Minnesota's Historic Tax Rebates: Up to $1,300 for Families
Governor Walz Announces Details of Rebate Program
Governor Tim Walz has announced the details of Minnesota's historic tax rebate program, which will provide up to $1,300 for eligible Minnesotans.
Who Qualifies for the Rebates?
To qualify for the rebates, individuals must meet the following criteria:
- Filed a 2022 Minnesota income tax return by April 15, 2023
- Paid Minnesota income taxes in 2022
- Meet the income requirements (up to $164,400 for single filers, $273,400 for married couples filing jointly)
How Much Will I Receive?
The amount of the rebate depends on filing status and income:
- Single filers: Up to $725
- Married couples filing jointly: Up to $1,300
When Will I Receive My Rebate?
Rebate payments will be sent out in the summer of 2023. The Minnesota Department of Revenue will provide updates on the exact distribution schedule.
How to Apply
No action is required to receive the rebate. Eligible Minnesotans will automatically receive a check or direct deposit based on the information on their 2022 tax return.
Significance of the Rebates
The tax rebates are a significant step towards providing financial relief to Minnesotans. Governor Walz said, "These rebates will help families with the rising costs of living and make a real difference in their lives."
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