Skip to main content Skip to office menu Skip to footer
Capital IconMinnesota Legislature

Office of the Revisor of Statutes

    Subdivision 1. General rule. Except as otherwise provided in this chapter, the amount of
taxes assessable must be assessed within 3-1/2 years after the return is filed, whether or not the
return is filed on or after the date prescribed. A return must not be treated as filed until it is in
processible form. A return is in processible form if it is filed on a permitted form and contains
sufficient data to identify the taxpayer and permit the mathematical verification of the tax liability
shown on the return.
    Subd. 2. False or fraudulent return. Notwithstanding subdivision 1, the tax may be
assessed at any time if a false or fraudulent return is filed or if a taxpayer fails to file a return.
    Subd. 3. Omission in excess of 25 percent. Additional taxes may be assessed within 6-1/2
years after the due date of the return or the date the return was filed, whichever is later, if the
taxpayer omits from a tax return taxes in excess of 25 percent of the taxes reported in the return.
    Subd. 4. Time limit for refunds. Unless otherwise provided in this chapter, a claim for a
refund of an overpayment of tax must be filed within the period prescribed in section 289A.40,
subdivision 1
. Interest on refunds must be computed at the rate specified in section 270C.405 from
the date of payment to the date the refund is paid or credited. For purposes of this subdivision, the
date of payment is the later of the date the tax was finally due or was paid.
    Subd. 5. Bankruptcy; suspension of time. The time during which a tax must be assessed
or collection proceedings begun is suspended during the period from the date of a filing of a
petition in bankruptcy until 30 days after either:
(1) notice to the commissioner that the bankruptcy proceedings have been closed or
dismissed; or
(2) the automatic stay has been ended or has expired, whichever occurs first.
The suspension of the statute of limitations under this subdivision applies to the person
the petition in bankruptcy is filed against, and all other persons who may also be wholly or
partially liable for the tax.
    Subd. 6. Extension agreement. If before the expiration of time prescribed in subdivisions
1 and 4 for the assessment of tax or the filing of a claim for refund, both the commissioner and
the taxpayer have consented in writing to the assessment or filing of a claim for refund after that
time, the tax may be assessed or the claim for refund filed at any time before the expiration of
the agreed upon period. The period may be extended by later agreements in writing before the
expiration of the period previously agreed upon.
History: 1994 c 633 art 2 s 12; 1995 c 264 art 13 s 19; 2005 c 151 art 2 s 17