Freelancer Taxes in Minnesota: 1099 vs W2
Compare 1099 vs W2 taxes in Minnesota at every income level. See self-employment tax, take-home pay, and the freelance rate you’d need to charge.
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Deductible expenses reduce your taxable income
Freelancers pay $3,334 more in taxes
That’s $278/month less in your pocket
| Category | W2 Employee | 1099 Freelancer |
|---|---|---|
| Gross Income | $75,000 | $75,000 |
| Social Security | -$4,650 | -$8,589 |
| Medicare | -$1,088 | -$2,009 |
| Federal Income Tax | -$8,114 | -$6,948 |
| Minnesota Tax | -$4,628 | -$4,267 |
| Total Tax | -$18,479 | -$21,813 |
| Take-Home Pay | $56,521 | $53,187 |
| Effective Rate | 24.6% | 29.1% |
To match your W2 take-home of $56,521
You’d need to charge $81,000/year as a freelancer
That’s about $39/hour (40 hrs/week)
1099 vs W2 at Every Income Level
| Income | W2 Take-Home | 1099 Take-Home | Extra Tax |
|---|---|---|---|
| $25,000 | $20,750 | $19,401 | +$1,349 |
| $30,000 | $24,539 | $22,962 | +$1,576 |
| $35,000 | $28,253 | $26,450 | +$1,804 |
| $40,000 | $31,931 | $29,870 | +$2,061 |
| $45,000 | $35,608 | $33,290 | +$2,318 |
| $50,000 | $39,286 | $36,710 | +$2,576 |
| $55,000 | $42,963 | $40,130 | +$2,833 |
| $60,000 | $46,641 | $43,550 | +$3,091 |
| $65,000 | $50,166 | $46,970 | +$3,196 |
| $70,000 | $53,343 | $50,232 | +$3,111 |
| $75,000 | $56,521 | $53,187 | +$3,334 |
| $80,000 | $59,698 | $56,142 | +$3,556 |
| $90,000 | $66,053 | $62,053 | +$4,000 |
| $100,000 | $72,408 | $67,963 | +$4,445 |
| $110,000 | $78,732 | $73,874 | +$4,858 |
| $120,000 | $84,949 | $79,737 | +$5,212 |
| $150,000 | $103,099 | $96,755 | +$6,344 |
| $175,000 | $118,224 | $110,822 | +$7,401 |
| $200,000 | $134,803 | $125,786 | +$9,017 |
| $250,000 | $163,687 | $155,899 | +$7,788 |
Single filer, no business expenses, 2025 tax brackets.
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Minnesota Salary Calculator
See W2 salary breakdowns for all income levels in Minnesota