Minnesota discusses upcoming deadline for withholding tax returns

The Minnesota Department of Revenue has issued a bulletin reminding taxpayers that the due date for filing their personal income withholding tax return for the second quarter (April to June 2016) is July 31, 2016. Deposits are due according to the taxpayer’s semi-weekly or monthly deposit schedule. If the amount withheld by a taxpayer for the first quarter (January to March 2016) was $1,500 or less, the deposit is due on July 31, 2016. However, because July 31, 2016, is a Sunday, returns and payments will be considered timely if received by August 1, 2016. Additional details regarding filing and depositing is available in the Minnesota Income Tax Withholding Instruction Booklet (http://www.revenue.state.mn.us/businesses/withholding/Pages/Forms.aspx). (Bulletin, Minnesota Department of Revenue, July 28, 2016.)

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