November 27, 2024
Minnesota homeowners or tenants could see property tax rebates of up to $1300 in their bank account or by check in the mail within two days.

Minnesota homeowners or tenants could see property tax rebates of up to $1300 in their bank account or by check in the mail within two days.

Starting in August, the Minnesota Department of Revenue began sending direct tax rebate payments of up to $1,300 for tax year 2021 to eligible Minnesotans. Any Minnesota resident who lived in the state in 2021 and filed an income tax return or property tax refund could qualify for the rebate. Officials said they’ll wrap up payment distribution by the end of September.

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The rebates are being issued as part of a $2 million rebate from the state’s multibillion-dollar budget surplus signed off by Gov. Tim Walz (D-MN).

“This rebate will help millions of Minnesotans pay for everyday expenses such as groceries, school supplies, rent, or child care,” Revenue Commissioner Paul Marquart said. “We know it will be very valuable to a lot of people, and we look forward to sending payments out in early fall.”

To receive a rebate, households must meet a couple of requirements. The adjusted gross income limit is $150,000 or less for married couples who filed together and $75,000 or less for single filers. Individual filers will see $260, and married couples will receive $520, with $260 each for up to three dependents, meaning married couples with the maximum number of dependents could see up to $1,300.

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There was no application for this rebate payment, and it’s being handled outside the typical system in which the state processes tax refunds, so if eligible, the funds will be automatically distributed by check or direct deposit. The state government is working with U.S. Bank to send the rebates, and the check description will read, “State of Minnesota 2021 Tax Rebate Program.”

The state department encouraged taxpayers who expect a payment to contact the department’s customer service operations if the rebate is not issued by October.

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