Minnesota Individual Income Tax Forms And Instructions - 2017 Page 19

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Payment Options
After you get the bill, you can request a
To determine how much you owe, subtract
Can I pay electronically?
payment plan by calling 651-556-3003 or
your withholding and tax credits from the
To pay electronically:
1-800-657-3909 or at
tax on your earnings.
• Go to mn.us, and
mn.us.
click Make a Payment and use our
See Individual Estimated Tax Payments
There is a $50 nonrefundable fee to set up
e-Services Payment System
Instructions on our website for details on
a payment plan.
how to estimate and pay your tax.
• Call 1-800-570-3329 to pay by phone
Find additional payment plan information
To make estimated payments electroni-
Select Pay electronically from your
at mn.us.
cally:
bank account or Pay electronically with
• Go to mn.us, and
your credit or debit card (fee) and follow
Should I make estimated payments?
choose Make a Payment under For
the prompts to make your payment. You
Make estimated payments if any of the
Individuals
cannot use a foreign bank account. Save
following apply:
the confirmation number and date stamp
• Call 1-800-570-3329 to pay by phone
• You expect to owe $500 or more in
from your payment.
Minnesota tax for 2018
You can schedule all four payments at one
Can I pay by credit or debit card?
• Minnesota tax wasn’t withheld from
time. Do not use a foreign bank account.
your earnings
To make a payment with a card:
If you make estimated payments by check,
• Your income includes pensions, com-
• Go to
send your payment with a payment vouch-
missions, dividends or other sources
• Call 1-855-9-IPAY-MN (1-855-947-
er. Go to our website at
not subject to withholding
state.mn.us, choose Make a Payment and
2966) Monday – Friday from 7:00 a.m.
Once you choose to apply all or part of
Pay with check and voucher and click
to 7:00 p.m)
your 2017 refund to your 2018 estimated
Begin Payment Voucher to create a pay-
Credit card payments are processed by
tax, it cannot be changed.
ment voucher.
Value Payment Systems LLC, which
charges a convenience fee for this service.
Send your voucher and check to the ad-
For help with your credit card payment,
dress provided on the voucher. You may
call 1-888-877-0450. Select option 1 (live
print multiple vouchers for estimated
operator) Monday – Friday from 7:00 a.m.
payments.
to 7:00 p.m.
Can I pay by check or money order?
Worksheet to Determine Penalty and Interest
Go to our website at
mn.us and choose Make a Payment and
1. Tax not paid by April 17, 2018 . . . . . . . . . . . . . . . . . . . . . .
then Pay with check and voucher or Pay
2. Late payment penalty* Multiply step 1 by 4% (.04) . . . . . .
with money order and voucher. Click
3. Late filing penalty. If you are filing your return after
Begin Payment Voucher to create a
October 15, 2018, multiply step 1 by 5% (.05) . . . . . . . . . .
voucher. Print the voucher and mail with a
4. Extended delinquency. If your tax is not paid within
check made payable to Minnesota Rev-
180 days after filing your return,
enue.
multiply step 1 by 5% (.05) . . . . . . . . . . . . . . . . . . . . . . . . .
If you are filing a paper return, send the
voucher and your check or money order
5. Add steps 1 through 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
separately from your return to ensure that
6. Number of days the tax is late **. . . . . . . . . . . . . . . . . . . . .
your payment is properly credited to your
account. Your check authorizes us to make
7. Enter the applicable interest rate.
a one-time electronic fund transfer from
For 2018, the rate is 4% (.04) . . . . . . . . . . . . . . . . . . . . . . .
your account. You will not receive your
8. Multiply step 6 by step 7 . . . . . . . . . . . . . . . . . . . . . . . . . . .
canceled check.
9. Divide step 8 by 365 (carry to five decimal places). . . . . . .
What if I can’t pay the full amount?
10. Interest. Multiply step 5 by step 9 . . . . . . . . . . . . . . . . . . .
If you owe taxes, pay as much as you
can when you file your tax return. If you
11. Total payment amount. Add step 5 and step 10 . . . . . . . . .
cannot pay in full by the filing due date,
*If you are filing your return after April 17, 2018, and paid at least 90% of your total tax
make monthly payments using a payment
by the due date, you will not be charged the late payment penalty if you file your
voucher until you receive a bill.
return and pay any remaining tax by October 15, 2018.
**If the days fall in more than one calendar year, determine steps 6 through 10
separately for each year.
19

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