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  Minnesota Department of Revenue · [email protected]
April 3, 2025 at 2:51 PM

Tax Professional Tip #14 –Income Tax Penalties and Interest Rates

Tax Professional Tip #14 –Income Tax Penalties and Interest Rates The Minnesota Department of Revenue assesses penalties and interest on income tax returns. It’s important to understand these penalties and when we charge them.  Type of Penalty When It Applies Late Filing Y…
  Minnesota Department of Revenue · [email protected]
April 2, 2025 at 8:29 PM

We still have room! Join us in Grand Rapids on April 25 for our employment tax seminar

We still have room! Join us in Grand Rapids on April 25 for our employment tax seminar Edina 5/8, Willmar 5/14, Brainerd 6/5 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-pers…
  Minnesota Department of Revenue · [email protected]
April 2, 2025 at 3:53 PM

Fiduciary Returns Due April 15 for Calendar Filers

Fiduciary Returns Due April 15 for Calendar Filers Reminder 2024 tax returns for fiduciary calendar year filers are due April 15, 2025. You must file a return even if you report no tax due. If you have already filed your return, please disregard this message. Need help? Visit our web…
  Minnesota Department of Revenue · [email protected]
April 1, 2025 at 3:04 PM

Partnership and S Corporation Estimated Payments Due April 15

Partnership and S Corporation Estimated Payments Due April 15 Reminder A partnership or S corporation must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Minimum fee Nonresident withholding Composi…
  Minnesota Department of Revenue · [email protected]
April 1, 2025 at 3:04 PM

Fiduciary Estimated Payments Due April 15

Fiduciary Estimated Payments Due April 15 Reminder A fiduciary must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Fiduciary income tax Composite income tax Quarterly estimated payments are due fo…
  Minnesota Department of Revenue · [email protected]
March 27, 2025 at 2:09 PM

Tax Professional Tip #13 – Filing for Deceased Taxpayers

Tax Professional Tip #13 – Filing for Deceased Taxpayers When a client or their family member passes away, it can change their tax filing situation and needs. The Minnesota Department of Revenue has many resources to help you file for deceased taxpayers. Guidance for filing final ret…
  Minnesota Department of Revenue · [email protected]
March 24, 2025 at 7:12 PM

Reminder: W-4MN is a Required Form

Reminder: W-4MN is a Required Form Now available in Spanish! Employers must use Form W-4MN to determine the amount of Minnesota tax to withhold from an employee’s paycheck. Federal Form W-4 no longer determines allowances for Minnesota withholding. Employees must complete both…
  Minnesota Department of Revenue · [email protected]
March 20, 2025 at 4:37 PM

Tax Professional Tip #12 – Return Verification and Identity Verification Letters

Tax Professional Tip #12 – Return Verification and Identity Verification Letters The Minnesota Department of Revenue takes extra steps to protect your clients’ identities. If your client receives either of these letters, ask them to complete the steps in the letter as soon as possible…
  Minnesota Department of Revenue · [email protected]
March 18, 2025 at 4:59 PM

Openings available for S Corporation and Partnership Basics webinars

Openings available for S Corporation and Partnership Basics webinars The Minnesota Department of Revenue is offering a free, one-hour S Corporation and Partnership Basics class for business owners and tax professionals. What does this webinar cover? This class focuses on partnership a…
  Minnesota Department of Revenue · [email protected]
March 14, 2025 at 3:08 PM

Join us in Grand Rapids on April 25 for our employment tax seminar

Join us in Grand Rapids on April 25 for our employment tax seminar Other dates: St. Cloud 3/26, Edina 5/8 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars for emp…
  Minnesota Department of Revenue · [email protected]
March 13, 2025 at 2:19 PM

Tax Professional Tip #11 – Form M1PR Changes for Homeowners

Tax Professional Tip #11 – Form M1PR Changes for Homeowners With renters now claiming the Renter’s Credit on Form M1 and Schedule M1RENT, look for these changes to Form M1PR for homeowners: Schedule M1PR-AI has been replaced with the expansion of Line 6 on Form M1PR. There is now spa…
  Minnesota Department of Revenue · [email protected]
March 11, 2025 at 2:07 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due March 18

Distributor Cigarette Tax and Tobacco Tax Returns Due March 18 Distributor Returns Due March 18 Your February return and payment for Cigarette Tax or Tobacco Tax are due March 18. You can file your return and pay any tax due electronically through e-Services. Revised Forms for 2025 Sa…
  Minnesota Department of Revenue · [email protected]
March 7, 2025 at 5:04 PM

Reminder: e-Services and other online services unavailable TODAY

Reminder: e-Services and other online services unavailable TODAY Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable TODAY Due to scheduled maintenance, our e-Services system and other online services will be unavailable …
  Minnesota Department of Revenue · [email protected]
March 6, 2025 at 3:36 PM

Tax Professional Tip #10: Renter’s Credit FAQs

Tax Professional Tip #10: Renter’s Credit FAQs We created a new webpage, Renter's Credit FAQs, to answer the most common questions about the new Renter’s Credit. This page can help you when completing Schedule M1RENT. Our 2025 Annual Tax Pro Webinar Q&A Document has additional gui…
  Minnesota Department of Revenue · [email protected]
March 5, 2025 at 5:19 PM

Join us next Tuesday, March 11 for a Withholding Tax Employer Responsibilities webinar

Join us next Tuesday, March 11 for a Withholding Tax Employer Responsibilities webinar Want to learn more about Minnesota Withholding Tax and your responsibilities as an employer? The Minnesota Department of Revenue is holding free webinars designed for business owners, tax and pay…
  Minnesota Department of Revenue · [email protected]
March 3, 2025 at 12:29 PM

C corporation Quarterly Estimated Payment Due March 17

C corporation Quarterly Estimated Payment Due March 17 C corporations must make quarterly estimated tax payments if their Corporation Franchise Tax liability exceeds $500 for the year. C corporation estimated payments are due: March 15 June 15 September 15 December 15 How can I make…
  Minnesota Department of Revenue · [email protected]
March 3, 2025 at 12:26 PM

Partnership and S Corporation Returns Due March 17 for Calendar Filers

Partnership and S Corporation Returns Due March 17 for Calendar Filers 2024 tax returns for partnership and S corporation calendar year filers are due March 17, 2025. You must file a return even if you report no tax due. If you have already filed your return, please disregard this mes…
  Minnesota Department of Revenue · [email protected]
February 28, 2025 at 4:04 PM

Reminder: e-Services and other online services unavailable Friday, March 7, 2025

Reminder: e-Services and other online services unavailable Friday, March 7, 2025 Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable Friday, March 7, 2025 Due to scheduled maintenance, our e-Services system and other onli…
  Minnesota Department of Revenue · [email protected]
February 27, 2025 at 8:39 PM

2024 Minimum Fee Table Correction

2024 Minimum Fee Table Correction The Minnesota Department of Revenue updated the minimum fee table to correct an error on the 2024 business income tax forms and Minimum Fee webpage. The correction was made on the 2024 minimum fee amount for entities with Minnesota property, payroll, …
  Minnesota Department of Revenue · [email protected]
February 27, 2025 at 3:58 PM

Tax Professional Tip #9 – Returns for Tribal Members in Minnesota

Tax Professional Tip #9 – Returns for Tribal Members in Minnesota There may be different rules to follow when preparing returns for members of Minnesota Indian Tribes. Be aware of these differences to better serve your clients and prepare their returns accurately.   These resource…
  Minnesota Department of Revenue · [email protected]
February 25, 2025 at 8:33 PM

Sales and Use Tax Webinars!

Sales and Use Tax Webinars! The Minnesota Department of Revenue is offering the following webinars in March and April. Introduction to Sales and Use Tax Wednesday, March 5, 2025, 1:30 to 4 p.m. Central Time This course is an introduction to sales and use taxes in Minnesota. The purpose o…
  Minnesota Department of Revenue · [email protected]
February 25, 2025 at 8:25 PM

Join us in St. Cloud on March 26 for our employment tax seminar

Join us in St. Cloud on March 26 for our employment tax seminar Coming up: Grand Rapids 4/25, Willmar 5/14 Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person seminars for em…
  Minnesota Department of Revenue · [email protected]
February 20, 2025 at 9:13 PM

Tax Professional Tip #8 – New Schedule M1QPEN and Resources

Tax Professional Tip #8 – New Schedule M1QPEN and Resources All about the Public Pension Subtraction To help you determine if your client’s public pension qualifies for the Public Pension Subtraction, the Minnesota Department of Revenue implemented these new tools:  Sche…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 5:31 PM

Child Tax Credit Advance Payments SNAP Estimator Tool

Child Tax Credit Advance Payments SNAP Estimator Tool The new tool provides an estimate of the effect of advance payments on a household's SNAP benefit. Choosing advance payments of the Child Tax Credit may impact Supplemental Nutrition Assistance Program (SNAP) benefits and e…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 5:02 PM

e-Services and other online services unavailable Friday, March 7, 2025

e-Services and other online services unavailable Friday, March 7, 2025 Regular deadlines for filing and paying taxes still apply. e-Services and other online services unavailable Friday, March 7, 2025 Due to scheduled maintenance, our e-Services system and other online service…
  Minnesota Department of Revenue · [email protected]
February 14, 2025 at 2:02 PM

Annual Tax Pro Webinar Recording and Materials Now Available

Annual Tax Pro Webinar Recording and Materials Now Available The Minnesota Department of Revenue held annual webinars for tax professionals in December and January, reviewing individual, business, and withholding tax updates for the 2025 filing season. Important highlights of the webi…
  Minnesota Department of Revenue · [email protected]
February 13, 2025 at 5:03 PM

Free tax preparation sites are now open across Minnesota to help taxpayers file their returns

Free tax preparation sites are now open across Minnesota to help taxpayers file their returns Site volunteers can help you file your state and federal income tax returns. Free tax preparation sites are now open across Minnesota to help taxpayers file their returns With income …
  Minnesota Department of Revenue · [email protected]
February 13, 2025 at 4:40 PM

Tax Professional Tip #7 – The Minimum Credit Explained

Tax Professional Tip #7 – The Minimum Credit Explained Sometimes taxpayers worry they will have to return advance payments of their Child Tax Credit if their financial situation changes. Starting with tax year 2025, the Minnesota Department of Revenue is implementing a Minimum Credi…
  Minnesota Department of Revenue · [email protected]
February 11, 2025 at 3:11 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due February 18

Distributor Cigarette Tax and Tobacco Tax Returns Due February 18 Distributor Returns Due February 18 Your January return and payment for Cigarette Tax or Tobacco Tax are due February 18. You can file your return and pay any tax due electronically through e-Services. Revised Forms for…
  Minnesota Department of Revenue · [email protected]
February 6, 2025 at 9:17 PM

Tax Professional Tip #6 – Advance Payments of the Child Tax Credit

Tax Professional Tip #6 – Advance Payments of the Child Tax Credit Taxpayers who qualified for a Child Tax Credit in 2024 and expect to qualify again in 2025, may choose to receive advance payments on this year’s Schedule M1CWFC. They can receive up to 50% of the current year child …
  Minnesota Department of Revenue · [email protected]
January 30, 2025 at 8:01 PM

Tax Professional Tip #5 – New Form M1 Checkboxes Now Includes MNsure

Tax Professional Tip #5 – New Form M1 Checkboxes Now Includes MNsure There are two new checkboxes on page 2 of the 2024 Form M1, Minnesota Individual Income Tax Return. Here is a brief description of the new checkboxes as well as existing ones: I do not want my paid preparer to file m…
  Minnesota Department of Revenue · [email protected]
January 30, 2025 at 7:08 PM

Join us in Stillwater on February 19 for our employment tax seminar

Join us in Stillwater on February 19 for our employment tax seminar Coming up: St. Cloud 3/26, Grand Rapids 4/25... Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-person semina…
  Minnesota Department of Revenue · [email protected]
January 27, 2025 at 8:32 PM

Notification of Local Sales and Use Tax Changes for Second Quarter 2025

Notification of Local Sales and Use Tax Changes for Second Quarter 2025 Beginning April 1, 2025, the following new local taxes are administered by the Department of Revenue:   Blackduck Sales and Use Tax 0.5%  Chanhassen Sales and Use Tax 0.5% Detroit Lakes Sales and Use Tax 0.5% Di…
  Minnesota Department of Revenue · [email protected]
January 27, 2025 at 5:11 PM

Income tax filing season starts today

Income tax filing season starts today The deadline to file and pay is Tuesday, April 15, 2025 Income tax filing season starts today The deadline to file and pay is Tuesday, April 15, 2025 Minnesota taxpayers can begin filing their state income tax returns today, Monday, Januar…
  Minnesota Department of Revenue · [email protected]
January 23, 2025 at 5:13 PM

Tax Professional Tip #4 – It’s Here! The e-Services Pilot

Tax Professional Tip #4 – It’s Here! The e-Services Pilot Individual taxpayers can now service their own account online! We recently launched a pilot inviting some taxpayers to sign up and access their individual tax account in e-Services. Taxpayers must first verify their identity, t…
  Minnesota Department of Revenue · [email protected]
January 16, 2025 at 3:34 PM

Tax Professional Tip #3 – Renters No Longer File Form M1PR

Tax Professional Tip #3 – Renters No Longer File Form M1PR Beginning with rent paid in 2024, renters now claim a credit on Schedule M1RENT of Form M1 instead of filing Form M1PR. Benefits for renters include: Receive their rent credit earlier in the year Do not have to file a separat…
  Minnesota Department of Revenue · [email protected]
January 13, 2025 at 9:37 PM

Minnesota Fourth Quarter Withholding Tax Returns Due January 31

Minnesota Fourth Quarter Withholding Tax Returns Due January 31 The fourth quarter (October through December 2024) Minnesota Withholding Tax return is due January 31. Deposits were due according to your semiweekly or monthly deposit schedule. Exception: You may make your deposit by Ja…
  Minnesota Department of Revenue · [email protected]
January 13, 2025 at 8:22 PM

Minnesota Annual Withholding Tax Return and Deposit Due January 31

Minnesota Annual Withholding Tax Return and Deposit Due January 31 Withholding Tax Annual Return and Deposit Due Dates The Minnesota Withholding Tax return and deposit for annual filers is due January 31. Exception: If your Minnesota tax withheld exceeded $500 during the year before D…
  Minnesota Department of Revenue · [email protected]
January 13, 2025 at 4:25 PM

Minnesota Individual Income Tax filing season opens January 27, 2025

Minnesota Individual Income Tax filing season opens January 27, 2025 New option this year for Child Tax Credit recipients; filing changes for renters Minnesota Individual Income Tax filing season opens January 27, 2025 New option this year for Child Tax Credit recipients; fili…
  Minnesota Department of Revenue · [email protected]
January 13, 2025 at 3:06 PM

Distributor Cigarette Tax and Tobacco Tax Returns Due January 21

Distributor Cigarette Tax and Tobacco Tax Returns Due January 21 Distributor Returns due January 21 Your December return and payment for Cigarette Tax or Tobacco Tax are due January 21.  Remember that you can file your return and pay any tax due electronically through e-Services. 2025…
  Minnesota Department of Revenue · [email protected]
January 10, 2025 at 8:47 PM

Annual Minnesota W-2 and 1099 Filings Due January 31

Annual Minnesota W-2 and 1099 Filings Due January 31 W-2 and 1099 Due Dates By January 31, 2025, you must provide: 2024 W-2s to your employees and the Minnesota Department of Revenue 2024 1099s to your workers and Revenue, if you withheld Minnesota tax for payees Details and resourc…
  Minnesota Department of Revenue · [email protected]
January 10, 2025 at 6:02 PM

2025 Withholding Tax forms and instructions now available

2025 Withholding Tax forms and instructions now available 2025 Updated Materials We updated these withholding tax materials for tax year 2025: Minnesota Income Tax Withholding Instruction Booklet and Tax Tables Form W-4MN, Minnesota Employee Withholding Allowance/Exemption Certificat…
  Minnesota Department of Revenue · [email protected]
January 9, 2025 at 9:17 PM

Tax Professional Tip #2 – Preparing and Filing Certificates of Rent Paid

Tax Professional Tip #2 – Preparing and Filing Certificates of Rent Paid 2024 is the first tax year you are required to submit Certificates of Rent Paid (CRPs) using e-Services by January 31, 2025. Use your tax professional e-Services account to create and e-file CRPs for your clients…
  Minnesota Department of Revenue · [email protected]
January 9, 2025 at 6:10 PM

New dates added! Register now for our upcoming in-person employment tax seminars

New dates added! Register now for our upcoming in-person employment tax seminars Minnetonka 1/23, Stillwater 2/19, and more Want to learn more about state employment taxes and other employer responsibilities? The Minnesota Business Tax Education Partnership is holding in-perso…
  Minnesota Department of Revenue · [email protected]
January 7, 2025 at 5:35 PM

Register for One of Our Business Income Tax Webinars

Register for One of Our Business Income Tax Webinars The Corporate Franchise Tax Division is offering two business income tax webinars for tax professionals and business owners in January and February 2025. Pass-Through Entity Tax This webinar will cover the PTE election and related t…
  Minnesota Department of Revenue · [email protected]
January 3, 2025 at 1:10 PM

Fiduciary Estimated Payments Due January 15

Fiduciary Estimated Payments Due January 15 Reminder A fiduciary must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Fiduciary income tax Composite income tax Quarterly estimated payments are due …
  Minnesota Department of Revenue · [email protected]
January 3, 2025 at 1:09 PM

Partnership and S Corporation Estimated Payments Due January 15

Partnership and S Corporation Estimated Payments Due January 15 Reminder A partnership or S corporation must make quarterly estimated tax payments if the sum of these estimated taxes, less any credits allowed against the tax, is $500 or more: Minimum fee Nonresident withholding Compo…
  Minnesota Department of Revenue · [email protected]
January 2, 2025 at 7:31 PM

Sales and Use Tax Webinars!

Sales and Use Tax Webinars! The Minnesota Department of Revenue is offering the following webinars in January and February. Sales and Use Tax for Cannabis Agricultural Production   Tuesday, January 7, 2025 1 – 3 p.m. Central Time  This course outlines the sales and use tax responsibiliti…
  Minnesota Department of Revenue · [email protected]
January 2, 2025 at 7:26 PM

Tax Professional Tip #1 – Welcome to the 2025 Filing Season!

Tax Professional Tip #1 – Welcome to the 2025 Filing Season! Welcome to the 2025 filing season! Mark Krause here, your Tax Professional Outreach Coordinator. I look forward to supporting you during this busy time of the year. Every Thursday from now until May, the Minnesota Department…
  Minnesota Department of Revenue · [email protected]
December 31, 2024 at 2:03 PM

We still have room! Register for our 2025 Filing Season Update - Session Two is in January

We still have room! Register for our 2025 Filing Season Update - Session Two is in January If you missed the first session in December, join the Minnesota Department of Revenue for the second session of the 2025 Filing Season Update for Tax Professionals webinar in January, we still h…