Update on Direct Tax Rebate Payments and the 2023 Legislative Session
Yesterday, Governor Tim Walz signed legislation that directs the Minnesota Department of Revenue to distribute direct tax rebate payments. These payments are:
- $520 for married joint filers who had a 2021 adjusted gross income of $150,000 or less
- $260 for all other filers who had a 2021 adjusted gross income of $75,000 or less
- An additional $260 per dependent, up to three dependents, for filers who had a 2021 adjusted gross income at or below the thresholds above
You do not have to apply for this payment. Revenue will use tax year 2021 individual income tax or 2021 property tax refund returns to determine eligibility and distribute these tax rebate payments. We will reduce rebate amounts for part-year residents based on the percentage of the year they lived in Minnesota. We anticipate sending out these payments in early fall.
What do I need to do?
Where do I look to find my 2021 adjusted gross income?
Your adjusted gross income is located on line 1 of both the 2021 form M1 and form M1PR.
Where can I get more information?
The department is reviewing other legislation recently signed into law and will begin working to update the state tax filing systems to reflect changes made to Minnesota’s tax laws. For more information on other tax law changes, visit the Tax Law Changes page on the MN Department of Revenue website.