Eligible Minnesota taxpayers could receive payments of up to $1,300 by the end of next week after officials started to disburse a one-time tax rebate in August.
Taxpayers from the North Star State began seeing property tax rebates last month as part of a $2 million rebate from the state’s multibillion-dollar budget surplus signed off by Gov. Tim Walz (D-MN). Payments will be based on Minnesotans’ 2021 income tax returns, and the funds will be automatically distributed by check or direct deposit.
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“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, adding all payments are expected to be sent out by the end of September. “We know it will be very valuable to a lot of people, and we look forward to sending payments out in early fall.”
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Minnesotans must have met the adjusted gross income requirement to qualify, with the adjusted gross income limit at $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.
There was no application for this rebate payment because it’s being handled outside the typical system in which the state processes tax refunds — meaning taxpayers cannot track where their rebate is, according to the Minnesota Department of Revenue. State officials encourage those who expect a payment to contact the department’s customer service line if the rebate is not issued by October.
