Form M3 — Partnership Return (including M3A) (2025)

2025 M3, Partnership Return and ending (MM/DD/YYYY) Tax year beginning (MM/DD/YYYY) / 253011 Do not use staples on anything you submit.
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Partnership's Name Federal ID Number Minnesota Tax ID Number
Doing Business as
Mailing Address
City
Initial Composite
Check if: Return Income Tax
Public Pass-through
Law Entity (PTE)
86-272 Tax
State ZIP Code
More than 80% of
Income is from Farming
Tax Position Disclosure
(Include Form TPD)
Former Name, if Changed Since Previous Year Return
Check if New Address
Number of Schedules KPI and KPC Number of Partners Final Installment Sale of Pass-through LLC Return Assets or Interests
Round amounts to nearest whole dollar
1 Minimum fee from line 9 of M3A (see M3A inst., page 8) … 1 (enclose M3A) 2 Pass-through Entity Tax … 2 (enclose Schedule PTE) 3 Composite income tax for nonresident individual partners … 3 (enclose Schedules KPI) 4 Minnesota income tax withheld for nonresident individual partners. If you received a Form AWC from a partner, check box: … 4 (enclose Forms AWC) 5 Add lines 1 through 4 … 5 6 Employer Transit Pass Credit not passed through to partners (enclose Schedule ETP) … 6 7 Film Production Tax Credit … 7 Enter the credit certificate number: TAXC -8 Tax Credit for Owners of Agricultural Assets not passed through to partners … 8 Enter the certificate number from the certificate you received from the Rural Finance Authority:
AO
9 State Housing Tax Credit … 9
Enter the credit certificate number from Minnesota Housing: SHTC - -10 Short Line Railroad Infrastructure Modernization Credit … 10 Enter certificate number from the certificate you received from the Minnesota Department of Transportation: MN-SLR -11 Credit for Sales of Manufactured Home Parks to Cooperatives … 11 12 Add lines 6 through 11, limited to the amount of the minimum fee on line 1 … 12
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2025 M3, page 2
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Partnership's Name Federal ID Number Minnesota Tax ID Number 13 Subtract line 12 from line 5 (if result is zero or less, leave blank) … 13 14 Enterprise Zone Credit not passed through to partners … 14 15 Estimated tax and/or extension payments made for 2025 … 15 16 Add lines 14 and 15 … 16 17 Tax due. If line 13 is more than line 16, subtract line 16 from line 13 … 17 18 Penalty (see instructions) … 18 19 Interest (see instructions) … 19 20 Additional charge for underpayment of estimated tax (enclose Schedule EST) … 20 21 AMOUNT DUE. If you entered an amount on line 17, add lines 17 through 20.
Check payment method: Electronic (see inst., pg. 2), or Check (see inst. pg. 2) … 21 22 Overpayment. If line 16 is more than the sum of lines 13 and 18 through 20, subtract lines 13 and 18 through 20 from line 16 (see instructions, page 7) … 22 23 Amount of line 22 to be credited to your 2026 estimated tax … 23 24 REFUND. Subtract line 23 from line 22 … 24 25 To have your refund direct deposited, enter the following. Otherwise, you will receive a check.
You must use an account not associated with any foreign banks.
Account type:
Checking Savings
Routing number Account number (use an account not associated with any foreign banks)
I declare that this return is correct and complete to the best of my knowledge and belief.
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Signature of Partner or LLC Member Date (MM/DD/YYYY) Partner or Member's Direct Phone Print Name of Partner or LLC Member Email Address for Correspondence, if Desired This email address belongs to:
Employee Paid Preparer Other:
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Paid Preparer's Signature if Other than Partner Preparer's PTIN Date (MM/DD/YYYY) Preparer's Direct Phone Include a complete copy of your federal Form 1065, Schedules K and K-1, and other federal schedules.
I authorize the Minnesota Department of Revenue to discuss Mail to: Minnesota Partnership Tax this tax return with the preparer.
Mail Station 1760
I do not want my paid preparer to file my return electronically.
600 N. Robert St.
St. Paul, MN 55146-1760

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2025 M3A, Apportionment and Minimum Fee All partnerships must complete M3A to determine its Minnesota source income and minimum fee. See M3A instructions beginning on page 9.
Property
1 a Average value of inventory … 1a b Average value of buildings, machinery and other tangible property owned … 1b Average value of land owned … 1c c Total average value of tangible property owned at original cost (add lines 1a-1c) . . . 1 2 Capitalized rents paid by partnership (gross rents paid x 8) … 2 3 Add lines 1 and 2 … 3
Payroll
4 Total payroll, including guaranteed payments to partners … 4
Sales
5 Sales (including rents received) … 5 Minimum Fee Calculation 6 Total of lines 3, 4 and 5 in column A … 6 7 Adjustments (see instructions, page 9) … 7
Schedule KPC MUST be included.
8 Combine lines 6 and 7 … 8
9 Minimum fee (determine using the amount on line 8 and the table below) … 9
Minimum Fee Table
A B C
In Minn. Total Factors (A ÷ B)
(carry to 5 decimal places)
(Identify pass-through entity and enclose schedule.)
Enter this amount on line 1 of your Form M3.
Your minimum fee is:
If line 8 of M3A is: less than $1,250,000 … 1,250,000 to $2,509,999 … $2,510,000 to $12,539,999 … $0
* The following partnerships do not have to pay a
$260 minimum fee:
$750

• Farm partnerships with more than 80 percent of $2,510 $12,540,000 to $25,069,999 … income from farming $5,020 $25,070,000 to $50,139,999 … If you are exempt from the minimum fee, leave $50,140,000 or more … $12,540 line 9 above and line 1 on Form M3 blank.