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Last Updated: 1/25/2018

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Unrelated Business Income Tax (UBIT)

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Unrelated Business Income Tax (UBIT) > File and Pay

  • Who is required to file a Form M4NP, Unrelated Business Income Tax Return?Back to top

    Any tax-exempt organization doing business in Minnesota that is required to file federal tax return Forms 990-T, 1120-C, 1120-H, or 1120-POL is also required to file a Minnesota Form M4NP and pay tax on federal taxable income assignable to Minnesota.

    Note: If you file Form 1120 with the IRS, you must file Form M4 with the Corporate Franchise Tax Division. If you do not file the appropriate return and pay the tax due, you may be assessed penalties and interest.​

  • When is my return due?Back to top

    The due date for filing Form M4NP and paying tax owed is the same as for your federal return.

    • 1120-H filers or 1120-POL filers: File by the 15th day of the fourth month after the end of the tax year
    • 990-T filers: File by the 15th day of the fifth month after the end of the tax year
    • 1120-C filers: File by the 15th day of the ninth month after the end of the tax year

    Short-year returns are due by the 15th day of the third month following the month in which the short year ends.​

  • Am I required to make estimated payments?Back to top

    Your organization is required to make estimated payments if the total tax is more than $500. The exception is if your organization is in its first year of business.​