are for tax year 2021.

Section Description Tax Year 2022 Amount 290.0132, Subd. 26 Social Security Subtraction Maximum Subtraction Married Joint or Surviving Spouse $5,450 Single, Head of Household $4,260 Phase-out Threshold Married Joint or Surviving Spouse $82,770 Single; Head of Household $64,670 290.06, Subd. 2c Income Tax Brackets Married Joint or Surviving Spouse 2nd Bracket Threshold $41,050 3rd Bracket Threshold $163,060 4th Bracket Threshold $284,810 Married Separate 2nd Bracket Threshold $20,525 3rd Bracket Threshold $81,530 4th Bracket Threshold $142,405 Single 2nd Bracket Threshold $28,080 3rd Bracket Threshold $92,230 4th Bracket Threshold $171,220 Head of Household 2nd Bracket Threshold $34,570 3rd Bracket Threshold $138,890 4th Bracket Threshold $227,600 290.067, Subd. 1 Dependent Care Credit Phase-out Threshold $55,300 290.0671, Subd. 1 Working Family Credit Earned Income for Maximum Credit No Qualifying Children $7,570 One Qualifying Child $12,650 Two Qualifying Children $20,750 Three or More Qualifying Children $21,170 Phase-out Threshold Married Joint with No Qualifying Children $15,430 All Others with No Qualifying Children $9,240 Married Joint with One Qualifying Child $30,290 All Others with One Qualifying Child $24,110

Section Description Tax Year 2022 Amount Married Joint with Two Qualifying Children $34,770 All Others with Two Qualifying Children $28,590 Married Joint with Three or More Qualifying Children $35,090 All Others with Three or More Qualifying Children $28,900 290.0684, Subd. 2 Section 529 Plan Credit 1st Phase-out Threshold $82,940 2nd Phase-out Threshold $149,290 290.091, Subd. 3 AMT Exemption Married Joint $82,150 Married Separate $41,080 Single; Head of Household $61,610 290.0922, Subd. 1 Corporate Minimum Fee 2nd Bracket Threshold $1,080,000 3rd Bracket Threshold $2,160,000 4th Bracket Threshold $10,810,000 5th Bracket Threshold $21,610,000 6th Bracket Threshold $43,220,000 2nd Bracket Fee $220 3rd Bracket Fee $650 4th Bracket Fee $2,160 5th Bracket Fee $4,330 6th Bracket Fee $10,810

290A.04, Subd. 2 Homeowners; Homestead Credit Refund Schedule for 2021 Percent of Income Percent Paid by Claimant Maximum State Refund $0 - $1,839 1.0% 15% $2,930 $1,840 - $3,659 1.1% 15% $2,930 $3,660 - $5,549 1.2% 15% $2,930 $5,550 - $7,399 1.3% 20% $2,930 $7,400 - $9,229 1.4% 20% $2,930 $9,230 - $12,939 1.5% 20% $2,930 $12,940 - $14,769 1.6% 20% $2,930 $14,770 - $16,629 1.7% 20% $2,930 $16,630 - $18,469 1.8% 20% $2,930 $18,470 - $20,309 1.9% 25% $2,930 $20,310 - $25,859 2.0% 25% $2,930 $25,860 - $27,709 2.0% 30% $2,930 $27,710 - $31,409 2.0% 30% $2,930 $31,410 - $44,319 2.0% 35% $2,930 $44,320 - $64,629 2.0% 35% $2,370 $64,630 - $73,869 2.0% 40% $2,080 $73,870 - $83,109 2.1% 40% $1,720 $83,110 - $92,339 2.2% 40% $1,540 $92,340 - $101,569 2.3% 40% $1,340 $101,570 - $107,119 2.4% 45% $1,130 $107,120 - $110,839 2.5% 45% $940 $110,840 - $115,319 2.5% 50% $770 $115,320 - $119,789 2.5% 50% $570 $119,790 & up Not Eligible Tax Year 2021 Property Tax Refund Amounts Household Income

290A.04, Subd. 2a Renters; Property Tax Refund Schedule for 2021 Percent of Income Percent Paid by Claimant Maximum State Refund $0 - $5,579 1.0% 5% $2,280 $5,580 - $7,409 1.0% 10% $2,280 $7,410 - $9,259 1.1% 10% $2,210 $9,260 - $12,989 1.2% 10% $2,160 $12,990 - $16,709 1.3% 15% $2,100 $16,710 - $18,549 1.4% 15% $2,040 $18,550 - $20,389 1.4% 20% $1,990 $20,390 - $24,119 1.5% 20% $1,930 $24,120 - $25,969 1.6% 20% $1,870 $25,970 - $27,819 1.7% 25% $1,870 $27,820 - $31,539 1.8% 25% $1,870 $31,540 - $33,379 1.9% 30% $1,870 $33,380 - $38,949 2.0% 30% $1,870 $38,950 - $44,509 2.0% 35% $1,870 $44,510 - $51,939 2.0% 40% $1,870 $51,940 - $53,779 2.0% 45% $1,700 $53,780 - $55,649 2.0% 45% $1,540 $55,650 - $57,509 2.0% 45% $1,300 $57,510 - $59,349 2.0% 50% $1,130 $59,350 - $61,219 2.0% 50% $1,030 $61,220 - $63,069 2.0% 50% $570 $63,070 - $64,919 2.0% 50% $220 $64,920 & up Not Eligible 290A.03, Subd. 12 Gross Rent Nursing Home Resident $530 Adult Foster Care Home Resident $830 Minnesota Department of Revenue Tax Research Division December 2, 2021 Household Income