Minneapolis Public Schools assessed $5.3 million in tax penalties in past four years

Lyndale Elementary Schools students board the bus after school on Thursday, Jan. 9, 2025, in Minneapolis, Minn. (Photo by Ellen Schmidt/Minnesota Reformer)

Minneapolis Public Schools has incurred over $5.3 million in tax penalties from the IRS since 2022. The penalties were assessed for a range of issues, including $2.9 million for errors calculating and reporting employment taxes and another $2.3 million for late filing of Forms W-2 and Forms 1095-C.

That’s enough to pay about 40 teachers, given current district labor costs…

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