Hospital And Surgical Center Taxes - Minnesota Department Of Revenue

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MinnesotaCare Estimated Tax Instructions
Hospital and Surgical Center Taxes
Estimated Tax Payment
Electronic Payment
Credit or Debit Card
For a fee, you may charge your payments to
Requirements
Requirements
your Visa, MasterCard, American Express,
If you are a hospital or surgical center and
You are required to pay electronically if
or Discover credit or debit card. To do so,
you expect your total annual Minneso-
your tax liability was more than $10,000
have your card ready and go to
taCare tax liability to be more than $500,
for any one Minnesota business tax during
or call
you must make monthly estimated tax
the previous fiscal year (July 1–June 30).
1-855-947-2966.
payments based on your required annual
If you are required to pay any Minnesota
ACH Credit
estimated tax payment.
business tax electronically for one year,
ACH credit payments are initiated by you
you must pay all Minnesota business taxes
Required Annual Estimated Tax Payment.
through your bank. You authorize your
The required annual estimated tax payment
electronically for all future years.
bank to transfer funds to the state’s bank
is the lesser of 90 percent of your actual tax
A 5 percent penalty will be assessed if you
account. The bank must use ACH file for-
for the current year or 100 percent of your
fail to pay electronically when required,
mats, which are available on our website.
actual tax for the previous year.
even if a check payment is received on
Your bank may charge you a fee for these
To determine your required annual estimat-
time.
payments.
ed tax payment and the minimum amount
Electronic Payment Options
Bank Wire
you must pay each month, complete the
You can authorize a direct transfer from
worksheet on page 2.
e-Services
your bank account to the Minnesota Depart-
Additional Charge for Underpayment of
You can make payments using our
ment of Revenue. For information on how
Estimated Tax. If any payment is paid late
e-Services system online or by phone. If
to make a bank wire transfer, call us at 651-
or is less than the required amount, an ad-
you choose to pay through e-Services,
556-3003 or 1-800-657-3909.
ditional tax charge (ATC) for underpayment
you’ll be able to view a record of your
Information and Assistance
of estimated tax will be assessed.
payments online once the payments are
processed.
Website:
The department’s e-Services system will
calculate the additional charge, if any, when
• To pay online, go to our website at
Email:
MinnesotaCare.tax@state.mn.us
you file your annual MinnesotaCare tax
and log in to
Phone: 651-282-5533
return.
e-Services.
Weekdays, 8 a.m. – 4:30 p.m.
• To pay using our automated phone sys-
Due Dates
This information is available in alternate
tem, call 1-800-570-3329.
Monthly estimated tax payments are due
formats.
by the 15th day of the month following the
To be timely, you must submit your transac-
end of the month in which you received the
tion and receive a confirmation number
receipts.
on or before the payment due date. When
paying electronically, you may not use an
If the due date falls on a weekend or legal
account associated with a foreign bank.
holiday, payments electronically made or
postmarked the next business day are con-
sidered timely.
Continued
1
(Rev. 1/18)

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