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  • State Housing Tax Credit

    Eligible individuals or businesses that contribute to the State Housing Tax Credit Program and Contribution Fund may receive an 85% tax credit for their contributions.
    Last Updated:
    https://www.revenue.state.mn.us/state-housing-tax-credit-0

  • Household Income for the Property Tax Refund

    Your household income affects your eligibility and refund amount for the Property Tax Refund.Generally, it includes your federal adjusted gross income and certain nontaxable income.
    Last Updated:
    https://www.revenue.state.mn.us/household-income-property-tax-refund

  • 2023 Federal Conformity for Income Tax

    The rules used to determine Minnesota income tax are generally based on federal income tax laws, so when federal income tax laws are changed, conforming changes to Minnesota’s income tax law must also be made.
    Last Updated:
    https://www.revenue.state.mn.us/2023-federal-conformity-income-tax

  • Filing for a Property Tax Refund

    You may file for the Property Tax Refund on paper or electronically. The due date is August 15. You may file up to one year after the due date.
    Last Updated:
    https://www.revenue.state.mn.us/filing-property-tax-refund

  • Regulation of Tax Preparers

    Paid tax preparers must follow Minnesota law. If they violate state law, the Minnesota Department of Revenue may sanction them through penalties, a cease and desist order, or both. 
    Last Updated:
    https://www.revenue.state.mn.us/regulation-tax-preparers

  • Record-keeping for Income Tax Purposes

    After you file, keep copies of your tax return and related records. The Minnesota Department of Revenue may have questions about your return, your tax owed, or your refund amount.
    Last Updated:
    https://www.revenue.state.mn.us/record-keeping-income-tax-purposes

  • Idea for a Gross Operating Revenues Tax

    The Minnesota Department of Revenue is exploring options to remove utility, pipeline, and railroad operating property from property tax and replace it with a gross operating revenues tax.
    Last Updated:
    https://www.revenue.state.mn.us/idea-gross-operating-revenues-tax

  • Preparing Petroleum Tax Distributor Schedule Using Excel Template

    Information on how to prepare petroleum tax distributor schedules using our Excel templates.
    Last Updated:
    https://www.revenue.state.mn.us/preparing-petroleum-tax-distributor-schedule-using-excel-template

  • Mortgage Registry Tax Limiting the Amount of Principal Debt Secured

    Minnesota Statute 287.05, subdivision 1(a) provides for the use of a “Limiting Clause” in cases when the mortgagee (lender) intends to secure only a portion of the debt amount recited or
    https://www.revenue.state.mn.us/mortgage-registry-tax-limiting-amount-principal-debt-secured

  • Unrelated Business Income Tax

    Unrelated Business Income Tax (UBIT) applies to income that a nonprofit or tax-exempt organization makes from activities that are not related to its normal business activity.The UBIT rate is 9.8%.
    Last Updated:
    https://www.revenue.state.mn.us/unrelated-business-income-tax