"Minnesota Taxpayers: Update Info Now for Fall Rebate Payment"

The Minnesota Department of Revenue has opened an online portal for taxpayers to update their bank information and street address ahead of receiving a payment from the state as part of the 2023 legislative budget. Eligible taxpayers who need to update their information must do so before July 28, 2023. The one-time rebate payment, which was approved at $260 for single filers or $520 for couples, is expected to be sent out in the early fall. The requirements for the rebate include being a resident of Minnesota in 2021, having an adjusted gross income of $150,000 or less for married joint filers, and filing a property tax refund by December 31, 2022.