Partnership Estimated Tax Instructions

Estimated payments for partnerships filing Form M3

Filing Requirements

If the due date falls on a Saturday, Sunday or

The Department of Revenue does not have

legal holiday, payments electronically made

any financial agreement with Value Pay-

A partnership, limited liability company

or postmarked the next business day are

ment Systems and does not receive any of

or limited liability partnership must pay

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 you

composite income tax for all nonresident

pay any installment or did not pay by the

use other electronic payment methods,

partners electing to participate in composite

due dates, an additional charge for under-

such as ACH credit method or Fed Wire, be

income tax, less any credits, is $500 or more:

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 partnership must pay quarterly

the payment in order for it to be received on

installments based on its required annual

Minnesota Tax ID Number. If you don’t

time. Some banks require up to three busi-

payment. If the minimum fee/nonresident

have a Minnesota ID number, you must

ness days to transfer funds. If needed, ACH

withholding and composite income tax are

first apply for one. You can apply online at

credit method instructions are available on

subject to the estimated tax requirements,

or by calling 651-

our website at .

include all in the same quarterly payments.

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

Check Payment Option

A partnership is not required to pay esti-

Paying Electronically

If you’re not required to pay electronically

mated taxes the first year it is subject to tax

If you’re required to pay any Minnesota

and are paying by check, visit our website

in Minnesota.

business tax electronically, you’re required

at and click on

Required Annual Payment. The required

to pay all Minnesota taxes electronically—

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

annual payment is the lesser of:

including partnership estimated tax.

create a voucher. Print and mail the voucher

with a check made payable to Minnesota

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

Failure to pay electronically when required

Revenue.

ity; or

will result in a penalty being assessed. The

penalty is 5 percent of each payment that

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

When you pay by check, your check autho-

should have been remitted electronically,

rizes us to make a one-time electronic fund

The required annual payment must be paid

but was remitted by some other means.

transfer from your account. You may not

in four equal installments unless certain

receive your cancelled check.

Electronic Payment Options

exceptions apply (see the instructions for

• Go to and log

Schedule EST, Additional Charge for Under-

Tax-Year End Date. Enter the ending date

in to e-Services; or

payment of Estimated Tax).

of the tax year for which the estimated tax

payment is being made. For example, if

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

You can pay your installments electronically

your tax year ends on Dec. 31, 2016, enter

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

You’ll

need your user name, password

“123116” on each of the four installments.

quired to pay electronically and are paying

and banking information. When paying

by check, visit our website at

electronically, you must use an account not

Make your check payable to Minnesota

state.mn.us and click on “Make a Payment”

associated with any foreign banks.

Revenue and mail it with your completed

and then “By check” to create a voucher.

voucher to Minnesota Revenue.

After you authorize the payment, you’ll re-

Print and mail the voucher with a check

ceive a confirmation number. You can can-

Information and Assistance

made payable to Minnesota Revenue.

cel a payment up to one business day before

Website:

Due Dates. Quarterly installments are due

the scheduled payment date, if needed.

Email:

BusinessIncome.tax@state.mn.us

by the 15th day of the fourth, sixth and

Credit or Debit Card. For a fee, you can use

Phone: 651-556-3075

ninth months of the tax year and the first

your credit or debit card to make a payment

month following the end of the tax year.

This material is available in alternate for-

through Value Payment Systems, a national

mats.

Installments for a short tax year are due in

company that partners with federal, state

equal payments on the 15th day of the third,

and local governments to provide credit and

sixth, ninth and final months of the tax

debit card payment services.

year depending on the number of months

To do so:

in the short tax year. No installments are

• Go to payMNtax.com; or

required for a short tax year of fewer than

• Call 1-855-9-IPAY-MN.

four months.

Pay electronically!

Stop writing checks

It’s Secure, Easy, Convenient, Free

(Rev. 9/16)

Partnership Estimated Tax Instructions - Minnesota Department Of Revenue

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