Smart Wealth Blog

How Much Is Capital Gains Tax in MN? Minnesota taxes net capital gains as part of your regular income. Net capital gains means your total capital gains minus any capital losses. If your losses are greater than your gains, you can use up to $3,000 of those losses per year to reduce other income and carry forward the rest to future years.

While Minnesota doesn't have a gift tax, certain gifts made within three years of death may be included in your estate for Minnesota estate tax purposes. 

If you're wondering about how estate taxes in Minnesota work, this simple guide will help. 

One way to manage your investments better is by leveraging tax-efficient strategies to help minimize your tax burden.

Your financial advisor can help you minimize taxes so you keep more money in your pocket.

Year-End Tax Planning Webinar 2024. As 2024 approaches, it's time to take control of your financial future and work towards making the...

If you’re like me, you don’t mind paying the tax that you owe — but overpaying taxes…no thank you!

Nobody wants to pay more tax than they absolutely necessary. And that’s understandable. For many of us, tax is our biggest expense.