Starting with 2024 tax filings, the Minnesota Department of Revenue is now including the Renter’s Rebate to be included in the MN M1 Income Tax return and is no longer a separate return.
Starting this upcoming tax filing season, renters eligible for a property tax refund will now claim the new Renter’s Credit on their Minnesota Individual Income Tax return. To claim the Renter’s Credit, renters must file a state income tax return (Form M1). The Renter’s Credit will be part of their income tax refund amount, be applied to the amount owed on their income tax return, or be applied to other debts referred to the Minnesota Department of Revenue.
Rent Rebate's: For those who file a Rent Rebate, you NOW must file a Federal and MN income tax return to cliam your Renter’s Rebate. This means you will no longer have to wait until March 15th to file for your rebate and your refunds will be processed was soon as the return is filed, which means you will receive your refund within weeks instead of having to wait until July or August for your refund. Also, you will have an extra year to file for these rebates.
Homeowner's Rebates: For those who filed their property tax refund by June 15th, expect to see your refund direct deposited around September 15th or a check mailed within two weeks from then. If your return was filed after June 15th, your refund may be delayed for 30 days or more. Property owner’s still have only 18 months to file for a property tax rebate, otherwise you will lose it.
You can check the status of your refund by visiting the Where's my Refund? tool on the MN Department of Revenue's website.
If your refund was delayed due to filing after June 15th, expect your refund between September 15th and November 15th