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Department Of Revenue

All articles tagged with #department of revenue

technologylocal-news1 year ago

Minnesota E-Bike Rebate Applications Delayed by Website Issues

The Minnesota Department of Revenue has postponed the launch of its e-bike rebate program application due to a website failure caused by high demand. The application window was supposed to open on June 5, 2024, but technical issues forced the delay. The new launch date is not yet known, and those who successfully submitted applications do not need to re-submit. The rebate covers 50 to 75 percent of a qualifying $1,500 purchase, depending on income.

via FOX 9 Minneapolis-St. Paul|
#application-postponement#department-of-revenue#e-bike-rebate
finance2 years ago

Confusion as Minnesota tax rebate checks arrive from Montana

Minnesota tax rebate checks are being mailed from a vendor based in Montana, causing confusion for recipients who may mistake them for junk mail. The checks are legitimate and are being distributed by Submittable Holdings, a software company partnered with the Minnesota Department of Revenue. The state is also working with U.S. Bank for distribution. The rebate payments range from $260 to $1,300, depending on income and dependents. Recipients who did not receive direct deposit will receive checks mailed to the addresses provided on their 2021 tax returns. Those who believe they are eligible for a rebate but have not received payment by the end of September should contact the Department of Revenue.

via FOX 9 Minneapolis-St. Paul|
#department-of-revenue#finance#minnesota
finance2 years ago

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.

via MPR News|
#department-of-revenue#eligibility#finance
finance2 years ago

Minnesota's Infrastructure Plan Includes Big Transit Investments and Tax Rebates.

The Minnesota Department of Revenue will send out rebate checks to 2.5 million Minnesotans this fall as part of a $3 billion tax bill passed by lawmakers. The amount of the check is based on 2021 income, with individuals making $75,000 or less receiving $260 and couples making $150,000 or less receiving $520. Parents in those income brackets will receive an additional $260 per child, up to three kids. Eligibility is determined by checking line 1 of your 2021 state tax return, and if your banking information or address has not changed, there is nothing further you need to do. The rebate checks will not be taxed on the Minnesota side, but it is unclear if they will be taxed on the federal side.

via CBS Minnesota|
#department-of-revenue#eligibility#finance
finance2 years ago

Minnesota's Tax and Budget Updates: What You Need to Know.

Minnesota taxpayers will soon receive tax rebates of $260 per taxpayer and per dependent for eligible people, as part of the final version of the tax bill signed by Governor Tim Walz. Eligible individuals will not need to apply for the rebates, as the Minnesota Department of Revenue will use 2021 income or property tax refund returns to determine eligibility and payout the rebate. The rebates will be made either straight into the bank account or sent to the address attached to the 2021 tax filing. The Department of Revenue will provide a new online system this summer to update banking information or address changes. The refunds are expected to be sent out in early fall.

via FOX 9 Minneapolis-St. Paul|
#department-of-revenue#eligibility#finance
finance2 years ago

Georgia Tax Refund Timeline and Payment Updates

Georgia Governor Brian Kemp signed a bill that will give Georgians a special state income tax refund of up to $500, which will be issued by the Department of Revenue in six to eight weeks. Taxpayers who filed tax returns in both 2021 and 2022 are eligible to receive the money, and most refunds will be issued by July 1, as long as taxes are filed on or before April 18. The money comes from more than $1 billion in surplus funds the state currently has.

via WSB Atlanta|
#department-of-revenue#finance#georgia