Stimulus update: Direct Minnesota payments worth up to $1,300 to finish sending in four days

Minnesota homeowners or renters could see property tax rebates of up to $1,300 hit their bank account or via a check in the mail in four days.

Officials from the Minnesota Department of Revenue are providing tax relief to homeowners through a one-time tax rebate that they began disbursing in August. The rebate is the result of a $2 million fund from the state’s multibillion-dollar budget surplus, which was signed into law by Gov. Tim Walz (D-MN) earlier this year.

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The funds will be automatically distributed based on Minnesotans’ 2021 income tax returns by check or direct deposit by the end of September.

“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 have qualified, Minnesotans adjusted gross income must be $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.

The state is partnering with U.S. Bank to send out the rebates, and the check description will read, “State of Minnesota 2021 Tax Rebate Program.”

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“Revenue used a third party because we are in the middle of property tax refund season, and the department does not have the resources needed to issue both payments without risking an interruption to property tax refunds,” Ryan Brown from the state’s Revenue Department said, per KARE 11. “We understand many taxpayers rely on timely property tax refunds to pay their October property tax bill, so it’s vital there is no interruption.”

This rebate payment is being handled outside the typical system in which the state processes tax refunds, meaning there was no application. 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 they have not received a rebate by October.