Name of Corporaon Federal ID Number Minnesota Tax ID
Mailing Address
Check if New Address
Former name, if changed since 2018 return:
City State ZIP Code
1 S corporaon taxes (place an X in all that apply):
Federal Schedule D taxes Passive income
LIFO recapture ....................................... 1
(enclose computaon)
2 Minimum fee from M8A, line 9 (see M8A instrucons, pg. 8) ..... 2 (enclose M8A)
3 Composite income tax for nonresident shareholders ........... 3 (enclose Schedules KS)
4
Minnesota income tax withheld for nonresident shareholders.
If you received Form AWC from a shareholder, check box: . 4 (enclose Forms AWC)
5 Add lines 1 through 4.....................................................................5
6 Employer Transit Pass Credit not passed through to shareholders,
limited to the sum of lines 1 and 2 above (enclose Schedule ETP)...............................6
7 Tax Credit for Owners of Agricultural Assets not passed through to shareholders,
limited to the sum of lines 1 and 2 above ..................................................7
Enter the cercate number from the cercate you received from the
Rural Finance Authority: AO ___- ___________
8 Add lines 6 and 7 ........................................................................8
9 Subtract line 8 from line 5 (if result is zero or less, leave blank).................................9
10 Minnesota Nongame Wildlife Fund donaon (see instrucons, pg. 4).
This will reduce your refund or increase your tax ...........................................10
11 Add lines 9 and 10 ....................................................................11
12 Enterprise Zone Credit not passed through
to shareholders (enclose Schedule EPC) ...................... 12
13 Esmated tax and/or extension payments made for 2019 ......13
14 Add lines 12 and 13 ...................................................................14
15 Tax due. If line 11 is more than line 14, subtract line 14 from line 11 ..........................15
Tax year beginning , 2019, ending
Qualied Subchapter
S Subsidiary
Composite
Income Tax
Financial
Instuon
Out of Business (see
instrucons, pg. 4)
Inial
Return
Number of Shareholders:
Number of Schedule KS:
Round amounts to nearest whole dollar
2019 M8, S Corporaon Return
9995
Connued next page
Installment Sale of Pass-
through Assets or Interests
Public Law
86-272
*198011*
9995
2019 M8, page 2
Name of Corporaon Federal ID Number Minnesota Tax ID
16 Penalty (see instrucons, pg. 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Interest (see instrucons, pg. 5) .........................................................17
18 Addional charge for underpayment of esmated tax (aach Schedule EST) ....................18
19 AMOUNT DUE. If you entered an amount on line 15, add lines 15 through 18. ..................19
Payment method:
Electronic (see inst., pg. 2), or
Check (see inst., pg. 2)
20 Overpayment. If line 14 is more than the sum of lines
11 and 18, subtract line 11 and line 18 from line 14............ 20
21 Amount of line 20 to be credited to your 2020 esmated tax ....21
22 REFUND. Subtract line 21 from line 20 ...................... 22
23 To have your refund direct deposited, enter the following. Otherwise, you will receive a check.
Account type: Roung number Account number (use an account not associated with any foreign banks)
Checking
Savings
Round amounts to nearest whole dollar
Signature of Ocer Date Dayme Phone
Print Name of Ocer Email address for correspondence, if desired This email address belongs to:
Employee
Paid Preparer
Other
Paid Preparers Signature Date Dayme Phone Preparer’s PTIN
Include a complete copy of federal Form 1120S, Schedules K and K-1, and other federal schedules
Mail to: Minnesota S Corporaon Income Tax, Mail Staon 1770, St. Paul, MN 55145-1770
I authorize the MN Dept. of
Revenue to discuss this tax return
with the person below.
I do not want my paid preparer
to le my return electronically.
*198021*
2019 M8A, Apporonment and Minimum Fee
All S corporaons must complete M8A to determine its Minnesota source income and minimum fee. See M8A instrucons
beginning on page 7. Enclose a copy of your balance sheet.
9995
A B C
In Minn. Total Factors (A ÷ B)
(carry to 5 decimal places)
Property
1 a Average value of inventory ..........1a
b Average value of buildings, machinery
and other tangible property owned ...1b
c Average value of land owned ........1c
d Financial instuons only:
Average intangible property owned....1d
Total average value of tangible property
owned at original cost (add lines 1a-1d) ......1
2 Capitalized rents paid by S corporaon
(gross rents paid x 8) ...................2
3 Add lines 1 and 2 ......................3
Payroll
4 Total payroll, including ocers’
compensaon..........................4
Sales
5 Sales (including rents received) ...........5
(If line 5, column B is zero, see instrucons, page 7.)
Minimum Fee Calculaon
6 Total of lines 3, 4 and 5 in column A .......6
7 Adjustments (see instrucons, page 8) .....7 (Idenfy pass-through enty and enclose schedule.)
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 2 of your Form M8.
Minimum Fee Table
If line 8 of M8A is: your minimum fee is:
Less than $1,020,000 ................................. $0
$1,020,000 to $2,039,999 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $210
$2,040,000 to $10,209,999 ............................ $610
$10,210,000 to $20,409,999 .......................... $2,040
$20,410,000 to $40,819,999 .......................... $4,090
$40,820,000 or More ............................... $10,210
*198111*