Instructions For Form M-4x - Minnesota Department Of Revenue printable pdf download

MINNESOTA Department of Revenue

Amending Your Minnesota Franchise Tax Return

Where to get forms,

is later. If you received an extension of time

If you amend your federal tax return or if

to file, you have up to three and one-half

information, and assistance

the Internal Revenue Service (IRS) makes an

years from the extended due date to file, if

adjustment to your federal return, you must

If you need additional forms, information or

you filed your original return by the

notify the Department of Revenue within 180

help to complete your amended return, call

extended due date.

days. Failure to report federal changes on

(651) 297-7000 or 1-800-366-2913.

an amended return within 180 days will

You may also get forms by writing to:

Refunds

result in a penalty of 10 percent of any

MN Tax Forms, Mail Station 1421, St. Paul,

additional tax due.

If your amended return claims a refund and

MN 55146-1421.

the Department of Revenue does not act on

Please use Form M-4X to report changes to

it within six months of the date filed, you

TTY (deaf or hard of hearing) users may

your Minnesota liability as well as to make a

may bring an action in the district court or

contact the department through the

claim for refund.

the tax court.

Minnesota Relay Service at 1-800-627-3529;

Attach a copy of your amended federal return

ask for 1-800-366-2913.

or notice of adjustment to your Form M-4X.

Signature

If you need information in an alternative

The amended return must be signed by a

format, such as Braille, large print or audio

When to file

person designated by the corporation.

tape, we will provide it.

File Form M-4X only after you have filed

your original return. You may file Form

Preparer information

M-4X within three and one-half years after

If you pay someone to prepare your return,

the return was due, or within one year from

the preparer must sign the return and fill in

the date of an order assessing tax, whichever

his or her ID or Social Security number and

daytime phone number.

Form M-4X

For additional information, refer to the forms and instructions for the tax year you are amending.

Fill in the tax year you are amending at the

forms M4-I and M4-A if for 1998 or after.

or foreign source income.

top of the form. If you do not, your return

Note: If you are amending a return from a

will be sent back to you for completion.

Line 6

year starting before Jan. 1, 1987, you must

Regular tax before credits

use the lesser of the arithmetic average or

Columns A, B and C

Figure the tax on the corrected amount on

weighted percentage. If your original

line 5 of column C.

apportionment percentage is changed,

(Lines 1–11)

• For tax years beginning before Jan. 1,

recalculate following the Schedule A from

Column A: Fill in the amounts shown on

1982, the tax rate is 12 percent.

your original return if before 1998 and the

your original return or as later adjusted.

• For tax years beginning after Dec. 31,

M4-A for 1998 or after. Attach a copy of

1981, and before Jan. 1, 1987, refer to

Column B: Fill in the increases or decreases

your calculation.

your original return and calculate your

you are making. On a separate sheet,

tax following Schedule E. Attach a copy

Line 3

explain all changes in detail. If the change

of your calculation.

involves an item that the corporation tax

If you apportion income, determine the

• For tax years beginning after Dec. 31,

return (or its instructions) requires the

amount to fill in on line 3, Column A, from

1986, and before Jan. 1, 1990, the tax rate

corporation to support, attach the appropri-

the following chart.

is 9.5 percent.

ate schedule, statement or form to Form M-

• For tax years beginning after Dec. 31,

4X.

1989, the tax rate is 9.8 percent.

Amount from

Column C: Fill in the corrected totals after

Year

Form M4-T, line:

the increases or decreases shown in column B.

1998

Line 7

If there are no changes, fill in the amount

Credits

from column A.

Amount from

Fill in the amount of any credits that were

Year

Sch. A, line:

Sch. CI, line:

used to reduce your tax. The allowable

1991–97

Line 1

credits are not the same for all years, but

1990

Fill in the amount of your Minnesota net

may include the following:

1989

income before apportionment.

• research and development credit,

• alternative minimum tax credit, or

Apportioning income

• Minnesota gross premium tax credit.

If you do business in and outside Minnesota,

Line 4

If a carryback for any of these credits was

you must apportion your income. Fill out

allowed on your original or previously

Deductions

Schedule A on the back of Form M-4X. If

corrected return, include that carryback

Fill in the amount of any deductions for

you are a member of a unitary group, fill out

amount also on line 8 of column A.

dividends received, charitable contributions

Schedule ACI and Schedule CI for the tax

year being amended if before 1998 and

(Continued on back)

Stock No. 4598040

Printed on recyeled paper with 10% post-consumer waste using soy-based ink.

(Rev. 10/98)

Instructions For Form M-4x - Minnesota Department Of Revenue

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