Fillable Form Lb56f - Farm Winery Tax Return (Page 5 of 5) in pdf

Form LB56F Instructions

General Instructions

Penalties and Interest

Line Instructions

Line 5 — Schedule C Totals

C1. The following are considered tax-

Every licensed farm winery in Minnesota

A 5 percent late-payment penalty will be

Line 1 — Beginning Inventory

exempt sales:

is required to collect and remit to the

assessed on any unpaid tax for the first

Enter the number of liters for each type

Department of Revenue the tax from the

30 days. The penalty increases 5 percent

• sales for shipments out of state;

of wine in columns A through F, and the

sale of wine.

for each additional 30-day period (or any

number of bottles in column G.

• sales to food producers or pharmaceuti-

part thereof) to a maximum of 15 percent.

Monthly filing is mandatory if your tax

cal firms used exclusively in the manu-

The beginning inventory must be the same

Returns filed after the due date will be

averages $500 or more per month.

facture of food products or medicines;

as the previous period’s ending inventory.

assessed a 5 percent late-filing penalty on

• sales to common carriers engaged in

You must request, in writing, authorization

any unpaid tax, or $25 whichever is greater.

Line 2 — Schedule A Totals

interstate transportation of passengers;

to file annually or quarterly. The authoriza-

Interest will accrue on any unpaid tax and

Complete Schedule A to report the number

tion remains in effect as long as the tax

penalty.

• sales to qualified approved military

of liters for each type of wine and the total

remains within the limits stated below.

clubs;

amount of bottles (exclude bottles con-

Payment Options

• sales or transfers between Minnesota

• Annually filing. Tax must average less

taining less than 200ml in the bottle count)

wholesalers;

than $100 per month.

Electronic Payments

during the period.

• Quarterly filing. Tax must average less

• sales to a federal agency that the state

If you paid more than $10,000 in

Line 3 — Schedule B Totals

than $500 per month.

Minnesota excise taxes during the last

of Minnesota is prohibited from taxing;

• Monthly filing. Tax must average $500

B1. List only those customer returns on

and

fiscal year ending June 30, you are required

or more per month.

which wine tax has been paid to the state,

to make your payments electronically.

• sales to the established governing

and for which a credit memo has been

You must also pay electronically if you’re

body of an Indian tribe as set forth in

Due Date

issued to the customer.

required to pay any Minnesota business tax

M.S. 297G.08.

electronically, such as sales and withholding

Tax returns and payments must be filed

B2. List customer returns on which wine

C2. List all authorized breakage and super-

taxes.

and paid as follows:

tax has not been paid to the state and any

vised destruction.

tax-exempt sales that have been returned to

Go to and

Annually: File and pay by the 18th day

C3. List any miscellaneous adjustments,

inventory during the period.

of January following the calendar year in

corrections or transactions that decreased

Internet access, you can pay by phone at

which the sales were made.

B3. List any miscellaneous adjustments/

your inventory. If using this schedule,

1-800-570-3329. You’ll need your bank

corrections that increased your inventory

Quarterly: File and pay by:

please provide a description of the subtrac-

routing and account numbers. When

such as samples or free goods not included

• April 18 for the quarter ending March

tion listed.

paying electronically, you must use an

in the purchases.

31;

account not associated with a foreign bank.

Line 6 — Ending inventory

• July 18 for the quarter ending June 30;

Note: If you’re currently paying elec-

• Oct. 18 for the quarter ending Sept. 30;

The ending inventory should agree with, or

tronically using the ACH credit method,

reconcile to, your ending book inventory.

and

continue to call your bank as usual. If you

This will be your next period’s beginning

• Jan. 18 for the quarter ending Dec. 31.

wish to make payments using the ACH

inventory.

Monthly: File and pay by the 18th day of

credit method, instructions are available at

the month following the month in which

Line 14 — Audit adjustments

the sales were made.

List any audit adjustments or other credits

Paying by Check

for the period.

If the due date falls on a weekend or

If you are paying by check, complete

holiday, returns and payments received the

Payment Voucher PV85 and include with

next business day are considered timely.

your payment.

Note: As pursuant M.S. 297G.09, subd. 1, a

return must be filed regardless of whether any

tax liability is due.

Form Lb56f - Farm Winery Tax Return Page 5

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