Minnesota Income Tax Withholding - Minnesota Department Of Revenue - 2017 Page 3
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34What’s New
Interest Rate
Two-step Verification
Due Date Change for
The 2017 interest rate is 4 (.04) percent.
The Minnesota Department of Revenue
Reconciliation Statements
added an extra layer of security to our
The due date for Form W-2 information
Tax Law Changes
e-Services system. To log in to e-Services
and required Form 1099 information is
For detailed information on tax law
you must enter a username, password, and
now January 31. This date also matches IRS
changes, go to our website and choose Tax
verification code we send you to access your
reporting requirements.
Law Changes on the home page.
account. See page 12 for more information.
The due date for Form ETA, Nonresident
Military Retirement Pay
Seasonal Businesses
Entertainer Tax Promoter’s Annual
Individuals receiving certain types of mili-
If you consistently withhold tax in the
Reconciliation, is also January 31.
tary pensions or other military retirement
same quarters each calendar year but don’t
Due Date Change for Annual Filers
pay may claim exempt from Minnesota
withhold in all four, you may choose to
withholding on this income by providing
Employers with a withholding history of
deposit and file for only the quarters you
you with a completed Minnesota Form
less than $500 per year are eligible to file
pay wages. For more information, go to our
W-4MN.
and pay their Withholding Tax annually.
website and type Withholding for Seasonal
The due date for the Withholding Tax
Businesses in the Search box.
annual return and payment is now January
31.
Register for a Minnesota Tax ID Number
You must register to file withholding tax if
• You make mining and exploration royalty
To register for a Minnesota tax ID
any of the following are true:
payments on which you are required to
number, go to our website. If you do not
withhold Minnesota taxes
have Internet access, contact Business
• You have employees and anticipate with-
Registration (see page 2).
holding tax from their wages in the next
• You are a corporation with corporate
30 days
officers performing services in Minnesota
Note: If your business currently has a
who will have withholding from their
• You agree to withhold Minnesota taxes
Minnesota tax ID number for other
wages
when you are not required to withhold
Minnesota taxes, you can add a withholding
tax account to your number. To update your
If you do not register before you start with-
• You pay nonresident employees to do
business information, log into e-Services or
holding tax, you may be assessed a $100
work for you in Minnesota (see “Excep-
contact Business Registration (see page 2).
penalty.
tions” on page 4)
Employers Using Payroll Services
As an employer, you are responsible for
Payroll service companies (also known as
Your payments must be made electronically
ensuring your returns are filed and pay-
third-party bulk filers) must register with us
if you use a payroll service company.
ments are made on time even if you con-
and give us a list of clients for whom they
Note: You can call our withholding tax
tract with a payroll service company. We are
provide tax services. They are required to
information line (see page 2) during busi-
required to notify you of any underpayment
electronically send to us any tax they collect
ness hours to verify your deposit and return
on your withholding account. If you receive
from clients.
information.
a notice, work with your payroll service
For details, see Fact Sheet 5.
company to decide which of you will con-
tact us to correct your account.
Third-Party Bulk Filers - Payroll Service Providers
A third-party bulk filer—also known as
File Returns and Deposit Tax
Both options use the e-Services system. You
a payroll service provider—is a person or
Electronically
can find file layout information on our web-
company who has custody or control over
As a third-party bulk filer, you are required
site. Type File Formats in the Search box.
another employer’s funds for the purpose of
to file returns, make deposits, and submit
Update Client Information
filing returns and depositing tax withheld.
W-2 and 1099 information electronically
You must provide us with updated client
using e-Services. Go to our website to log in
Register for a Minnesota tax ID number
information at least once per month if you
to e-Services.
Both you as a third-party bulk filer and
have clients to add or remove. To update
each of your clients, must have a valid
When filing returns, you can manually enter
client information, go to our website and
Minnesota tax ID number. To get a tax
each client’s filing information or send an
login to e-Services.
ID number, go to our website and click
electronic file (in a spreadsheet format) that
For additional information, including regis-
Business Center under For Businesses,
contains the information for your clients.
tering and responsibilities, see Fact Sheet 5.
or call 651-282-5225 or 1-800-657-3605
during business hours.
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