Margit Schiøtt, née Knudsen (2 May 1889 – 16 September 1946) was a Norwegian politician for the Liberal Party.
She was born in Gjerpen, a daughter of the Norwegian Prime Minister Gunnar Knudsen.
Didrik Cappelen Schiøtt (1887–1958) and they lived at Gulset in Skien, Norway, where they also owned a little farm.
She was elected to the Norwegian Parliament from Telemark in 1945, but less than one year into the term she died and was replaced by Ketil Skogen.
Schiøtt held various positions in Gjerpen municipality council between 1934 and 1940.