2026 Tax Rate Update – Below is a list of the major states that recently issued their 2026 Tax Rates, bringing the total number to 31 states. Illinois – Issued 2026 Tax Rates on December 1. The minimum rate is 0.75% with a maximum rate of 7.05%, lower than 2025. Indiana – Issued 2026 Tax Rates on December 8. Rate schedule remains unchanged, with a minimum rate of 0.50% and a maximum rate of 7.40%. Minnesota – Issued 2026 Tax Rates on December 11. The minimum rate is