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Last Updated: 4/4/2012

UBIT Payment Due Dates

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Unrelated Business Income Tax (UBIT)

651-297-5199
8:00 a.m.- 4:30 p.m. Mon.- Fri.

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Tax Return Payment  (See Filing Requirements) 

 
Estimated Payment

A tax-exempt organization with an estimated unrelated business income tax of more than $500 must make quarterly payments based on its required annual payment. The required annual payment is 100 percent of the prior year’s tax liability or 100 percent of the current year’s tax liability, whichever is less. The required annual payment must be paid in equal installments unless certain  exceptions apply.

An organization is not required to pay estimated taxes the first year it is subject to the tax in Minnesota.

Quarterly installments are due by the 15th day of the 3rd, 6th, 9th and 12th months of your tax year.

Installments for a short tax year are due in equal payments on the 15th day of the 3rd, 6th, 9th and final months. No installments are required for a short tax year of fewer than four months.

If you underpaid or didn't pay any installment by the due date, an additional charge for underpayment will be added to your tax.

Extension Payment

Your tax is due by the regular due date even if you are filing under an extension. Any tax not paid by the regular due date is subject to penalties and interest. Make an extension payment by the regular due date to avoid penalties and interest.

Amended Return Payment

If tax is due, it must be paid when the amended return is filed.​