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Unrelated Business Income Tax Filing Requirements

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Tax-exempt organizations doing business in Minnesota that file federal Unrelated Business Income Tax (UBIT) returns, such as forms 990-T, 1120-C, 1120-H, or 1120-POL, are required to file Minnesota's Form M4NP, Unrelated Business Income Tax Return, and pay tax on the Minnesota federal taxable income.

Note: Organizations must file Form 990-T if the gross income from all unrelated businesses is $1,000 or more, in addition to filing any other required returns or notices such as forms 990, 990-EZ, or 990-N.

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When are the return and payment due? [+]

The due date for filing Form M4NP and paying the tax owed follows the federal due date.

If you file federal form	File M4NP and pay tax by the 15th day of the
1120-H or 1120-POL	Fourth month after the end of the tax year
990-T	Fifth month after the end of the tax year
1120-C	Ninth month after the end of the tax year

Short-year returns are due by the 15th day of the third month following the month in which the short year ends.

Note: If you file federal Form 1120, file Form M4, Corporate Franchise Tax Return.

How do I file? [+]

What if I need to amend a return? [+]

If you or the IRS makes changes to your federal return, you must amend your UBIT return within 180 days to reflect the federal changes.

If you amend your return, file a new Form M4NP for that year (including schedules M4NPA and M4NPI).

Check the “Amended return” box near the top of the form. When you file, include a copy of your amended federal return or IRS correction notice.

Note: If you do not report the federal changes as required, we will assess a 10% penalty on any additional tax due, plus interest.

What are my payment options? [+]

Contact Info

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Last Updated

December 11, 2024