Get a $1,300 Rebate Stimulus Check – Know When It’s Coming and How to Claim It

Published on:

In August, many Minnesotans were offered the chance to apply for a $1,300 rebate stimulus check, part of a broader initiative by the Minnesota Department of Revenue. This program aims to redistribute funds to taxpayers who, for various reasons, did not initially cash their checks. With deadlines approaching and checks already being reissued, here’s what you need to know about when you can expect your payment.

Rebate Stimulus Check

The $1,300 rebate stimulus check is a financial relief initiative designed to help Minnesota residents recoup some of the property taxes paid in 2021. The deadline for submitting the Minnesota Property Tax Refund (M1PR) application was August 15, but applications will still be accepted and processed until August 15 of the following year. If you submitted your application before the August deadline, you can expect your refund by late September or early October. For those who apply after the deadline, refunds will be processed within 60 days of submission.

Checks

The rebate checks are sent to the most recent addresses provided by residents on their tax returns. It’s crucial to ensure that your address is up to date in the Minnesota Department of Revenue’s system to avoid delays. Once issued, these checks are valid for two years, giving recipients plenty of time to cash them.

This initiative has already seen approximately 2.1 million payments issued, with the total budget approaching $1 billion. The program, approved under legislation passed in May 2023, is based on tax data from the 2021 fiscal year. While payments began in November 2023, many checks went uncashed, prompting the Department of Revenue to reissue them starting in February 2024.

Rebate Amounts

The rebate amounts vary based on your filing status and dependents:

  • Individuals filing singly: $1,300
  • Married couples filing jointly: An additional $520
  • For each dependent claimed: An extra $260 (up to three dependents)

It’s important to note that these rebate checks are taxable income. Recipients will receive an IRS Form 1099-MISC to include in their 2023 tax returns, so be sure to account for this when planning your taxes.

You Don’t Receive Your Check

If you haven’t received your check yet, the first step is to verify that your address is up to date with the Minnesota Department of Revenue. You can contact them directly to check the status of your refund. To expedite the process, consider submitting your application electronically, which may result in receiving your refund within 60 days of submission.

This rebate is a significant financial relief for many Minnesota residents, helping offset property taxes and providing much-needed financial support during challenging times.

Programs in Other States

Minnesota isn’t the only state offering rebate stimulus checks. Several states have introduced similar programs:

  • Maine: Offers $850 payments ($1,700 for joint filers) to taxpayers with an adjusted gross income (AGI) under $100,000.
  • Massachusetts: Proposed one-time rebates of $250 for individuals and $500 for married couples, based on 2021 income between $38,000-$100,000 for individuals and up to $150,000 for couples. Additionally, $500 stimulus checks were sent out to low-income workers.
  • New Mexico and Alaska: Provide payments to residents funded by oil revenues.

In total, 19 states have approved rebate legislation, reflecting a broader trend of state governments returning funds to taxpayers.

This $1,300 rebate stimulus check is a valuable opportunity for Minnesota residents to recover some of the taxes paid in 2021. To ensure you receive your rebate, keep your information up to date and stay informed about important deadlines. If you missed the August deadline, don’t worry—there’s still time to apply and receive your refund.

FAQs

When will I receive my $1,300 rebate check?

Expect it by late September or early October if you applied by the deadline.

What if I applied after August 15?

Your refund will be processed within 60 days of submission.

Are these rebate checks taxable?

Yes, they are taxable. You will receive a 1099-MISC form.

What should I do if I don’t get my check?

Ensure your address is up to date with the Minnesota Department of Revenue.

Can I still apply for the rebate?

Yes, applications are accepted until August 15 of the following year.

Leave a Comment