Filing Requirements for Estates and Trusts

An estate or trust with $600 or more of gross income assignable to Minnesota must file Form M2, Income Tax Return for Estates and Trusts. Filing is required even if the trust is considered a resident trust.

The trustee of a trust or the personal representative of an estate is responsible for filing Form M2 and for paying the tax. They also must provide beneficiaries of the trust or estate with a copy of Schedule KF, Beneficiary’s Share of Minnesota Taxable Income.