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Minnesota Deposit Form

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Instructions and help about Minnesota Deposit

You transfer the tax you withhold from employees’ wages by depositing it with the department. How often you make these deposits depends on how much withholding you collected from your employees in the previous quarter. It also depends on the schedule of your federal withholding tax deposit . If you withheld $10,000 or more during the last 12-month period ending June 30, you must deposit electronically. If you have to pay your tax electronically for one year, you must continue to do so for all future years. If you are a new employer with no withholding history, you are automatically set up to deposit monthly. If you withheld more than $1,500 in Minnesota income tax during the previous quarter, you have to deposit it at the same time as your federal withholding tax. If you deposit your federal withholding tax monthly, your Minnesota tax is due by the 15th day of the month that follows the month you withheld the tax. If you deposit your federal withholding tax on a “semiweekly” sche

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