Minnesota Department of Revenue announces next steps for newly passed tax rebate payments

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Today, Governor Tim Walz signed legislation that directs the Minnesota Department of Revenue to distribute direct tax rebate payments. These payments are:

$520 for married joint filers who had a 2021 adjusted gross income of $150,000 or less
$260 for all other filers who had a 2021 adjusted gross income of $75,000 or less
An additional $260 per dependent, up to three dependents, for filers who had a 2021 adjusted gross income at or below the thresholds above
You do not have to apply for this payment. Revenue will use tax year 2021 individual income tax or 2021 property tax refund returns to determine eligibility and distribute these tax rebate payments. We will reduce rebate amounts for part-year residents based on the percentage of the year they lived in Minnesota. We anticipate sending out these payments in early fall.

What do taxpayers need to do?

If You… 
Met the income limits and your bank information or address have not changed since filing your 2021 return 
Then…
You do not need to take any action. We will deposit the rebate payment into your bank account or mail a check to the address on your 2021 return.  
If you…
Met the income limits and your bank information or address have changed since filing your 2021 return 
Then…
You will need to update your information with us this summer. We will provide a secure way to update your information online, with details coming soon. 
If you…
Exceeded the income limits or did not file a 2021 return 
Then…
You do not qualify for this tax rebate payment. 

Where can taxpayers find their adjusted gross income amount?

Your adjusted gross income is located on line 1 of both the 2021 form M1 and form M1PR.

Where can I get more information?

The department is reviewing other legislation recently signed into law and will begin working to update the state tax filing systems to reflect changes made to Minnesota’s tax laws. For more information on other tax law changes, visit the Tax Law Changes page on our website.

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