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What penalties apply if I can’t pay the total Minnesota estate tax on time?

April 26, 2017estate tax Minnesota pay penalties time total

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What penalties apply if I can’t pay the total Minnesota estate tax on time?

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Late payment. If you’re not paying estate tax in installments, a 6 percent late payment penalty will be assessed on any tax not paid by the regular due date. If you file your return after the due date with a balance due, an additional 5 percent penalty will be assessed on the unpaid tax.