6/26/2023 -The recent Minnesota tax legislation increased refunds for the 2022 Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund (Form M1PR). If you already filed a 2022 Form M1PR, you may see a larger refund than originally claimed.
The income requirements have not changed for claiming either the Homestead Credit Refund or the Renter’s Property Tax Refund.
How do I get the increased refund?
- We’re updating our systems to automatically increase refunds on previously filed returns. We expect to start issuing the larger refunds in mid-July for renters and mid-September for homeowners.
If you have not filed 2022 Form M1PR yet:
- Review the 2022 Form M1PR instructions to see if you qualify for these refunds. If you qualify, complete the 2022 Form M1PR. For more information, see Filing for a Property Tax Refund. The final deadline to claim the 2022 refund is August 15, 2024.
If you filed 2022 Form M1PR before June 14, 2023:
- It depends on how you filed your return.
| If you filed as a | Then |
| Renter, nursing home resident, or adult foster care resident | You do not need to do anything. We will increase your Renter’s Property Tax Refund by 20.572% and send you the additional refund automatically. |
| Homeowner or mobile home owner, and you claimed a Special Property Tax Refund when filing | You do not need to do anything. We will increase your Homestead Credit Refund by 20.572%, recalculate your special refund, and send you the additional refund automatically. |
| Homeowner or mobile home owner, and you did not claim a Special Property Tax Refund when filing | Review our updated 2022 Form M1PR instructions to see if you qualify for the special refund. If you qualify, file 2022 Form M1PRX, Amended Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund, and complete the Special Refund section. For more information, see Amending a Property Tax Refund. |
| Homeowner or mobile home owner, and you do not qualify for the Special Property Tax Refund | You do not need to do anything. We will increase your Homestead Credit Refund by 20.572% and send you the additional refund automatically. |
6/15/2023 – The recent legislative changes to the M1PR are now live in the 2022 application. NOTE: MN DOR has indicated that NO amended returns should be filed for already accepted M1PR’s. MN will adjust already filed and accepted M1PR’s if eligible for the increased refund.
The updates to the M1PR are as follows:
- M1PR, Page 1
- Line 18, Renter’s Refund increased by 20.5%
- M1PR, Page 2
- Line 22, Homestead Credit Refund increased by 20.5%
- Line 34 was changed from 12% to 6%
- Line 38 (maximum special refund allowed) was changed from $1,000 to $2,500
Minnesota tax code changes were recently signed into law on May 24, 2023. Some of the changes relate to the 2022 M1PR and will be applied retroactively. Minnesota also indicated additional retroactive changes were signed into law that are still being reviewed by MN DOR. At this time, there is nothing for you or your taxpayers to do. All software vendors must wait to receive guidance from MN DOR before implementing any changes to the software. As additional information is released by MN DOR and updates are made to the software, this post will be updated to provide additional guidance as issued by MN DOR. You may also refer to the MN Tax Law Changes page for additional information by CLICKING HERE.