Partnership Estimated Tax Instructions

Estimated payments for partnerships filing Form M3

Filing Requirements

If the due date falls on a Saturday, Sunday

The Department of Revenue does not have

or legal holiday, payments electronically

any financial agreement with Value Pay-

A partnership, limited liability company

made or postmarked the next business day

ment Systems and does not receive any of

or limited liability partnership must pay

are considered timely.

its fees.

estimated tax if the sum of its estimated

minimum fee, nonresident withholding and

Underpaying Installments. If you under-

ACH Credit Method and Fed Wire. If

composite income tax for all nonresident

pay any installment or did not pay by the

you use other electronic payment methods,

partners electing to participate in compos-

due dates, an additional charge for under-

such as ACH credit method or Fed Wire, be

ite income tax, less any credits, is $500 or

payment will be added to your tax (see

sure to check with your bank or Fed Wire

Schedule EST).

representative to find out when to initiate

the payment in order for it to be received on

The partnership must pay quarterly install-

Minnesota Tax ID Number. If you don’t

time. Some banks require up to three busi-

ments based on its required annual pay-

have a Minnesota ID number, you must

ness days to transfer funds. If needed, ACH

ment. If the minimum fee/nonresident

first apply for one. You can apply online at

credit method instructions are available on

withholding and composite income tax are

or by calling 651-

our website at .

subject to the estimated tax requirements,

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

include all in the same quarterly payments.

Check Payment Option

Paying Electronically

If you’re not required to pay electronically

A partnership is not required to pay esti-

If you’re required to pay any Minnesota

and are paying by check, visit our website

mated taxes the first year it is subject to tax

business tax electronically, you’re required

at and click on

in Minnesota.

to pay all Minnesota taxes electronically—

“Make a Payment” and then “By check” to

Required Annual Payment. The required

including partnership estimated tax.

create a voucher. Print and mail the voucher

annual payment is the lesser of:

with a check made payable to Minnesota

Failure to pay electronically when required

Revenue.

• 90 percent of the current year’s tax liabil-

will result in a penalty being assessed. The

ity; or

penalty is 5 percent of each payment that

When you pay by check, your check autho-

should have been remitted electronically,

• 100 percent of the prior year’s tax liability.

rizes us to make a one-time electronic fund

but was remitted by some other means.

transfer from your account. You may not

The required annual payment must be paid

receive your cancelled check.

Electronic Payment Options

in four equal installments unless certain

• Go to and log

exceptions apply (see the instructions for

Tax-Year End Date. Enter the ending date

in to e-Services; or

Schedule EST, Additional Charge for Un-

of the tax year for which the estimated tax

derpayment of Estimated Tax).

payment is being made. For example, if

• Call 1-800-570-3329 to pay by phone.

your tax year ends on Dec. 31, 2018, enter

You can pay your installments electroni-

You’ll

need your user name, password

December 2018 on each of the four install-

cally or by credit/debit card. If you’re not

and banking information. When paying

ments.

required to pay electronically and are

electronically, you must use an account not

associated with any foreign banks.

paying by check, visit our website at www.

Make your check payable to Minnesota

revenue.state.mn.us and click on “Make a

Revenue and mail it with your completed

After you authorize the payment, you’ll re-

Payment” and then “By check” to create a

voucher to Minnesota Revenue.

ceive a confirmation number. You can can-

voucher. Print and mail the voucher with a

cel a payment up to one business day before

Information and Assistance

check made payable to Minnesota Revenue.

the scheduled payment date, if needed.

Website:

Due Dates. Quarterly installments are due

Credit or Debit Card. For a fee, you can

Email:

BusinessIncome.tax@state.mn.us

by the 15th day of the fourth, sixth and

use your credit or debit card to make a

Phone: 651-556-3075

ninth months of the tax year and the first

payment through Value Payment Systems, a

month following the end of the tax year.

This material is available in alternate

national company that partners with federal,

formats.

state and local governments to provide

Installments for a short tax year are due in

credit and debit card payment services.

equal payments on the 15th day of the third,

sixth, ninth and final months of the tax year

To do so:

depending on the number of months in the

• Go to payMNtax.com; or

short tax year. No installments are required

• Call 1-855-9-IPAY-MN.

for a short tax year of fewer than four

months.

Pay electronically!

Stop writing checks

It’s Secure, Easy, Convenient, Free

(Rev. 6/17)

Partnership Estimated Tax Instructions - Minnesota Department Of Revenue

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