How Minnesota Sales Tax Calculator Works: Step By Step Guide

How Minnesota Sales Tax Calculator Works: Step By Step Guide

Getting the most out of our highly simplified calculator works like a charm, however, there are a couple of steps that need to be followed to know the current rate imposed on in the Minnesota state.

It could be messy if you don’t have a Sales Tax Calculator with you while living your digital life. Handling one or two calculations may seem easier, but when it comes to taking care of immense numbers of sales tax calculations, you could have a nightmare. 

That’s where you need a Sales Tax Calculator like ours which will keep you at ease – fully satisfied. 

To know what the current sales tax rate applies in your state i.e. Minnesota, all you need is the simple calculator given above.

  1. Enter the “Amount” you want to enquire about.
  2. Choose the “Sales Tax Rate” from the drop-down list.
  3. Finally, click on “Calculate” or not (our calculator doesn’t even require your action – it automatically does it all).

And, there you go!

Minnesota Sales Tax Rates

If you’ve opened this page (and reading this), chances are you are living in Minnesota and you intend to know the sales tax rate, right?

How Minnesota Sales Tax Calculator Works: Step By Step Guide

Well, speaking of Minnesota, there is a general sales tax of 6.875%. The statewide portion has been divided into two parts: 6.5% sales tax is levied with the receipts going to the state General Fund and 0.375% tax going to environmental and arts projects. 

There are items (products) that are taxed, but still there is a list of the items that are non-taxable. 

Which products are exempt from the tax?

The following list has the names of the products that are tax exempt. This list contains most of the products and services, still there might be some others:

In general, food (without including prepared food, some beverages like pop, and some other items like candy), clothing and prescription drugs are not imposed sales tax. 

There are times when the services are taxed and the other times, you might be charged with the sales tax. This can be made sure by visiting to the official website of Minnesota. 

The tax rates in the city differ. In other words, in different areas of Minnesota, you will notice that the rate of sales tax varies in different cities or counties.

To see the list of sales tax in each county or city, please refer to the table given at the bottom of this page. 

How to File and Pay Sales Tax in Minnesota?

Insofar filing and paying sales tax in Minnesota is considered, three things need to be kept in mind while you do this:

  1. Knowing how much sales tax you owe
  2. Filing a sales tax return
  3. Making a payment

First things first. How do you think you will file a sales tax return if you have no idea about the sales tax that you owe? You can’t! You’ve got to understand the sales tax report in your state (Minnesota) for that purpose.

Once done, the next thing you have to do is file your sales tax with the help of the following:

  • File Online: You can file online with the help of Minnesota Department of Revenue. If the sales tax and use tax liability of yours goes $10,000 or beyond that in the state’s fiscal year, then all of the taxes must be paid electronically. If you are confused about the filing, please refer to the instruction guide. 
  • File by Phone: If you want to file by phone, you can call 1-800- 570-3329. Again, if the amount goes $10,000 or more than that, it must be paid electronically.  

Facts about Minnesota Sales Tax Filing

There are some other things that you must know as far as filing sales tax in Minnesota is considered.

Yes, we’re talking about penalties!

Every time you file late or pay late, you will be required to pay a penalty which could become a pain in the neck. Therefore, we suggest that you should pay earlier or before the deadline reaches. 

  • Penalty for filing late: If you file late, you will be imposed a 2% penalty. 

That’s not all – there might be other penalties like for fraud and serial offenses that could trigger even the higher penalties or could lead to criminal charges.

There are other important aspects of “Zero Returns” and “Discounts” that you should be aware of if you’re planning on filing and paying the sales tax in Minnesota. 

Find out more about the penalties imposed on late filing by visiting the official website of the Minnesota Revenue Department. 

Minnesota Sales Tax Holidays

There is no tax holiday for the Minnesota state. If there is any in the future, we will update it right here. 

If you want to know more about the list of the current Sales Tax Holidays in Minnesota, please log on to the official website.

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