$1,300 Rebate Stimulus Check For Minnesota Residents: Know Payment Schedule & Eligibility

Minnesota residents now have a chance to claim a $1,300 rebate stimulus check under a program designed to redistribute uncashed tax refunds.

Last year, many taxpayers received rebate checks as part of a tax refund, but around 128,000 of these payments were never cashed.

The Minnesota Department of Revenue is now reissuing those checks to ensure eligible residents receive their due refunds.

$1,300 Rebate Stimulus Check For Minnesota Residents

The $1,300 rebate stimulus check is part of a broader effort to provide financial relief to Minnesota residents. The program stems from legislation passed in May 2023, which allocated nearly $1 billion for rebates based on 2021 tax returns.

The goal is to help taxpayers who may have missed out on previous refunds.

Key Details:

• Application Deadline: The deadline for filing the M1PR (Minnesota Property Tax Refund) application is August 15. However, applications are accepted until August 15 of the following year.
• Processing Timeline: Refunds for applications submitted before the deadline are expected by late September or early October. Late submissions will be processed within 60 days.
• Check Validity: Reissued checks are valid for two years, giving recipients ample time to cash them.

Who Gets the Rebate?

Eligibility Criteria:

• Single Filers: Eligible for $1,300.
• Married Filers: Can receive an additional $520.
• Dependents: An extra $260 per dependent, up to three dependents.

Where Are the Checks Sent?

Checks are mailed to the most recent address provided on tax returns. It’s essential to ensure your address is up to date with the Minnesota Department of Revenue to avoid delays.

Payment Schedule and Reissuance

The initial round of payments began in November 2023. However, because many checks went uncashed, the Department of Revenue decided to reissue them in February 2024. The ongoing reissuance covers the 128,000 outstanding payments.

So far, approximately 2.1 million payments have been distributed.

Tax Implications

It’s important to note that these rebate checks are taxable. Recipients will receive an IRS Form 1099-MISC, which they must include when filing their 2023 tax returns. Be prepared to account for this income in your taxes.

Troubleshooting: Missing Payments

If you haven’t received your rebate, check that your address is correct in the Minnesota Department of Revenue’s system. You can also contact them directly to inquire about your payment status.

To expedite the refund process, it’s advised to submit your application electronically, which can lead to faster processing and payment within 60 days.

Financial Relief for Minnesota Residents

This rebate check offers much-needed financial support, especially for those struggling with property taxes or other expenses. It provides an opportunity to recover a portion of the taxes paid in 2021 and serves as a buffer during tough economic times.

Similar Programs in Other States

Minnesota isn’t the only state offering rebate stimulus programs. Here’s a snapshot of similar initiatives across the U.S.:

• Maine: Eligible taxpayers with an Adjusted Gross Income (AGI) under $100,000 receive $850 payments, while joint filers get $1,700.
• Massachusetts: One-time rebates of $250 for individuals and $500 for married couples based on 2021 income levels. Additionally, $500 stimulus checks were issued to low-income workers.
• New Mexico & Alaska: Both states are distributing payments using oil revenues.

A total of 19 states have approved similar rebate legislation, offering payments ranging from $250 to $1,700 per person.

The $1,300 rebate stimulus check is a significant financial boost for many Minnesota residents.

To ensure you receive your payment without issues, keep your personal information updated and stay aware of key deadlines.

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