Form LB123 Common Carrier Excise Tax Return - Minnesota

What Is Form LB123?

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.

FAQ

Q: What is Form LB123?
A: Form LB123 is the Common Carrier Excise Tax Return in Minnesota.

Q: Who needs to file Form LB123?
A: Common carriers operating in Minnesota need to file Form LB123.

Q: What is the purpose of Form LB123?
A: The purpose of Form LB123 is to report and pay the common carrier excise tax.

Q: How often do I need to file Form LB123?
A: Form LB123 should be filed on a monthly basis.

Q: What information do I need to complete Form LB123?
A: You will need to provide information about your company and its operations, as well as the amount of taxable gross receipts.

Q: When is the deadline to file Form LB123?
A: Form LB123 is due on the 20th of the month following the end of the reporting period.

Q: Are there any penalties for not filing Form LB123?
A: Yes, there are penalties for failure to file or late filing of Form LB123.

Q: How do I pay the common carrier excise tax?
A: You can pay the common carrier excise tax electronically using the Minnesota Department of Revenue's e-Services system.

Q: Can I file Form LB123 electronically?
A: Yes, you can file Form LB123 electronically using the Minnesota Department of Revenue's e-Services system.