Minnesota Households to Receive Up to $1,300 in Tax Rebate Checks This Week

Over $1.1 billion in tax rebates will be distributed to qualifying Minnesotans, with the first wave of payments being direct deposits and paper checks to follow. The rebates were carved out of a projected budget surplus and are reserved for married filers with an adjusted gross income below $150,000 or single filers beneath $75,000. The amount of $260 per person can be multiplied by the number of recipients in a household, with married filers and up to three dependents earning the maximum. The rebates were designed to offset financial hardships during COVID-19 and inflationary pressures, and a final ruling on federal taxation of these payments is pending.