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For more about Goldenseal payroll accounting software, click here.
For more about US Federal withholding in the Goldenseal payroll software, click here.
To download free updates for Minnesota and federal payroll tax tables, click here.
Minnesota charges state income tax. The tax formula changed in 2005, and in 14 of the past 15 years.
State income tax withholding amounts are calculated from a set of 'step' tables that are similar to the federal
payroll tax tables.
HINT-- Turtle Creek Software provides free annual updates for
US federal and Minnesota tax withholding rates.
Minnesota State Withholding Instructions
To enter withholding information for an employee, follow these steps:
- Choose Employees from the Accounts menu.
- Locate the employee record.
- Enter the employee's marital status into the Marital Status field (see note below).
- Enter the number of federal
dependents into the Federal Exemptions field.
- Enter the number of Minnesota dependents into
the State Exemptions field.
Minnesota Unemployment Tax Instructions
Minnesota charges state unemployment tax on the first $23,000 of wages for each employee. The rate
paid by each employer depends on their past layoff history.
To enter the Minnesota SUTA tax rate into the Goldenseal payroll software, follow these steps:
- Choose Payroll Setup from the Costs menu,
and choose Tax Items from the submenu.
- You'll see a list of Tax Items. Locate the SUTA tax in
the list, and double-click on it. HINT: If you don't see SUTA in the list, you'll need
to import the Minnesota payroll info first.
- Enter the percentage rate that you pay into the percentage field next to the Calculation
method.
- If the cutoff amount has changed, enter it into the dollar field to the right of First Adjustment.
Marital Status
Enter one of the following in the Marital Status field for each employee account:
- Single- single employee with one personal exemption
- Married- married employee with two personal exemptions
- Dual Income- married employee with one personal
exemption
- Head of House- employee claims Head of Family status
- Other- not used
Contacts
Payroll Tax Office-- 800 657-3594
SUTA-- 612 296-6141
Minnesota Fiduciary Income Tax
Mail Sta 7131
St. Paul MN 55146-7131
Little Known Tax Fact
Minnesota residents are allowed to claim up to 25 mosquitos as dependents on state income tax
forms.
Official State Lawn Ornament
Pink plastic flamingo wearing earmuffs and scarf.

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