Minnesota Certification of Job Opportunity Building Zone (JOBZ) Compliance with Business Subsidy Agreement (BSA)
Extracted from PDF file 2018-minnesota-form-jobz1.pdf, last modified August 2012
Certification of Job Opportunity Building Zone (JOBZ) Compliance with Business Subsidy Agreement (BSA)JOBZ Certification (JOBZ1) Certification of Job Opportunity Building Zone (JOBZ) Compliance with Business Subsidy Agreement (BSA) Qualified businesses: you must complete and file by October 15, 2017 Name of qualified business Taxpayer name (if different from JOBZ business) JOBZ ID number Business address in the zone FEIN City Minnesota tax ID number State County MN Taxpayer: Zip code C-Corporation S-Corporation Business contact’s name (first, last) Partnership Individual Title Fiduciary Other (Specify): Daytime phone Email address of qualified business (optional) Primary parcel ID (if more than one, attach a sheet) Date of Business subsidy agreement 1 Are you operating in the zone? (If “no,” stop here; sign and submit this form.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Yes No 2 Was there a relocation agreement that required you to create a specific number of jobs? (If “no,” skip line 3) . . . . . . . . . . 2 Yes No 3 Are you meeting that requirement? (If “no,” attach an explanation.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Yes No Yes No 4 Number of jobs promised in the business subsidy agreement (BSA) . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Number of employees in the JOBZ zone at the time you filed this form . . . . . . . . . . . . . . . . . . . . . 5 6 Minimum wage requirement in the BSA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Is the above business in compliance with lines 4 and 6 and all other requirements of the BSA? . . . . . . . . . . . . . . . . . . . . . 7 7 (If “no,” attach an explanation) Businesses that fail to submit this form or businesses that materially misrepresent their compliance with the JOBZ BSA are: 1) permanently disqualified from receiving future JOBZ benefits; and 2) subject to repayment of prior benefits received. I declare that this report is correct and complete to the best of my knowledge and belief. Signature of authorized representative of qualified business Date This certification is required to be filed annually by October 15, as a condition of continuing eligibility for JOBZ benefits. Mail to: Minnesota Revenue Mail Station 6330 St. Paul, MN 55146-6330 Phone: 651-556-6836 Fax: 651-556-3102 9995 JOBZ Certification (JOBZ1) Instructions Who must complete this form? If you are a qualified business participating in the Job Opportunity Building Zone (JOBZ) program, you must provide a fully completed certification of eligibility each year with the Department of Revenue. This form is used to determine continued eligibility to receive JOBZ benefits and must be received no later than October 15. Failure to submit the JOBZ Certification will result in removal from the JOBZ program. You will also be subject to repayment of prior JOBZ tax benefits received. This form is in addition to any other reporting requirements with the Department of Revenue, the zone administrator, or the Department of Employment and Economic Development (DEED). In addition, businesses that have been terminated from the JOBZ program but maintain a substantial level of the activities described in the business subsidy agreement should continue to file this form for the duration of the zone term. Completing this form will assist the Department of Revenue in verifying the business’s continued operations within the zone. Qualified business You are a qualified business if your place of business is located within a JOBZ zone and you have signed a Business Subsidy Agreement with the zone administrator. A qualified business also includes an agricultural processing facility located in a designated agricultural processing facility zone. Eligibility requirements As a qualified business, you are required to meet and maintain your eligibility requirements as determined by your business subsidy agreement (BSA). Email address Please note that: If the department has questions regarding your Form JOBZ Certification form and you want to receive correspondence electronically, be sure to provide your email address. 1. Businesses that properly indicate “NO” on lines 1 or 3 are no longer eligible for JOBZ benefits, and are subject to the JOBZ repayment provisions of Minnesota Statute § 469.319. Enter on line 5 the number of employees currently in the JOBZ zone. Do not use the number of employees you had when you entered the JOBZ program. 2. Other businesses that properly indicate “YES” on line 1, but “NO” on line 7 may not be subject to repayment of JOBZ benefits, and under certain circumstances may be eligible for limited future JOBZ benefits. County and parcel ID number Enter the county in which the qualified business is located. Enter the main property’s parcel ID, or property ID, number assigned to it by the county. You can find the parcel or property ID number on the property tax statement. Minnesota business ID number Enter the registered Minnesota business ID number. This is a seven digit number and is used to file your Minnesota tax filings. JOBZ ID number Enter your Minnesota JOBZ ID Number which can be located on your JOBZ M500 form. Business Subsidy Agreement (BSA) date In the area provided, enter the date the qualified business’s Business Subsidy Agreement (BSA) was signed. Line 5 Signature An authorized representative of the qualified business must sign and date the form. When to file By October 15, 2017, mail JOBZ Certification form, to: Minnesota Revenue Mail Station 6330 St. Paul, MN 55146-6330 or fax to: 651-556-3102 Do not submit this form with your tax return. Use of information All information provided on JOBZ Certification form is public. The information will be used to administer the JOBZ program, and will be shared with the Department of Employment and Economic Development to the extent necessary to administer the JOBZ laws. Questions or need forms? You can find forms and the most current information on our website at www.revenue.state.mn.us. If you have questions, call 651-556-6836 during business hours. We’ll provide information in other formats upon request.
More about the Minnesota Form JOBZ1 Corporate Income Tax
We last updated the Certification of Job Opportunity Building Zone (JOBZ) Compliance with Business Subsidy Agreement (BSA) in March 2019, and the latest form we have available is for tax year 2018. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Minnesota Department of Revenue. You can print other Minnesota tax forms here.
Other Minnesota Corporate Income Tax Forms:
|Form Code||Form Name|
|Form MRT1||Mortgage Registry Tax|
|Form M3-M3A||Partnership Return|
|Worksheet C-Provider||Provider, Hospital and Surgical Center Tax Return|
|Form M8||S Corporation Return (M8 and M8A)|
|Form M99||Credit for Military Service in a Combat Zone|
Minnesota usually releases forms for the current tax year between January and April. We last updated Minnesota Form JOBZ1 from the Department of Revenue in March 2019.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Minnesota Form JOBZ1
We have a total of eight past-year versions of Form JOBZ1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Minnesota Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.