1                                                                                                                                                                                                                                                                                                                       1
  2 4  6  8                                                    10  12  14                  16  18  20                22  24  26           28  30 32  34  36 38  40 42  44  46 48  50          52  54  56 58  60  62 64  66                                                                       68  70   72  74  76 78  80 82  84  86
    3                                                                                                                                              NEAR FINAL DRAFT 8/1/24                                                                                                                                                  3
    4                                                                                                                                                                                                                                                                                                                       4
    5                                                                                                                                                                                                                                                                                                                       5
    6                                                                                                                                                                                                                                                                                     *248011*                          6
    7                                                                                                                                                                                                                                                                                                                       7
    8                                                                                                                                                                                                           Do not use staples on anyting you submit.                                                                   8
       2024 M8, S Corporation Return
    9                                                                                                                                                                                                                                                                                                                       9
    10 Tax year beginning (MM/DD/YYYY)     MM  /                                                                                          DD     /    YYYY   and ending (MM/DD/YYYY)                 MM  /      DD     /YYYY                                                                                                10
    11                                                                                                                                                                                                                                                                                                                      11
    12  CORPORATION NAME HERE                                                                                                                                                                 123456789                                123456789                                                                            12
    13  Name of Corporation                                                                                                                                                                   Federal ID Number                        Minnesota Tax ID                                                                     13
    14  MAILING ADDRESS                                                                                                                                                                       NAMEXXXXXXXXXXXXXXXXXXXXX                                                                                                     14
    15  Mailing Address                                                                                              Check if New Address                                                     Former name, if changed since 2023 return:                                                                                    15
                                                                                           X
    16 CITYXXXXXXXXXXXXXXXXXXXXXXXXXX  MN    XXXXX        XXXX        XXXX                                                                                                                                                                                                                                                  16
    17  City                                                                                                                                                State    ZIP Code                            Number of Schedule KS                                                                   Number of Shareholders     17
    18  Place an X in all that apply:                                                                                                                                                                                                                                                                                       18
    19                                                                                                                                                                                                                                                                                                                      19
    20                                            Initial                                                           Composite             Financial         Qualified Subchapter                Final Return        Installment Sale of Pass-                                                                               20
       X                                          Return                            X                               Income Tax       X    Institution X     S Subsidiary                      X                 X   through Assets or Interests
    21                                                                                                                                                                                                                                                                                                                      21
    22                                            Public                                                            Pass-through          Tax Position Disclosure                                                                                                                                                           22
       X                                          Law                               X                               Entity (PTE) Tax X    (Enclose Form TPD)
    23                                            86-272                                                                                                                                                                                                                                                                    23
    24   1                                        S corporation taxes (place an X in all that apply):                                                                                                                                                                                                                       24
    25                                                                                                                                                                                                                                                                                                                      25
    26                                                         X  Federal Schedule D taxes                                           X  Passive income                   Round amounts to nearest whole dollar                                                                                                              26
    27                                                                                                                                                                                                                                                                                                                      27
    28                                                         X  LIFO recapture  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . . 1   123456789                                                                                          (enclose computation)      28
    29                                                                                                                                                                                                                                                                                                                      29
    30   2                                        Minimum fee from M8A, line 9 (see M8A instructions, pg. 9)  . . .  . . . . . .  . . . . . 2                                                 123456789                                                                                          (enclose M8A)              30
    31                                                                                                                                                                                                                                                                                                                      31
    32   3                                        Pass-through Entity Tax  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . 3                 123456789                                                                                          (enclose Schedule PTE)     32
    33                                                                                                                                                                                                                                                                                                                      33
    34   4                                        Composite income tax for nonresident shareholders    . . . . . .  . . . . .  . . . . . .  . . . 4                                           123456789                                                                                          (enclose Schedules KS)     34
    35   5                                        Minnesota income tax withheld for nonresident shareholders.                                                                                                                                                                                                               35
    36    If                    you received AWCForm      from a shareholder, check box:                                                                           X          5               123456789                                                                                          (enclose Forms AWC)        36
    37                                                                                                                                                                                                                                                                                                                      37
    38   6  Add lines 1 through 5                                                                                     . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . 6  123456789                  38
    39   7                                        Employer Transit Pass Credit not passed through to shareholders                                                                                                                                                                                                           39
    40                                             (enclose Schedule ETP) ... ...... ....... ..... ..... ...... ..... ...... ...... ...... ..... ...... ..... .. 7                                                                                                                               123456789                  40
    41                                                                                                                                                                                                                                                                                                                      41
    42   8                                        Film Production Tax Credit                                                   . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . .  . 8      123456789                  42
    43                                                                                                                                                                                                                                                                                                                      43
    44                                            Enter the credit certificate number: TAXC - 123456789                                                                                                                                                                                                                     44
    45   9                                        Tax Credit for Owners of Agricultural Assets not passed through to shareholders                                                                                                                                                                                           45
    46                                             . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . . .  . . .  . 9                                  123456789                  46
    47                                            Enter the certificate number from the certificate you received from the                                                                                                                                                                                                   47
    48      Rural Finance Authority:                                                                                                                                                                                                                                                                                        48
    49                                                                                                                                                                                                                                                                                                                      49
    50                                            AO               1234                                             56789000000                                                                                                                                                                                             50
    51                                                                                                                                                                                                                                                                                                                      51
    52  10                                        State Housing Tax Credit  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . .  . 10                                                        123456789                  52
    53                                                                                                                                                                                                                                                                                                                      53
    54                                            Enter the credit certificate number from Minnesota Housing: SHTC -                                                 1234 -5678900000                                                                                                                                       54
    55                                                                                                                                                                                                                                                                                                                      55
    56  11  Short Line Railroad Infrastructure Modernization Credit  . . . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . .  . 11                                                                                                                        123456789                  56
    57                                                                                                                                                                                                                                                                                                                      57
    58  12  Credit for Sales of Manufactured Home Parks to Cooperatives  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . .  . 12                                                                                                                              123456789                  58
    59                                                                                                                                                                                                                                                                                                                      59
    60  13                                        Add lines 7 through 12, limited to the sum of lines 1 and 2    . .  . . . . .  . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . .  .                                                                         13     123456789                  60
    61                                                                                                                                                                                                                                                                                                                      61
    62                                                                                                                                                                                                                                                                                                                      62
    63                                                                                                                                                                                                          Continued next page                                                                                         63
                                                                                                                                                                   9995
  2 4  6  8                                                    10  12  14                  16  18  20                22  24  26           28  30 32  34  36 38  40 42  44  46 48  50          52  54  56 58  60  62 64  66                                                                       68  70   72  74  76 78  80 82  84  86
    65                                                                                                                                                                                                                                                                                                                      65

    1                                                                                                                                                                                                                                                                                          1
  2 4  6   8  10 12  14       16  18  20  22  24  26 28  30 32  34  36 38  40     42  44  46                             48  50 52  54  56 58  60  62           64  66                                                                                                68  70 72  74  76 78  80 82  84  86
    3                                                       NEAR FINAL DRAFT 8/1/24                                                                                                                                                                                                            3
    4                                                                                                                                                                                                                                                                                          4
        2024 M8, page 2
    5                                                                                                                                                                                                                                                                                          5
    6                                                                                                                                                                                                                                                 *248021*6
    7                                                                                                                                                                                                                                                                                          7
    8   CORPORATION NAME HERE                                                                                                   123456789                                                                                                          123456789                                   8
    9   Name of Corporation                                                                                                     Federal ID Number                                                                                                  Minnesota Tax ID                            9
    10                                                                                                                                                          Round amounts to nearest whole dollar                                                                                          10
    11                                                                                                                                                                                                                                                                                         11
    12   14  Subtract line 13 from line 6 (if result is zero or less, leave blank)   . .  . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . .  . 14                                                                                           123456789                12
    13                                                                                                                                                                                                                                                                                         13
    14   15  Minnesota Nongame Wildlife Fund donation (see instructions, pg. 6).                                                                                                                                                                                                               14
    15       This will reduce your refund or increase your tax  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . .  .     15                                                                                                    123456789                15
    16                                                                                                                                                                                                                                                                                         16
    17   16  Add lines 14 and 15   . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . .  . 16                                                             123456789                17
    18   17  Enterprise Zone Credit not passed through                                                                                                                                                                                                                                         18
    19       to shareholders (enclose Schedule EPC)  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . 17   123456789                                                                                                                                                         19
    20                                                                                                                                                                                                                                                                                         20
    21   18  Estimated tax and/or extension payments made for 2024   . .  . . . . . .  . . . . .  . . 18                     123456789                                                                                                                                                         21
    22                                                                                                                                                                                                                                                                                         22
    23   19  Add lines 17 and 18   . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . . .  . . . . .  . . . . . .  . . .  . 19                                                             123456789                23
    24                                                                                                                                                                                                                                                                                         24
    25   20  Tax due. If line 16 is more than line 19, subtract line 19 from line 16   . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . . .  . .  . 20                                                                                                  123456789                25
    26                                                                                                                                                                                                                                                                                         26
    27   21  Penalty (see instructions, pg. 6)   .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  . 21                 123456789                27
    28                                                                                                                                                                                                                                                                                         28
    29   22  Interest (see instructions, pg. 7)  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . .  . . . . . .  . . . . . .  . . . .  . 22                                                                     123456789                29
    30                                                                                                                                                                                                                                                                                         30
    31   23  Additional charge for underpayment of estimated tax (attach Schedule EST)  .  . . . . . .  . . . . . .  . . . . .  . . . . .  . . . .  . 23                                                                                                              123456789                31
    32                                                                                                                                                                                                                                                                                         32
    33   24  AMOUNT DUE. If you entered an amount on line 20, add lines 20 through 23  . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . 24                                                                                                                  123456789                33
    34                                                                                                                                                                                                                                                                                         34
    35       Payment method:        X   Electronic (see inst., pg. 2), or     X   Check (see inst., pg. 2)                                                                                                                                                                                     35
    36                                                                                                                                                                                                                                                                                         36
    37   25  Overpayment. If line 19 is more than the sum of lines 16 and 21                                                                                                                                                                                                                   37
    38       through 23, subtract lines 16 and 21 through 23 from line 19  .  .  . . . . . .  . . . . 25                     123456789                                                                                                                                                         38
    39                                                                                                                                                                                                                                                                                         39
    40   26  Amount of line 25 to be credited to your 2025 estimated tax  . . .  . . . . . .  . . . . 26                     123456789                                                                                                                                                         40
    41                                                                                                                                                                                                                                                                                         41
    42   27  REFUND. Subtract line 26 from line 25    . . .  . . . . . .  . . . . .  . . . . . . .  . . . . .  . . . . . 27  123456789                                                                                                                                                         42
    43                                                                                                                                                                                                                                                                                         43
    44   28    To have your refund direct deposited, enter the following. Otherwise, you will receive a check.                                                                                                                                                                                 44
    45                                                                                                                                                                                                                                                                                         45
    46  X    Checking     X Savings       123456789                               1234567890123456789                                                                                                                                                                                          46
    47                                    Routing number                          Account number (use an account not associated with any foreign banks)                                                                                                                                        47
    48                                                                                                                                                                                                                                                                                         48
    49                                                                                                                          MM /DD/YYYY                                                                                                                           6515555555               49
    50  Signature of Officer                                                                                                    Date (MM/DD/YYYY)                                                                                                                     Officer’s Direct Phone   50

    51  PRINTNAMEOFOFFICER                           EMAIL ADDRESS FORXXXXX                                                                                                                                                                                                                    51
    52  Print Name of Officer                        Email Address for Correspondence, if Desired                               This Email Address belongs to:                                                                                                                                 52
    53                                                                                                                              X  Employee        X                                                                                              Paid Preparer          X    Other:XXXXX53
    54                                                                                                                                                                                                                                                                                         54
    55                                               04152016                                                                   MM /                        DD/ YYYY                                                                                                  6515555555               55
    56  Paid Preparer’s Signature                    Preparer’s PTIN                                                            Date (MM/DD/YYYY)                                                                                                                     Preparer’s Direct Phone  56
    57                                                                                                                                                                                                                                                                                         57
    58  Include a complete copy of federal Form 1120S, Schedules K and K-1,                                                                                                                                                                                                                    58
    59  and other federal schedules                                                                                                        I authorize the Minnesota Department of Revenue to discuss                                                                                          59
    60  Mail to:  Minnesota S Corporation Income Tax                                                                            X          this tax return with the preparer.                                                                                                                  60
    61           Mail Station 1770                                                                                                                                                                                                                                                             61
    62           600 N. Robert St.                                                                                                         I do not want my paid preparer to file my return electronically.                                                                                    62
    63           St. Paul, MN 55146-1770                                                                                        X                                                                                                                                                              63
                                                                                  9995
  2 4  6   8  10 12  14       16  18  20  22  24  26 28  30 32  34  36 38  40     42  44  46                             48  50 52  54  56 58  60  62           64  66                                                                                                68  70 72  74  76 78  80 82  84  86
    65                                                                                                                                                                                                                                                                                         65

    1                                                                                                                                                                                                                                            1
  2 4  6  8  10  12  14 16  18  20      22  24  26 28  30                        32  34  36 38  40                                                               42  44  46 48  50 52  54  56 58  60  62       64  66  68  70 72  74  76 78  80  82  84  86
    3                                                                             NEAR FINAL DRAFT 8/1/24                                                                                                                                        3
    4                                                                                                                                                                                                                                            4
    5                                                                                                                                                                                                                                            5
    6                                                                                                                                                                                                           *248111*6
    7                                                                                                                                                                                                                                            7
    8                                                                                                                                                                                                                                            8
       2024 M8A, Apportionment and Minimum Fee
    9                                                                                                                                                                                                                                            9
    10 All S corporations must complete M8A to determine its Minnesota source income and minimum fee. See M8A instructions                                                                                                                       10
    11 beginning on page 9. Enclose a copy of your balance sheet.                                                                                                                                                                                11
    12                                                                                                                                                                                                                                           12
    13                                                                                                                                                         A                    B                                         C                  13
    14                                                                                                                                                       In Minn.               Total                              Factors (A ÷ B)           14
    15                                                                                                                                                                             (carry to 5 decimal places)                                   15
    16                                                                                                                                                                                                                                           16
    17 Property                                                                                                                                                                                                                                  17
    18 1   a  Average value of inventory    . . . . . .  . . . . 1a               123456789                                                                                                                                                      18
    19    b Average value of buildings, machinery                                                                                                                                                                                                19
    20      and other tangible property owned   . .  . 1b                           123456789                                                                                                                                                    20
    21                                                                                                                                                                                                                                           21
    22    c  Average value of land owned    . . . .  . . . . 1c                   123456789                                                                                                                                                      22
    23                                                                                                                                                                                                                                           23
    24    Total average value of tangible property                                                                                                                                                                                               24
    25    owned at original cost (add lines 1a-1c) .... .. 1                      123456789                                                                                                                                                      25
    26                                                                                                                                                                                                                                           26
    27   2 Capitalized rents paid by S corporation                                                                                                                                                                                               27
    28    (gross rents paid x 8)   . . . .  . . . . . .  . . . . . .  . . . 2     123456789                                                                                                                                                      28
    29                                                                                                                                                                                                                                           29
    30   3 Add lines 1 and 2   . . . . . .  . . . . . .  . . . . .  . . . . . 3   123456789                                                                                                                                                      30
    31 Payroll                                                                                                                                                                                                                                   31
    32   4 Total payroll, including officers’                                                                                                                                                                                                    32
    33    compensation . . .  . . . . . .  . . . . .  . . . . . .  . . . . . . 4  123456789                                                                                                                                                      33
    34                                                                                                                                                                                                                                           34
    35 Sales                                                                                                                                                                                                                                     35
    36   5 Sales (including rents received)  . . .  . . . . . .  . . 5            123456789                                                                                         123456789                          123456789                 36
    37    (If line 5, column B is zero, see instructions, page 9.)                                                                                                                                                                               37
    38                                                                                                                                                                                                                                           38
    39 Minimum Fee Calculation                                                                                                                                                                                                                   39
    40   6 Total of lines 3, 4 and 5 in column A  . . .  . . . . 6                123456789                                                                                                                                                      40
    41                                                                                                                                                                                                                                           41
    42   7 Adjustments (see instructions, page 10)  . . .  . 7                    123456789                                                                                    (Identify pass-through entity and enclose schedule.)              42
    43                                                                                                                                                                                                                                           43
    44   8 Combine lines 6 and 7   . . . .  . . . . . .  . . . . . .  . . 8                                                                                                                                                                      44
                                                                                  123456789
    45                                                                                                                                                                                                                                           45
    46   9 Minimum fee (determine using the amount                                                                                                                                                                                               46
    47    on line 8 and the table below)  . . .  . . . . . .  . . . 9             123456789                                                                                     Enter this amount on line 2 of your Form M8.                     47
    48                                                                                                                                                                                                                                           48
    49                                                                                                                                                                                                                                           49
    50                                                                                                                                                                                                                                           50
    51   Minimum Fee Table                                                                                                                                                                                                                       51
    52                                                                                                                                                                                                                                           52
    53   If line 8 of M8A is:                                                    your minimum fee is:                                                                                                                                            53
    54   less than $1,220,000   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    $0                                                                              54
    55   1,220,000 to $2,439,999   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .           $250                                                                              55
    56   $2,440,000 to $12,199,999   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                 $730                                                                              56
    57   $12,200,000 to $24,389,999   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     $2,440                                                                           57
    58   $24,390,000 to $48,779,999   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .                     $4,890                                                                           58
    59   $48,780,000 or more   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .   $12,220                                                                           59
    60                                                                                                                                                                                                                                           60
    61                                                                                                                                                                                                                                           61
    62                                                                                                                                                                                                                                           62
    63                                                                                                                                                                                                                                           63
                                                                                                                                                                 9995
  2 4  6  8  10  12  14 16  18  20      22  24  26 28  30                        32  34  36 38  40                                                               42  44  46 48  50 52  54  56 58  60  62       64  66  68  70 72  74  76 78  80  82  84  86
    65                                                                                                                                                                                                                                           65