Form M3 - Partnership Return - 2017 Page 3
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3*173031*
2017 M3A, Apportionment and Minimum Fee
All partnerships must complete M3A to determine its Minnesota source income and minimum fee . See M3A
instructions beginning on page 6.
A
B
C
In Minn.
Total
Factors (A ÷ B)
(carry to 5 decimal places)
Property
1a
1 a Average value of inventory . . . . . . . . . . .
b Average value of buildings, machinery
and other tangible property owned . . . .
1b
1c
c Average value of land owned . . . . . . . . .
Total average value of tangible property
owned at original cost (add lines 1a-1c) . . . .
1
2 Capitalized rents paid by partnership
2
(gross rents paid x 8) . . . . . . . . . . . . . . . . . . .
3
3 Add lines 1 and 2 . . . . . . . . . . . . . . . . . . . . . .
Payroll
4 Total payroll, including guaranteed
4
payments to partners . . . . . . . . . . . . . . . . . . .
Sales
5
5 Sales (including rents received) . . . . . . . . . . .
Minimum Fee Calculation
6 Total of lines 3, 4 and 5 in column A . . . . . . .
6
7 Adjustments (see instructions, page 7) . . . .
7
(Identify pass-through entity and enclose schedule.)
Schedule KPC MUST be included.
8 Combine lines 6 and 7 . . . . . . . . . . . . . . . . . .
8
9 Minimum fee (determine using the amount
on line 8 and the table below) . . . . . . . . . . . .
9
Enter this amount on line 1 of your Form M3.
Minimum Fee Table
* The following partnerships do not have to pay a
If line 8 of M3A is:
your minimum fee* is:
minimum fee:
Less than $970,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $0
• Farm partnerships with more than 80 percent of
$970,000 to $1,959,999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $200
income from farming
$1,960,000 to $9,769,999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $590
If you are exempt from the minimum fee, enter
$9,770,000 to $19,539,999 . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,960
zero on line 9 above and on line 1 of Form M3 .
$19,540,000 to $39,079,999 . . . . . . . . . . . . . . . . . . . . . . . . . . $3,910
$39,080,000 or More . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $9,770
9995
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