A lot of people in Minnesota were able to apply for a $1,300 rebate aid check in August. This payment is part of a plan by the Minnesota Department of Revenue to give money back to people who did not cash their checks at first.
A lot of checks were sent out as tax refunds last year, but it was found that about 128,000 of them were never cashed. The first checks have now expired, so the department has chosen to print new ones to make sure the right people get their money.
Other States Are Rolling Out Rebate Checks Like Minnesota’s $1,300 Stimulus
Rebate stimulus programs similar to Minnesota’s $1,300 payments:
- Several states have approved legislation to provide tax rebates to residents, with payments ranging from $250 to $1,700 per person. Key points about rebate programs in other states:
- Maine: Taxpayers with AGI under $100,000 are eligible for $850 payments ($1,700 for joint filers)
- Massachusetts: Proposed one-time rebates of $250 for individuals and $500 for married couples, based on 2021 income between $38,000-$100,000 for individuals and up to $150,000 for couples. Separate $500 stimulus checks already went out to low-income workers.
- New Mexico and Alaska are providing payments to residents from their oil revenues
- A total of 19 states have approved rebate legislation so far
What is the $1,300 rebate stimulus check?
August 15 is the last day to send in the M1PR (Minnesota Property Tax Refund) application. On the other hand, applications will be taken and handled until August 15 of the next year.
Applications sent in before the deadline will get their money back by the end of September or the beginning of October. If the application is turned in after the due date, the repayment will be made within 60 days.
Where the checks are sent
The checks are sent to the most up-to-date addresses that people gave on their tax forms. These checks can be cashed for two years from the date they were issued, which is plenty of time.
About 2.1 million payments have been made through this scheme so far, and it has a budget of close to $1 billion. Based on tax records from the fiscal year of 2021, this project is being carried out under the laws that were passed in May 2023.
The first payments were made in November 2023, but many of the checks were not cashed, so the Department of Revenue chose to send them out again in February 2024. The checks are being sent again to people who haven’t cashed them yet. This will cover about 128,000 delayed payments.
Refund amounts
People who file their taxes by themselves can get $1,300, and married couples who file jointly can get an extra $520. They also add an extra $260 for each dependent they list, up to a maximum of three.
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
In order to get your check, make sure that the Minnesota Department of Revenue has the most up-to-date information on your address. You can call them to find out what’s going on with your return.
It is suggested that you send in your application online to speed up the refund process. This could speed up the process so you get your return within 60 days of sending it in.
This return is a big help to Minnesotans’ finances because it helps to offset the property taxes they paid. Additionally, it offers extra cash help during times of need, which helps many families across the state.
Minnesotans can get back some of the taxes they paid in the 2021 fiscal year with the help of the $1,300 rebate boost check. Make sure you know about important times and that your information is correct so that you can easily get your refund.