How to Claim $1,300 Rebate Stimulus Check: Know Payment Timeline & More Details

In August, many Minnesota residents had the chance to apply for a $1,300 rebate stimulus check. This payment initiative by the Minnesota Department of Revenue aims to redistribute funds to taxpayers who initially did not cash their checks.

Last year, numerous checks were sent out as part of a tax refund, but approximately 128,000 of these went uncashed.

Since the original checks have expired, the department has decided to issue new ones to ensure the intended recipients receive their money.

What is the $1,300 Rebate Stimulus Check?

Application Deadline and Processing

The deadline for submitting the M1PR (Minnesota Property Tax Refund) application was August 15. However, applications will continue to be accepted and processed until August 15 of the following year.

Refunds for applications submitted before the deadline will be processed by late September or early October. If the application is submitted after the deadline, the refund will be processed within 60 days.

Distribution of Checks

The checks are sent to the most recent addresses that residents have provided in their tax returns. These checks are valid for two years from the date of issuance, allowing ample time for them to be cashed.

Budget and Legislative Background

So far, approximately 2.1 million payments have been issued under this program, with a total budget close to $1 billion. This initiative is being carried out under the legislation approved in May 2023, based on tax data from the 2021 fiscal year.

Payment Timeline

Payments began in November 2023. Since many of these checks went uncashed, the Department of Revenue decided to reissue them in February 2024.

Currently, the checks are being resent to those who have yet to cash them, covering around 128,000 outstanding payments.

Refund Amounts

• Individuals Filing Singly: Eligible for $1,300.
• Married Couples Filing Jointly: Can receive an additional $520.
• Dependents: An extra $260 is added for each dependent claimed, up to a maximum of three dependents.

It is important to note that these checks are taxable. Recipients will receive an IRS Form 1099-MISC to include in their 2023 tax returns.

What to Do If You Don’t Receive Your Check

Verify Your Address

Ensure that your address is up to date in the Minnesota Department of Revenue’s system. You can contact them directly to check the status of your refund.

Expedite the Refund Process

To expedite the refund process, it is recommended to submit your application electronically. This could lead to faster processing and result in receiving your refund within 60 days of submission.

Financial Relief and Support

This refund is a significant financial relief for Minnesota residents, helping to offset the property taxes paid. It also provides extra financial support during times of need, benefiting numerous families across the state.

Key Steps to Ensure You Receive Your Rebate

1. Update Your Address: Verify and update your address with the Minnesota Department of Revenue.
2. Submit Applications Electronically: This ensures faster processing and quicker receipt of your refund.
3. Stay Informed: Keep track of important dates and deadlines to avoid any delays in receiving your rebate.
4. Check for IRS Form 1099-MISC: Remember to include this form in your 2023 tax returns, as the rebate is taxable.

The $1,300 rebate stimulus check offers a crucial opportunity for Minnesota residents to recover part of the taxes paid during the 2021 fiscal year.

By staying informed about important dates, ensuring your information is up to date, and submitting applications electronically, you can ensure a smooth and timely receipt of your refund.

This financial relief is designed to help offset property taxes and provide additional support during challenging times.

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