Skip to content
Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

ADVERTISE WITH US | EMAIL: KROX@RRV.NET

MN DEPT OF REVENUE TO SEND 2.4 MILLION ONE-TIME TAX REBATE PAYMENTS IN THE FALL

The Minnesota Department of Revenue announced today the process to send 2.4 million one-time tax rebate payments to Minnesotans. This rebate was part of the historic 2023 One Minnesota Budget, signed into law by Governor Tim Walz on May 24, 2023.

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

Taxpayers will not apply for this rebate payment. The department will use tax year 2021 individual income tax or property tax refund returns to determine eligibility and distribute these tax rebate payments in the early fall.

Eligible recipients who have not changed their address or banking information from what was on their 2021 income tax or property tax refund returns do not need to take any action.

Taxpayers who are eligible for the rebate and need to update their address or bank information should visit a new online portal at taxrebate.mn.gov to update that information before 5:00 pm CST on Friday, July 28, 2023.

There is no application for the one-time tax rebate payment. Only eligible rebate recipients who need to update their information need to use the secure online portal.

What do taxpayers need to do?

If You Then
Met the eligibility requirements, and your bank information or address have not changed since filing your 2021 return You do not need to take any action. We will deposit the refund to your bank account or mail a check to the address on your 2021 return.
Met the eligibility requirements and your bank information or address have changed since filing your 2021 return You will need to update your information with us. Update your information using the secure online portal.
Exceeded the income limits or did not file a 2021 return You do not qualify for this tax refund payment.

 

When will rebate payments go out?

Eligible recipients of the one-time tax rebate can expect to get their rebate payment in the early fall.

Who is eligible for the one-time tax rebate?

You are eligible if you meet all of the following requirements:

  • You were a Minnesota resident for part or all of 2021
  • You filed one of the following returns by December 31, 2022:
    • 2021 Form M1, Minnesota Individual Income Tax
    • 2021 Form M1PR, Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund
  • Your 2021 adjusted gross income (line 1 of Form M1 or Form M1PR) was:
    • $150,000 or less for married joint filers
    • $75,000 or less for all other filers
  • You were not claimed as a dependent on someone else’s 2021 Minnesota income tax return

Taxpayers who died before January 1, 2023, are not eligible.

Visit our website for one-time tax rebate eligibility requirements and additional information.

Share:
author avatar
krox admin
Tags: , ,