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What’s New

Unrelated Business Income (UBI) Tax.

Simplified Annual Certified

Reminders

Gambling activities are considered

Inventory and Cash Count

Organizations are required to round

unrelated business income. Organiza-

to the nearest dollar when completing

Process

tions with unrelated business income are

Form G1 and supporting schedules (M.S.

required to annually file Form M4NP,

• Lawful Gambling organizations now

270C.301).

Unrelated Business Income Tax Return

have up to 30 days after their fiscal year

If you are a new lawful gambling organi-

(available on our website). If you have

end to complete and submit the Certified

zation, you must register with the Depart-

questions, send an email to ubi.taxes@

Inventory and Cash Count Summary.

ment of Revenue. You can register three

state.mn.us.

• Complete only two forms now, Form

ways:

Reporting electronic pull-tabs. If you

INV, Annual Certified Physical Inventory

– Online using e-Services. Go to www.

conduct electronic pull-tabs, you must

and Cash Count by Site, and Form CI,

revenue.state.mn.us. Click on

file your return electronically. Note: You

Annual Certified Physical Inventory and

e-Services Login for Businesses.

must file an amended return on paper.

Cash Count Summary. We have elimi-

Click on Sign Up under New Users.

nated Form CC, Annual Certified Cash

e-Services. e-Services is a secure online

– Call our Business Registration Office

Count by Site.

service that is provided to individuals

at 651-282-5225 or 1-800-657-3605.

and businesses. Currently lawful gam-

• If an organization conducts paper

– Complete Form ABR, Application

bling organizations can pay taxes, view

bingo, a copy of Form LG903, Physical

for Business Registration, and submit

letters and payments, update contact

Inventory/Bingo Paper Monthly

either by mail or fax (for details, see

information and send the Department of

Summary for each site must be included

ABR instructions, available on our

Revenue secured messages 24 hours a

with the inventory.

website).

day, seven days a week. To use our free

Bingo Placards

If you changed your mailing or main

e-Services system, go to

address and/or contact information, you

A bingo placard is a new form of bingo.

state.mn.us and click on the e-Services

must notify the Department of Revenue.

The numbers are called from a board and

You can update your information three

not from balls. We will have instructions on

right-hand corner. If it is your first time

ways:

how to report this bingo activity once the

logging in, you may need to contact the

rules and regulations are determined.

Department of Revenue.

– Online using e-Services. Go to www.

revenue.state.mn.us and log in to

Raffle Boards

Note: Raffle boards must be reported on

e-Services.

Form INV.

A raffle board is a new form of raffle.

– Call our Business Registration Office

People who participate in the raffle write

Keep gambling records. Gambling-

at 651-282-5225 or 1-800-657-3605.

their name in squares on the board. Game

related records must be kept for at least

identifiers (manufacturer ID, part number,

– Check the box on Form G1 to indicate

3½ years. Played game remnants are

and serial number) will be on each raffle

you have a new mailing address.

considered tax records.

board.

To make sure that your returns and pay-

Amended returns. You must file

You must report all raffle board activity on

ments are correctly processed, you must

amended returns on paper.

the Schedule B2, Lawful Gambling Report

include the following information on

of Barcoded Games, and line 2 of Form G1,

your return:

Lawful Gambling Monthly Tax Return. You

• Minnesota Tax ID Number

must also include all raffle boards on Form

• Federal ID number (FEIN)

INV, Annual Certified Physical Inventory

• License number

by Site, when you complete your annual

certified inventory at the end of your fiscal

year. Keep game remnants and records for

3½ years from the due date of the return on

which the game was played.

Continuation Raffles

Continuation raffles will be reported and

taxed in the month the first drawing is held.

Minnesota Lawful Gambling Tax Instructions Booklet - Minnesota Department Of Revenue Page 3

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