This version of the form is not currently in use and is provided for reference only. Download this version of Form MRT1 for the current year.
This is a legal form that was released by the Minnesota Department of Revenue - a government authority operating within Minnesota. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Form MRT1?
A: Form MRT1 is the Mortgage Registry Tax form.
Q: What is the Mortgage Registry Tax in Minnesota?
A: The Mortgage Registry Tax is a tax imposed on the recording of certain mortgages in the state of Minnesota.
Q: What is the purpose of Form MRT1?
A: Form MRT1 is used to report and pay the Mortgage Registry Tax.
Q: Who needs to file Form MRT1?
A: Lenders or persons who are responsible for the payment of the Mortgage Registry Tax in Minnesota need to file Form MRT1.
Q: When is Form MRT1 due?
A: Form MRT1 is generally due within 30 days after the mortgage is recorded.
Q: Are there any exemptions from the Mortgage Registry Tax?
A: Yes, there are certain exemptions and exclusions from the Mortgage Registry Tax. You should consult the instructions for Form MRT1 or seek professional advice to determine if you qualify for any exemptions.
Q: What happens if I don't file Form MRT1 or pay the Mortgage Registry Tax?
A: Failure to file Form MRT1 or pay the Mortgage Registry Tax may result in penalties and interest being assessed by the Minnesota Department of Revenue.
Q: Can I file Form MRT1 electronically?
A: Yes, you can file Form MRT1 electronically through the Minnesota Department of Revenue's e-Services.
Form Details:
Download a fillable version of Form MRT1 by clicking the link below or browse more documents and templates provided by the Minnesota Department of Revenue.