In 2024, the Minnesota Department of Revenue is set to offer a stimulus payment of up to $1300 as part of a tax rebate initiative based on legislation passed in May 2023.
This one-time payment aims to provide financial relief to residents facing ongoing challenges from the COVID-19 pandemic.
Below, you’ll find details on eligibility, payment dates, and how to claim the $1300 Stimulus Check Payment 2024.
$1300 Stimulus Check Payment 2024
This stimulus payment, provided by the Minnesota Department of Revenue, is based on the income or property tax returns filed in 2021.
The payment was part of a larger effort to offer financial support, with approximately 2.1 million direct payments made in 2023, and ongoing payments expected in 2024.
The payment can be as high as $1300 for eligible taxpayers and is distributed through direct deposit and paper checks.
| Program Name | $1300 Stimulus Checks Payment 2024 |
|---|---|
| Organization | Minnesota Department of Revenue |
| Eligibility | Minnesota residents |
| Category | Finance |
| Official URL | Minnesota Department of Revenue |
Who Is Eligible for the $1300 Stimulus Check 2024?
To qualify for the $1300 Stimulus Check Payment, residents must meet specific eligibility criteria, primarily based on their 2021 income and residency status. Below are the main eligibility requirements:
- Residency: You must have lived in Minnesota for all or part of 2021.
- Tax Return: You must have filed a Form M1 for 2021.
- Income Requirements:
- If married and filing jointly, the combined Adjusted Gross Income (AGI) must be $150,000 or less.
- For all other filers, the AGI must be $75,000 or less.
- Dependents: You should not have been listed as a dependent on someone else’s 2021 Minnesota tax return.
- Deceased: Individuals who passed away before January 1, 2023, are not eligible, except in cases where a spouse died on January 1, 2023, and the couple filed jointly.
Breakdown of Stimulus Payment Amounts
The legislation signed by Governor Tim Walz in May 2023 outlines the following stimulus payment amounts for eligible Minnesota residents:
- $520 for married couples filing jointly with an AGI of $150,000 or less.
- $260 for single filers with an AGI of $75,000 or less.
- $260 for each qualifying dependent, with a maximum of three dependents.
This stimulus program is part of a broader effort to distribute funds from the state’s $17.6 billion budget surplus.
How to Claim the $1300 Stimulus Check Payment 2024
Eligible individuals do not need to file a separate application for the $1300 stimulus check. The Minnesota Department of Revenue will automatically process payments based on the 2021 tax return information. Here’s how you can confirm your eligibility and track your payment:
- Visit the Official Website: Go to the Minnesota Department of Revenue website.
- Use the “Where is My Refund” Tool: Click on the link to track your payment.
- Enter Your Information: Provide your Social Security number and other necessary details to verify your identity.
- Complete Necessary Forms: If needed, fill out any additional forms or provide required documents.
- Check for Updates: The IRS and the Department of Revenue regularly update their portals with the latest payment information.
Payment Dates for the $1300 Stimulus Check 2024
The payment dates for the $1300 Stimulus Check are expected to vary based on the payment method (direct deposit or paper check). Here’s what we know so far:
- Direct Deposits: The Minnesota Department of Revenue prioritized direct deposits for eligible recipients. Payments are expected to be deposited starting July 1, 2024.
- Paper Checks: Recipients who prefer or require paper checks may need to wait a little longer, but all payments are expected to be disbursed by September 2024.
Payments for 2024 will continue the work started in 2023, when around 128,000 one-time tax refund checks were issued but not cashed or redeemed. These checks were reissued with an expiration date in 2024.
Fact Check: $1300 Stimulus Check Payment 2024
The $1300 stimulus check is part of a broader plan to distribute funds from Minnesota’s budget surplus.
In 2023, initial payments were made to Minnesotans, with up to $520 for married couples, $260 for individuals, and $260 per dependent. The program was designed to offer financial relief and boost household income as part of Minnesota’s efforts to combat the financial challenges posed by inflation and the pandemic.
Key Points:
- Initial payments were distributed between August and September 2023.
- Reissued checks for uncashed payments were sent to recipients with updated addresses.
- The program is expected to continue with new payments in 2024, beginning in July.
The $1300 Stimulus Check Payment 2024 is an essential financial aid program for Minnesota residents.
With the state leveraging a large budget surplus to support households, it’s important to stay updated on the payment schedule and eligibility requirements.
Keep an eye on the Minnesota Department of Revenue’s website for the latest information regarding this stimulus initiative, and make sure you meet the criteria to claim your payment.
FAQs
Who is eligible for the $1300 stimulus check?
Minnesota residents who lived in the state for part or all of 2021, filed a Form M1, and meet income criteria.
When will the $1300 stimulus checks be issued?
Payments are expected to begin by July 1, 2024, with all checks disbursed by September 2024.
How do I claim the stimulus check?
Check your eligibility and track your payment on the Minnesota Department of Revenue’s website using the “Where is My Refund” tool.
What if I didn’t cash my 2023 stimulus check?
The department has reissued uncashed checks. Recipients have two years to cash the reissued checks.
How much will I receive from the stimulus payment?
Eligible couples may receive $520, individuals $260, plus an additional $260 per dependent (up to three).
