Form UT1 Individual Use Tax Return - Minnesota

What Is Form UT1?

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 UT1?
A: Form UT1 is the Individual Use Tax Return used in Minnesota.

Q: Who should file Form UT1?
A: Any individual who has made purchases subject to use tax in Minnesota should file Form UT1.

Q: What is use tax?
A: Use tax is a tax on goods and taxable services that are used, stored, or consumed in Minnesota and were not subject to sales tax.

Q: When should Form UT1 be filed?
A: Form UT1 should be filed annually by April 15th.

Q: Are there any exemptions to the use tax?
A: Yes, there are certain exemptions to the use tax. Refer to the instructions for Form UT1 for more information.

Q: What supporting documents are required with Form UT1?
A: Generally, you will need to provide documentation of your purchases subject to use tax, such as receipts or invoices.

Q: What happens if I don't file Form UT1?
A: Failure to file Form UT1 or pay the use tax owed may result in penalties and interest.