The key deadlines for sales tax filings in Minnesota for 2024 are based on the assigned filing frequency (monthly, quarterly, annually). Here are the primary deadlines:

1. Monthly Filing: Deadline: 20th day of the following month. Example: For sales in January, the filing and payment are due by February 20, 2024.

2. Quarterly Filing: Deadline: 20th day after the end of each quarter. Quarters: First Quarter: January 1 – March 31; due by April 20, 2024. Second Quarter: April 1 – June 30; due by July 20, 2024. Third Quarter: July 1 – September 30; due by October 20, 2024. Fourth Quarter: October 1 – December 31; due by January 20, 2025.

3. Annual Filing: Deadline: January 20, 2025. Applicable To: Businesses with sales tax liabilities under $100 per quarter, typically filing once a year.

4. Seasonal Filing: Deadline: Based on the business’s operational months; specific dates are set according to the business’s seasonality. Applicable To: Businesses operating only during certain seasons or months, such as tourism-related businesses.

Best Practices for Meeting Deadlines:

• Mark Calendar: Clearly mark all relevant filing deadlines on a business calendar and set up reminders well in advance to ensure timely submissions.

• Automate Reminders: Use digital tools or tax software that send automatic reminders as deadlines approach.

• Prepare in Advance: Organize and compile all necessary sales data and tax calculations ahead of the filing deadline to prevent last-minute issues.

• Use E-Services Portal: File sales tax returns and make payments electronically through the Minnesota Department of Revenue’s e-Services portal to ensure timely and accurate submissions.

• Monitor Changes: Stay informed about any updates or changes to filing deadlines by regularly checking the Department of Revenue’s communications.

• Consult Professionals: Engage with tax advisors or accountants to assist with managing filing schedules and ensuring compliance with all deadlines.

By adhering to these deadlines and implementing effective management practices, businesses can maintain compliance with Minnesota’s sales tax filing requirements and avoid penalties or interest charges associated with late submissions.