New stimulus update: $1,300 tax rebate checks sent out now.
Minnesota Sends Tax Rebates to Eligible Residents
Exciting news for Minnesota residents! The state is rolling out tax rebates of up to $1,300 per family, starting this week. This means extra money in your pocket to help with expenses or treat yourself to something special.
If you’re enrolled in direct deposit, you’re in luck! The first wave of payments will be deposited directly into your bank account by the end of the week. For those who haven’t signed up for direct deposit, don’t worry. Paper checks will be mailed out throughout September, ensuring everyone receives their well-deserved rebate.
What to Expect
When you check your bank account, keep an eye out for the payment labeled as “State of Minnesota 2021 Tax Rebate Program.” This will help you easily identify your rebate.
The amount of your rebate depends on your taxpayer status. If you’re a married couple filing jointly and earn a gross income of $150,000 or less, you’ll receive a generous $520 rebate. Individuals making $75,000 or less will also enjoy a rebate of $260.
But wait, there’s more! For each dependent you claim, an additional $260 will be added to your rebate, up to a maximum of three dependents. This means even more money to support your loved ones.
With nearly 2.1 million rebate payments being distributed, the state is proud to provide this financial relief as students head back to school. It’s the perfect time to alleviate some of the stress of buying school supplies and ensure families have what they need.
If you’re eagerly awaiting your rebate, remember that tracking is not available. However, if you haven’t received your payment by October, don’t hesitate to reach out to the Minnesota Department of Revenue for assistance.
Don’t miss out on this fantastic opportunity to receive a tax rebate. It’s a wonderful way for Minnesota to show its appreciation to its residents and provide some much-needed financial support.
Click here to read more from The Washington Examiner.
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