This version of the form is not currently in use and is provided for reference only. Download this version of Form M4NP for the current year.
This is a legal form that was released by the Minnesota Department of Revenue - a government authority operating within Minnesota. Check the official instructions before completing and submitting the form.
Q: What is Form M4NP?
A: Form M4NP is the Unrelated Business Income Tax (UBIT) Return form specifically for nonprofit organizations in Minnesota.
Q: What is Unrelated Business Income Tax (UBIT)?
A: Unrelated Business Income Tax (UBIT) is a tax imposed on the income generated by a nonprofit organization from activities that are not directly related to its charitable mission.
Q: Who needs to file Form M4NP?
A: Nonprofit organizations in Minnesota that have generated unrelated business income are required to file Form M4NP.
Q: What is the purpose of filing Form M4NP?
A: The purpose of filing Form M4NP is to report and pay the Unrelated Business Income Tax (UBIT) on the income generated by nonprofit organizations from unrelated activities.
Q: When is Form M4NP due?
A: Form M4NP is due on the 15th day of the fifth month after the end of the organization's fiscal year.
Q: Are there any penalties for not filing Form M4NP?
A: Yes, failing to file Form M4NP or pay the Unrelated Business Income Tax (UBIT) can result in penalties and interest charges.
Q: Do all nonprofit organizations have to pay Unrelated Business Income Tax (UBIT)?
A: No, nonprofit organizations are only subject to Unrelated Business Income Tax (UBIT) if they generate income from activities that are not directly related to their charitable mission.
Q: Can Form M4NP be filed jointly with other tax forms?
A: No, Form M4NP must be filed separately and cannot be combined with other tax forms.
Form Details:
Download a fillable version of Form M4NP by clicking the link below or browse more documents and templates provided by the Minnesota Department of Revenue.