An electric drive system including an impedance balancing noise filtering circuit is disclosed. The electric drive system includes a direct current (DC) power source configured to output DC power to an output port and an inverter configured to convert the DC power output by the DC power source into alternating current (AC) power that is provided to an input port of an AC load. The impedance balancing noise filtering circuit includes an impedance bridge electrically intermediate the output port of the DC power source and the input port of the AC load. The impedance balancing noise filtering circuit includes different sets of passive components that are positioned on both the DC-side and the AC-side of the inverter. These sets of passive components are configured to facilitate impedance balancing that reduces common-mode (CM) electromagnetic interference (EMI) emission at the output port of the DC power source.