Wholesale Drug Distributor Tax Instructions - Minnesota Department Of Revenue - 2016 Page 6

ADVERTISEMENT

Your 2016 annual return is due March 15, 2017.
File electronically in e-Services starting January 23, 2017.
2016 Worksheet C
Wholesale Drug Distributor Tax Return
Complete this worksheet to determine your Wholesale Drug Distributor Tax. You’ll need this information when you electronically
file your return. Refer to the 2016 MinnesotaCare Wholesale Drug Distributor Tax Instructions.
Check if this is an amended return
Minnesota Tax ID Number
Tax Type:
Total Estimated Payments for 2016
Wholesale Drug Distributor Tax
Round amounts to the
nearest whole dollar.
1 Legend Drug Sales. Enter the total amount received from the sale of legend drugs in Minnesota . . . . . . . . . . . . . . 1
2 Out-of-State Pharmacies. Enter the amount you paid to purchase legend drugs you sold to
consumers in Minnesota . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3 Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Sales to Veterinarians. Of the amount on line 3, enter the amount received from the sale of legend drugs
to veterinarians . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Wholesale Drug Distributor Tax. Multiply line 5 by 2% ( .02) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
File Your Return Electronically
Go to and log in to e-Services .
Select the 2016 filing period. Enter the amounts above and verify any estimated payments you’ve made during the year. Your refund
or tax due will be calculated for you based on the information you enter . If you are required to pay any penalty, interest, or additional
charge for underpaying estimated tax, the e-Services system will also calculate these amounts for you .
You will receive a confirmation number if your return is filed successfully. Print and keep the confirmation page with your records.
6
(12/16)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 6