Minnesota Tax Rebate: How to Secure Your Payment

Minnesotans who have moved or changed banking information since filing their 2021 taxes must update their details with the state to receive a rebate check this fall. The Department of Revenue has opened a portal for eligible individuals to enter their new address or banking information. The rebate amounts range from $260 for individuals to $1,300 for a family of five, based on income thresholds. Most eligible individuals won't need to take any action as the Department of Revenue will review tax filings to determine eligibility. The checks are expected to be sent out or deposited early this fall. The rebates are not considered taxable income at the state level, but it is uncertain if the federal government will tax them.