Minnesota residents who qualified for a property tax rebate of up to $1,300 per family will see their payments sent out by the end of September. The rebate is part of a $2 million initiative from the state’s budget surplus, approved by Governor Tim Walz. Payments are determined based on individuals’ 2021 income tax returns and will be automatically distributed through checks or direct deposits.
This one-time rebate is available to Minnesota residents who lived in the state in 2021 and filed an income tax return or property tax refund. Eligibility criteria include an adjusted gross income limit of $150,000 or less for married couples filing jointly and $75,000 or less for single filers. Individual filers can expect to receive $260, while married couples will receive $520, with an additional $260 allocated for each of up to three dependents. This means that married couples with the maximum number of dependents could receive up to $1,300.
Applicants do not need to submit an application for this rebate payment, and it is processed separately from the standard tax refund system. Consequently, taxpayers are unable to track the status of their rebate. State officials advise individuals who anticipate receiving a payment but do not receive it by October to contact the Department of Revenue’s customer service operations.