🏠ProfessionalMinnesota · MN
Real Estate Agent Taxes in Minneapolis (2026)
How much tax does a freelance real estate agent pay in Minneapolis? Full breakdown with calculator.
Real Estate Agent in Minneapolis — Tax Summary
Typical Income
$90,000
Minnesota State Tax
9.8%
Total Tax
$29,759
33.1% effective
Take-Home
$60,241
$5,020/mo
SE Tax
$12,717
Federal Tax
$10,242
State Tax
$6,801
Quarterly Payment
$7,440
Calculate Your Real Estate Agent Taxes in Minneapolis
$
SE Tax
$12,717
Federal Tax
$10,242
State Tax
$6,801
Take-Home
$60,241
Total Tax
$29,759
Effective Rate
33.1%
Quarterly Payment
$7,440
Monthly Net
$5,020
Top Deductions for Real Estate Agents in Minneapolis
100%MLS fees$1,200–$2,400/yr
100%NAR & state association dues$500–$1,200/yr
100%E&O insurance$800–$2,400/yr
100%Mileage to showings ($0.67/mile)$3,350–$13,400/yr
100%Marketing & advertising$1,000–$10,000/yr
100%Photography for listings$500–$3,000/yr
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Full Real Estate Agent Tax Calculator
See all deductions, S-Corp guidance, and quarterly planning for real estate agents.
Frequently Asked Questions
At the typical real estate agent income of $90,000, a freelancer in Minneapolis pays approximately $29,759 in total taxes (33.1% effective rate), keeping $60,241 take-home.