Minnesota Releases Process for 1-Time Tax Rebate Payments: How to Update Your Info and Get Yours
The Minnesota Department of Revenue has released the process for receiving the tax rebate payments, which will be sent out to around 2.4 million eligible Minnesotans this fall. Eligibility is based on income, with individuals making $75,000 or less and couples making $150,000 or less eligible for payments of $260 and $520, respectively. Parents in those income brackets will receive an additional $260 per child, up to three children. Eligible recipients do not need to apply for the rebate payment, but those with changed banking or address information since their 2021 tax filing must update it by July 28. The revenue department expects to send out 250,000 checks per day for 10 business days early this fall.