Form G1er- Schedule Er - Lawful Gambling Tax Credit For Exempt Raffles

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G1ER
Schedule ER — Lawful Gambling Tax Credit for Exempt Raffles
Federal ID number
Minnesota tax ID number
License number
Organization name
Month/year reported
You may conduct tax-exempt raffles if the net proceeds are used exclusively to help relieve the effects of poverty, home-
lessness or disability for an individual or family .
The credit is nonrefundable and cannot be greater than your tax liability on Form G1, line 11a .
1 Gross receipts for exempt raffles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Prizes awarded for exempt raffles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Net receipts (subtract line 2 from line 1; the result cannot be more than Form G1, line 2C) . . . . . . 3
4 Amount from this month's Form G1, line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Tax credit (multiply line 3 by 8.5% [.085]; the result cannot be more than Form G1, line 11a)
Also enter this amount as a negative number on this month’s Form LG1010, Schedule C/D . . . . 5
6 Tax liability and fees (subtract line 5 from line 4). Pay ThiS amounT instead of the
amount on Form G1, line 13 .
. . . . . . . . . . . . . . . . . . . . . 6
Make check payable to Minnesota Revenue
Also enter this amount on this month's Schedule F, line 14 . (Do not use
the amount from Form G1, line 13.)
note: Do not change the amount on Form G1, line 11a or 13 .
attach this schedule to Form G1 in the order prescribed on page 4 of the instructions.
(Rev . 11/08)

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