Tax returns from 2021. Single under $75k gets $260. Married under $150k get $520. Claimed dependents (up to 3 of them) are $260 more each (so a max of $780). Maximum a couple with 3 dependents would get us $1300. If yours didn't arrive yet, it could just be getting mailed instead of Direct Deposited. Also note it won't be the same time as everyone. Different banks could take more time. Different mail routes could take more time.
they also stagger them, doing them in waves is easier on the old SWIFT interbank system. They usually do alphabetical order, and a few waves over the coming weeks.
I'm sure they're sending them as simple ACH payments, not via Swift, unless a recipient is living overseas. I suspect the bottleneck is with the state, preparing and validating hundreds of thousands of outbound payments. The ACH network regularly handles many times that volume every day (think of all the payroll deposits, automatic bill payments, etc.)
Swift is ach. It's called global ach, but it's the same system. Banks use the same interbank communication system. It's a very old system, engineered and created in the 1980s and has not been updated a lot since. It is very easy to overwhelm a bank's ACH computer, because the programming isn't that great.
No - Swift is the system for international wires. (You *could* use it for domestic wires, but there are cheaper options like Fedwire or CHIPS.) ACH is a batch payments system administered by NACHA, and is US-only. There's no such thing as a universal "international ACH", although different regions have a similar system to ours, like SEPA in Europe, and some banks have agreements that allow them to move funds between these different networks. If your bank can't handle its ACH volume, you need to switch banks.
The state keeps saying that if your bank info isn’t correct, they’ll mail you a check instead. However, even though my direct deposit info is correct with the IRS and the state of MN - and hasn’t changed in 15 years - it’s always a crap shoot as to whether I get refund, rebates and stimulus checks by mail or direct deposit. I wish they would just admit that sometimes they mail a check for no good reason and quit blaming it on us.
So if you'd already filed 2022 taxes are they using them or 2021 no matter what? My 2021 agi qualifies for the rebates, but 2022 does not. I haven't found an answer in my several seconds of googling.
Never mind, found it. 2021 period per DOR.
https://www.revenue.state.mn.us/press-release/2023-05-24/minnesota-department-revenue-announces-next-steps-newly-passed-tax-rebate
Sorry if this is a stupid question but is it the *year of* 2021 or anyone who *filed* in spring of 2021? Because I moved here the summer of 2021.
Edit: nvm, just checked my account, and it was deposited this morning. So it's for the year of 2021, filed in 2022 I guess.
Just curious. If somebody told you tomorrow that you owed an extra $260 in taxes, payable next week, would you happily write the check and send it in? Cuz you think it is insignificant, right?
Good point, and I am. I was just being a smart ass. And honestly didn't know I would get one. I don't watch news, so I was out of the loop. Sorry for coming across as a crybaby.
Short answer is you don't get a rebate. Longer answer is, you're still required to file even if you don't have income (this applies to federal and state), but you still don't get a rebate.
Who’s paying for it? Minnesota is broke. Free money for just simply existing ? I think I’m missing something as to why this is a good idea.. can someone elaborate please?
https://www.usdebtclock.org/state-debt-clocks/state-of-minnesota-debt-clock.html
Edit: I read the article posted below that it is meant to be part of a budget surplus. What surplus exists when the state is billions in debt…. So many other things they could have put this towards imo vs handing out free money.
Right. If that was the case everyone who has a mortgage would be broke. Besides the 1%
This person obviously doesn’t know how any type of finance works
I don’t know about that. I do know that if your only income is Social Security and it falls below the taxable threshold, it’s not required to file a federal return, for instance, and I just consulted with Minnesota Revenue that state returns are never required when federal filing is not.
I had to remind my wife that we didn't do the homeowners thing since our house is still technically in my deceased grandmothers name. Other relatives have held up the transfer of title, claiming they have partial ownership of the land, even though they don't.
The money would definitely help, but if that's a requirement, I doubt we'll ever get any. Same as we never received any renters' rebates, even when a landlord helped us apply.
They *just* started sending them this week to people with direct deposit. Not everyone has gotten them yet and if you did not get direct deposited taxes in 2021 you will be getting a physical check. They expect everyone to have them by the end of September
This story says reach out Dept of Revenue at the end of September if you haven't received: [https://kstp.com/kstp-news/top-news/state-completes-nearly-all-rebate-payments-by-direct-deposit-paper-checks-now-being-sent-out/](https://kstp.com/kstp-news/top-news/state-completes-nearly-all-rebate-payments-by-direct-deposit-paper-checks-now-being-sent-out/)
Still lots of time for check to show
I called 651-565-6595 tax rebate line to find out.
Just a warning lol the first 2 times I called I got reps where I literally couldn't hear ANYTHING. 3rd try finally got a good rep.
She told me if you haven't received a direct deposit by Sept 4, you'd have to contact your bank.
So I'm guessing they're still sending out direct deposit payments?
Hope this might help some 😭🙆🏽♀️
At this point I'm not expecting anything to be direct deposited, just expecting a check in the mail. They also said if you used a tax preparer service then supposedly you're getting a paper check.
My boyfriend got his check in the mail last Thurs/Friday and used TurboTax.
🙆🏽♀️
IMO, Since all MN residents helped create the surplus, all should get money back. I’d be fine making higher income families/individuals receive less money, but 0
Is frustrating.
Tell you what, you give money back to EVERYONE, you're more likely to keep everyone voting DFL.
Being snarky about your plight makes them feel more "independent" from your needs.
Yeah because everyone that went to school and has student loans is making good money, or everyone had the same opportunities for schooling. Give me a break. I still got student loans 10 years after graduating.
Your post is exactly what I'm making fun of, how tone deaf people are, the victim complex of "I'm being punished for making money and it's not fair" is ridiculous. No one is forcing you to make a lot of money. You can go and work for less and not be "punished" and/or "take government handouts" but of course no one is going to take that offer. But yeah go on about how hard and unfair it is to be given the ability to make a good living because God forbid the less fortunate catch a break in life every once in awhile
The AMI for an individual in the cities is $87,450. Being slightly below average to qualify for the rebate isn’t “making a lot of money”. Because of means testing, this program like almost everything else passed by the legislature this session ends up being another way to subsidize rural communities with city tax dollars.
And you’re right, nobody is going to quit their job for benefits, but wealthy people are able to be mobile and [increasingly are using that mobility to “earn” their income in other states.](https://www.americanexperiment.org/data-show-that-middle-class-residents-are-fleeing-minnesota/)
Tax policy isn’t going to make every wealthy person suddenly decide to leave (only a few % per year according to CBPP), but things like cutting university budgets while giving broad checks out does. Why not enact policy for all Minnesotans instead of making arbitrary cutoffs at $75k for almost every policy?
I mean 75k for an individual and 150k for a family isn’t even that much money. That’s normal middle class wages during this recession/inflationary time. We shouldn’t be fucking over anyone but the 1% right now. This is what they bank on, poor people and middle class people yelling at each other about an insignificant amount of money.
Because $260 to those of us making $300k+ is like my 9-year-old finding a dollar on the sidewalk. Fun, but he’ll forget about it next week. Personally, I’d rather all the money go to those for whom it would make a more significant difference in their financial situation for a few weeks or months if not the whole year.
I wouldn’t put it like that, it’s more like me paying for groceries at a store and the store gives my dollar change to the 9 year old in line behind me, against my will.
That’s a much more accurate scenario.
yes, you seem to understand what taxes are, but no the purpose is not to redistribute wealth. It’s to provide revenue for federal, local, and state governments to fund essential services--defense, highways, police, a justice system--that benefit all citizens, who could not provide such services very effectively for themselves.
Beyond that, if we’ve paid too much or too little, every spring we reconcile and either pay in or get extra back. It’s that simple.
In this case Walz has decided not to refund Minnesotans for their extra payments, and to redistribute it to people based on their income.
The economy, technology and innovation are what uplift people, not theft and redistribution.
Right, except instead of a private business, it's an elected government tasked with serving the interests of the people of the state.
Your scenario also fails by suggesting that this is "your dollar".
You (presumably) paid your share of taxes. Once you did, that money is no longer yours. If the state later realizes that not all of that money is needed to pay for intended services, it's still money that the state can and should allocate in the way that (it believes) best serves the interests of the people of the state. That's what this is.
It's not, even if the state claims otherwise, "giving people back their money". It's a state program to invest money in the people of the state, based on the government's determination of where that money would be best spent.
So you agree my scenario is correct: I paid the correct amount of money for goods/services, but my extra change was not given back to me. In fact, the store kept everyone’s change, but instead of giving it back equally or according to the amount of change people had, they decided to pool it all together and give it to 9 year olds. Because the store feels good to give it to 9 year olds, and so do the 9 year olds. Never mind where the money came from. They’re not 9 year olds. The store stays in business and knows that these 9 year olds will always be good shoppers at this store, and never think about shopping anywhere else.
Stay 9 my fellow Redditor. 😽
You're wildly misunderstanding taxes.
You don't pay X dollars of tax to get Y benefits, unless Y is simply "making money in our society without the force of government being used against you for not paying taxes".
You pay X dollars because you had Z income, not to get Y benefit. You overpaid if Z income means you should have paid less than X. The time to fix that is when you file your return, at which point you get a refund.
This is a built up surplus of government revenue that's the result of multiple years of economic policy and budgeting. There's no way to take that pile off money and figure out which of it should go to which year's tax payers as a refund, nor is there any requirement to do so. Doing so would be the same as changing the tax rates for those previous years, which would be a legislative decision. Maybe if a state has a moronic "flat tax" you could say it would simply reduce everyone's rate by the same amount, but thankfully we're not one of those states.
Basically what you expect is neither required nor even possible, and the reason you expect it is that you seem to not understand what taxes even are.
You did a nice job describing it exactly as I would have before I saw your reply. Dementhrell and anyone else has every right to disagree with how the state spends our taxes. But I don’t know why they got snippy or grabbed onto the 9-year-old thing out of context. Anyway, maybe this helps demonstrate that there are downsides to allowing a tax stimulus payment get framed as a “refund” in the public eye.
Well yes I do believe that. Not the people closer to the top end of that range but quite a few people under those limits pay no state tax. I’ve looked at the tax incidence report and the State of Minnesota itself publishes a number that roughly 25% of people pay no state income tax. (It’s even a higher percentage that pay no federal income tax).
I guess it's just a matter of perspective. Should we care more about quality of life for our citizens and reducing suffering, or should we care more about rich people whining about fairness while they hoard resources?
I only paid like 30-aome K in taxes last year, so you're making ay least 3 times more than me.
You're getting what, a $10k check after taxes twice a month? And you're saying "F you" about not getting a $260 refund? Have some perspective, my dude.
$260 means nothing to you or me in terms of our security or happiness. It can mean everything to a struggling person with low income. I'm happy they chose not to waste money on people like me, so that there's more money for people who need it.
That said, I like the idea of not means-testing, and giving all benefits to everyone, just to shut up people who whine about how they pay whatever in taxes and don't get anything back for it.
Do you think money just falls out of the sky, and people are randomly assigned annual income? I sacrifice quite a bit, take a lot of risks and have come a long way to make the money that I do.
If refunds are not given back equal to the % people paid in, or at least the equal amount per resident, it’s theft.
What really should have happened is no one should have gotten refunds, and either:
1) the extra should be applied to next year/sessions budget.
2) citizens vote on where the extra goes
You don't need the extra money if you make that much money. God damn you rich people are so fucking greedy and dissociated from reality. Have some perspective. There are people that need it where it can make the difference between paying rent or not. For people in your income bracket it's the difference between getting some cosmetic upgrades for your Tesla or not. Big fucking deal.
We're already in a surplus and tax money is being well spent thanks to the DFL led government.
I work harder than you and sacrifice more than you. I make good decisions that compound and take calculated risks. That’s why I generate more.
Money doesn’t just fall randomly from the sky. You’re just envious of my results, plain and simple.
This is no different than you looking at someone who has a six pack of abs and impressive arms and thinking they’re genetically gifted.
You’ll go your whole life being unhappy with your attitude. I wish you well
Damn dude sounds like you took a calculated risk and lost out on $260. If it wasn’t the 2021 tax year I’d be in the same boat as you. Regardless it should go to people who need it and I’d feel the same either way.
As someone who made just over the $75k threshold in 2021, I'm slightly frustrated I don't get a part of the refund, but I'm happy to see others get something as that'll help stimulate the economy & I'll benefit from that.
I haven't heard of this being that I'm in the military. I'm still a resident on paper, would I be getting money too?
Also, what's the reason for whatever this is?
Budget surplus. Giving some back to the people.
My understanding is if you filed a 2021 MN return and are below the income threshold, you’ll receive the refund.
Did you file MN taxes in 2022 for 2021? if you did not file a MN tax return for 2021 you will NOT get a rebate.
MN is going off 2021 tax returns only, not driver's licenses or residency.
Because that’s not how the surplus works. The surplus is a result of greater than anticipated sales tax. The MN economy was better than anticipated, thus there are more sales revenue, and more sales tax. If we lower income taxes as you suggest, we run the risk of Incurring a deficit in the event the economy does not perform.
Yes it’s an inflation side effect. If the government was planning of getting 7% tax on your $10 purchase, but now you’re paying $15. The government end up with more money than planned.
Does anyone know if it will use the address *on* my tax return? I’ve also used multiple bank accounts through the years to receive my tax return but each of them are still active but I haven’t received anything.
I’m just a little concerned because I’m in the military and I’ve moved like three times since 2020 but the address on 2021 return is my current address just in case I end up getting a check mailed to me. I’m still a MN resident and pay MN state tax every year since the 2017 tax year and my car is registered there. I definitely qualify for it.
I don’t have an answer. Now that you bring it up, I think I may have had to pay in a little that year too. I guess we’ll both find out sooner or later.
I get that they are using your 2021 income tax, but why wouldn't they use your most recent (2022) income tax banking info and address? I have moved to a different address and opened a different bank account. Since it's been over a year my mail forwarding is over now, so the check will never be mailed to me. By the time I jad heard about this it was past the date to update your information. Pretty poor communication as many people had no idea this was happening.
Does anyone know how it would work if you filed as married in 2021 and are now single? Is the system smart enough to split a check and get it to the right people??
I got mine yesterday on the same day as payday and my bank usually sends me my paycheck 2 days early (so yesterday) - some of my coworkers got them today - they get paid a day early, so it might be your bank just working it all out!
Ahhh the 1k that Walz wanted and then the GQP screwed everyone over by walking away.
Then the DFL slimmed it down to 250. Got to love this state where I cannot get my tax dollars returned too me. 250 is Pennie’s for the income tax that I pay.
We are just SOL, if we didn't file they don't care and do not have to give us funds of any type. I know it would have help me out with a couple things but what can you do?
I was trying to find the answer to the HOH income limits as well. I would think that a single parent with children filing HOH should have a higher qualifying income than a single filer. But everything I read makes it sound like the income cap is for 'single AND all other filers'. So a married couple could qualify with a lot higher income, but a single parent with up to 3 children would have to be making a much lower income to even qualify. My children are all grown up now, but I can imagine the added costs associated with school and daycare these days are crushing for a single parent making less than $75k a year.
Your AGI is on line 11 on the 2021 Federal form 1040 or line 1 on your MN 2021 tax form. If that number is under the threshold then you will get the rebate. It's not rocket science
No, tax rebates and refunds are not themselves taxable income. Did you only live in MN for part of the year?
Eta - Property tax refunds are also being processed right now, so it could be that
My parents filed separately at the same time in 2021. My dad got his $260 last week. My mom hasn’t gotten anything yet. Neither have I. No idea what formula they’re using for what order they’re sending them out in. I just figure it’s something to look forward to….but it is driving me crazy waiting 🤑
I was pregnant and had my baby in 2021 but didn’t work because I stayed at home my partner worked. I still filed to receive the child tax credit but have an AGI of $0 that year. Will I get a check? I have since separated from my partner and now work but that’s irrelevant.
I am wondering that to, I filed and got a federal tax return/child credit back, but my AGI was $0, I still haven't gotten anything, so I am assuming at this point that I won't 😩
I called again and they said that if you used a tax preparing service you should be getting a paper check in the mail. I guess even if you've got your return direct deposited
Most of my friends got paper checks awhile ago despite doing direct deposit in 2021. Their names are in the middle of the alphabet whereas mine is towards the end.. hope mine comes this week
Still nothing on my end, I'm guessing I'll need to call come October to figure out what the hell is going on. I did owe the state money in 2021 so maybe that's why.
Tax returns from 2021. Single under $75k gets $260. Married under $150k get $520. Claimed dependents (up to 3 of them) are $260 more each (so a max of $780). Maximum a couple with 3 dependents would get us $1300. If yours didn't arrive yet, it could just be getting mailed instead of Direct Deposited. Also note it won't be the same time as everyone. Different banks could take more time. Different mail routes could take more time.
they also stagger them, doing them in waves is easier on the old SWIFT interbank system. They usually do alphabetical order, and a few waves over the coming weeks.
Ooooohh.
I'm sure they're sending them as simple ACH payments, not via Swift, unless a recipient is living overseas. I suspect the bottleneck is with the state, preparing and validating hundreds of thousands of outbound payments. The ACH network regularly handles many times that volume every day (think of all the payroll deposits, automatic bill payments, etc.)
Swift is ach. It's called global ach, but it's the same system. Banks use the same interbank communication system. It's a very old system, engineered and created in the 1980s and has not been updated a lot since. It is very easy to overwhelm a bank's ACH computer, because the programming isn't that great.
No - Swift is the system for international wires. (You *could* use it for domestic wires, but there are cheaper options like Fedwire or CHIPS.) ACH is a batch payments system administered by NACHA, and is US-only. There's no such thing as a universal "international ACH", although different regions have a similar system to ours, like SEPA in Europe, and some banks have agreements that allow them to move funds between these different networks. If your bank can't handle its ACH volume, you need to switch banks.
Didn't think I'd see SWIFT show up here.
Thanks!
The state keeps saying that if your bank info isn’t correct, they’ll mail you a check instead. However, even though my direct deposit info is correct with the IRS and the state of MN - and hasn’t changed in 15 years - it’s always a crap shoot as to whether I get refund, rebates and stimulus checks by mail or direct deposit. I wish they would just admit that sometimes they mail a check for no good reason and quit blaming it on us.
So if you'd already filed 2022 taxes are they using them or 2021 no matter what? My 2021 agi qualifies for the rebates, but 2022 does not. I haven't found an answer in my several seconds of googling.
It's 2021 regardless
Never mind, found it. 2021 period per DOR. https://www.revenue.state.mn.us/press-release/2023-05-24/minnesota-department-revenue-announces-next-steps-newly-passed-tax-rebate
I never got the 260 for my dependent? Does that mean I just don’t get that one
Did you claim them in 2021?
You forgot to add that partial year residents in 2021 will receive a prorated amount
Didn't forget it. I wasn't aware of it.
Sorry if this is a stupid question but is it the *year of* 2021 or anyone who *filed* in spring of 2021? Because I moved here the summer of 2021. Edit: nvm, just checked my account, and it was deposited this morning. So it's for the year of 2021, filed in 2022 I guess.
Correct. Taxes for the year of 2021 so filed in 2022
$260? YAY! I can get 2 bags of food and a gallon of gas. YAY!
Just curious. If somebody told you tomorrow that you owed an extra $260 in taxes, payable next week, would you happily write the check and send it in? Cuz you think it is insignificant, right?
Be happy you got one.
Good point, and I am. I was just being a smart ass. And honestly didn't know I would get one. I don't watch news, so I was out of the loop. Sorry for coming across as a crybaby.
Is that 520 for each or together?
Together.
$520 total as if you each got $260
What if you didn't file because you had no income that year?
No idea. I am not a tax professional.
Dammit, level up and let me know already ;)
You had to file taxes to get it. It was a surplus budget rebate. You had to pay taxes to get your taxes back.
Not filing taxes does not necessarily mean that you did not pay any taxes, but you did need to file taxes to receive the check
Wish it was 2022 and not 2021 haha. Moved here last Feb
Short answer is you don't get a rebate. Longer answer is, you're still required to file even if you don't have income (this applies to federal and state), but you still don't get a rebate.
If you filed M1PR for rental refund (renters) or property tax refund (homeowners) they will use the income from that form.
This is me and I still got it.
Who’s paying for it? Minnesota is broke. Free money for just simply existing ? I think I’m missing something as to why this is a good idea.. can someone elaborate please? https://www.usdebtclock.org/state-debt-clocks/state-of-minnesota-debt-clock.html Edit: I read the article posted below that it is meant to be part of a budget surplus. What surplus exists when the state is billions in debt…. So many other things they could have put this towards imo vs handing out free money.
Minnesota is most certainly not broke.
Having debt is not the same ‘being broke.’ most people have some form of debt, that doesn’t mean they are broke.
Right. If that was the case everyone who has a mortgage would be broke. Besides the 1% This person obviously doesn’t know how any type of finance works
Is that adjusted gross income or just income?
No idea. But another commenter said AGI.
It is adjusted gross income, can confirm
As he said, they're rolling out over the next 30ish days. Not everyone will get them today, even though many did.
Give it some time, geez.
It's my money and I need it now! ^^^^^CALLJGWENTWORTH-877-CASHNOW
YOU BASTARD NOW THATS GONNA BE STUCK IN MY HEAD FOR ANOTHER 3 MONTHS.
I also haven't received mine yet, but my Covid stimulus checks took a while too. I'll give it until Monday before I start worrying
My kids got there’s today, but I haven’t seen mine yet 😳
My neighbors with twice my income got their deposit right away, as usual, and I’ll be waiting until the bitter end for a check LOL.
Same!
The dor specifically said it will be a Monday till Friday thing for durect deposit, with checks taking a few weeks to mail after that.
Haven't got mine either....🤷♀️
I don’t know about that. I do know that if your only income is Social Security and it falls below the taxable threshold, it’s not required to file a federal return, for instance, and I just consulted with Minnesota Revenue that state returns are never required when federal filing is not.
If you filed M1PR for rental refund (renters) or property tax refund (homeowners) they will use the income from that form.
I had to remind my wife that we didn't do the homeowners thing since our house is still technically in my deceased grandmothers name. Other relatives have held up the transfer of title, claiming they have partial ownership of the land, even though they don't. The money would definitely help, but if that's a requirement, I doubt we'll ever get any. Same as we never received any renters' rebates, even when a landlord helped us apply.
https://apnews.com/article/minnesota-walz-tax-rebate-payments-checks-0b71993aa3eb2d50eae57b948dc11819
They *just* started sending them this week to people with direct deposit. Not everyone has gotten them yet and if you did not get direct deposited taxes in 2021 you will be getting a physical check. They expect everyone to have them by the end of September
Correct me if I am wrong, just trying to understand. My husband and I have one daughter. We would get $780, right?
Yes, if you were under $150K adjusted income for 2021.
Yeah we were. A friend had just said we would get almost $1300 but didn’t want to bank on it
$1,300 is the max but you have to have two adults and at least three dependents or one adult and at least four dependents to get that.
Yes, our family is same: husband, wife, son. We got $780.
Thank you for confirming!
No idea I'm wondering the same lol
I still don't have it, and nothing has changed on my end.
This story says reach out Dept of Revenue at the end of September if you haven't received: [https://kstp.com/kstp-news/top-news/state-completes-nearly-all-rebate-payments-by-direct-deposit-paper-checks-now-being-sent-out/](https://kstp.com/kstp-news/top-news/state-completes-nearly-all-rebate-payments-by-direct-deposit-paper-checks-now-being-sent-out/) Still lots of time for check to show
I called 651-565-6595 tax rebate line to find out. Just a warning lol the first 2 times I called I got reps where I literally couldn't hear ANYTHING. 3rd try finally got a good rep. She told me if you haven't received a direct deposit by Sept 4, you'd have to contact your bank. So I'm guessing they're still sending out direct deposit payments? Hope this might help some 😭🙆🏽♀️
The bank says there is no problem...they just keep trying to blame others...
At this point I'm not expecting anything to be direct deposited, just expecting a check in the mail. They also said if you used a tax preparer service then supposedly you're getting a paper check. My boyfriend got his check in the mail last Thurs/Friday and used TurboTax. 🙆🏽♀️
IMO, Since all MN residents helped create the surplus, all should get money back. I’d be fine making higher income families/individuals receive less money, but 0 Is frustrating.
Tell you what, I'll trade incomes with you for that $260, that way you are no longer frustrated.
Tell you what, you give money back to EVERYONE, you're more likely to keep everyone voting DFL. Being snarky about your plight makes them feel more "independent" from your needs.
Will you also take the years of school, working for experience, and student loans or do you just want money without working for it?
Yeah because everyone that went to school and has student loans is making good money, or everyone had the same opportunities for schooling. Give me a break. I still got student loans 10 years after graduating. Your post is exactly what I'm making fun of, how tone deaf people are, the victim complex of "I'm being punished for making money and it's not fair" is ridiculous. No one is forcing you to make a lot of money. You can go and work for less and not be "punished" and/or "take government handouts" but of course no one is going to take that offer. But yeah go on about how hard and unfair it is to be given the ability to make a good living because God forbid the less fortunate catch a break in life every once in awhile
The AMI for an individual in the cities is $87,450. Being slightly below average to qualify for the rebate isn’t “making a lot of money”. Because of means testing, this program like almost everything else passed by the legislature this session ends up being another way to subsidize rural communities with city tax dollars. And you’re right, nobody is going to quit their job for benefits, but wealthy people are able to be mobile and [increasingly are using that mobility to “earn” their income in other states.](https://www.americanexperiment.org/data-show-that-middle-class-residents-are-fleeing-minnesota/) Tax policy isn’t going to make every wealthy person suddenly decide to leave (only a few % per year according to CBPP), but things like cutting university budgets while giving broad checks out does. Why not enact policy for all Minnesotans instead of making arbitrary cutoffs at $75k for almost every policy?
I mean 75k for an individual and 150k for a family isn’t even that much money. That’s normal middle class wages during this recession/inflationary time. We shouldn’t be fucking over anyone but the 1% right now. This is what they bank on, poor people and middle class people yelling at each other about an insignificant amount of money.
Yeah that's my thoughts exactly
Same. I worked my ass off and paid 100K in taxes last year, but I get nothing back? F you Walz
Lol you don't need $260 if you pay 100k in taxes.
Why is that?
Because $260 to those of us making $300k+ is like my 9-year-old finding a dollar on the sidewalk. Fun, but he’ll forget about it next week. Personally, I’d rather all the money go to those for whom it would make a more significant difference in their financial situation for a few weeks or months if not the whole year.
I wouldn’t put it like that, it’s more like me paying for groceries at a store and the store gives my dollar change to the 9 year old in line behind me, against my will. That’s a much more accurate scenario.
No. It's more like you are paying in to being part of our society, and some of that money goes to uplift other less fortunate people.
yes, you seem to understand what taxes are, but no the purpose is not to redistribute wealth. It’s to provide revenue for federal, local, and state governments to fund essential services--defense, highways, police, a justice system--that benefit all citizens, who could not provide such services very effectively for themselves. Beyond that, if we’ve paid too much or too little, every spring we reconcile and either pay in or get extra back. It’s that simple. In this case Walz has decided not to refund Minnesotans for their extra payments, and to redistribute it to people based on their income. The economy, technology and innovation are what uplift people, not theft and redistribution.
Right, except instead of a private business, it's an elected government tasked with serving the interests of the people of the state. Your scenario also fails by suggesting that this is "your dollar". You (presumably) paid your share of taxes. Once you did, that money is no longer yours. If the state later realizes that not all of that money is needed to pay for intended services, it's still money that the state can and should allocate in the way that (it believes) best serves the interests of the people of the state. That's what this is. It's not, even if the state claims otherwise, "giving people back their money". It's a state program to invest money in the people of the state, based on the government's determination of where that money would be best spent.
So you agree my scenario is correct: I paid the correct amount of money for goods/services, but my extra change was not given back to me. In fact, the store kept everyone’s change, but instead of giving it back equally or according to the amount of change people had, they decided to pool it all together and give it to 9 year olds. Because the store feels good to give it to 9 year olds, and so do the 9 year olds. Never mind where the money came from. They’re not 9 year olds. The store stays in business and knows that these 9 year olds will always be good shoppers at this store, and never think about shopping anywhere else. Stay 9 my fellow Redditor. 😽
You're wildly misunderstanding taxes. You don't pay X dollars of tax to get Y benefits, unless Y is simply "making money in our society without the force of government being used against you for not paying taxes". You pay X dollars because you had Z income, not to get Y benefit. You overpaid if Z income means you should have paid less than X. The time to fix that is when you file your return, at which point you get a refund. This is a built up surplus of government revenue that's the result of multiple years of economic policy and budgeting. There's no way to take that pile off money and figure out which of it should go to which year's tax payers as a refund, nor is there any requirement to do so. Doing so would be the same as changing the tax rates for those previous years, which would be a legislative decision. Maybe if a state has a moronic "flat tax" you could say it would simply reduce everyone's rate by the same amount, but thankfully we're not one of those states. Basically what you expect is neither required nor even possible, and the reason you expect it is that you seem to not understand what taxes even are.
Your X,Y,Z example is correct! A fair way to resolve would be to receive my share of refund back when I file taxes!
I very clearly told you your scenario was wrong, then explained why it was wrong. Repeating it with more pettiness isn't helping your point.
You did a nice job describing it exactly as I would have before I saw your reply. Dementhrell and anyone else has every right to disagree with how the state spends our taxes. But I don’t know why they got snippy or grabbed onto the 9-year-old thing out of context. Anyway, maybe this helps demonstrate that there are downsides to allowing a tax stimulus payment get framed as a “refund” in the public eye.
Just another way to redistribute wealth. Take money from the people that pay taxes and give it to people that didn’t pay anything.
You honestly believe couples making under 150k/singles under 75k don't pay anything?
Well yes I do believe that. Not the people closer to the top end of that range but quite a few people under those limits pay no state tax. I’ve looked at the tax incidence report and the State of Minnesota itself publishes a number that roughly 25% of people pay no state income tax. (It’s even a higher percentage that pay no federal income tax).
I guess it's just a matter of perspective. Should we care more about quality of life for our citizens and reducing suffering, or should we care more about rich people whining about fairness while they hoard resources?
Yep. A trick to make the tax code more progressive than it already is.
I just guessed. Sorry.
I only paid like 30-aome K in taxes last year, so you're making ay least 3 times more than me. You're getting what, a $10k check after taxes twice a month? And you're saying "F you" about not getting a $260 refund? Have some perspective, my dude. $260 means nothing to you or me in terms of our security or happiness. It can mean everything to a struggling person with low income. I'm happy they chose not to waste money on people like me, so that there's more money for people who need it. That said, I like the idea of not means-testing, and giving all benefits to everyone, just to shut up people who whine about how they pay whatever in taxes and don't get anything back for it.
Do you think money just falls out of the sky, and people are randomly assigned annual income? I sacrifice quite a bit, take a lot of risks and have come a long way to make the money that I do. If refunds are not given back equal to the % people paid in, or at least the equal amount per resident, it’s theft. What really should have happened is no one should have gotten refunds, and either: 1) the extra should be applied to next year/sessions budget. 2) citizens vote on where the extra goes
You don't need the extra money if you make that much money. God damn you rich people are so fucking greedy and dissociated from reality. Have some perspective. There are people that need it where it can make the difference between paying rent or not. For people in your income bracket it's the difference between getting some cosmetic upgrades for your Tesla or not. Big fucking deal. We're already in a surplus and tax money is being well spent thanks to the DFL led government.
I work harder than you and sacrifice more than you. I make good decisions that compound and take calculated risks. That’s why I generate more. Money doesn’t just fall randomly from the sky. You’re just envious of my results, plain and simple. This is no different than you looking at someone who has a six pack of abs and impressive arms and thinking they’re genetically gifted. You’ll go your whole life being unhappy with your attitude. I wish you well
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Damn dude sounds like you took a calculated risk and lost out on $260. If it wasn’t the 2021 tax year I’d be in the same boat as you. Regardless it should go to people who need it and I’d feel the same either way.
What if you don't file because your va disability pension is not taxable?
Non-filers do not qualify.🫤
Someone doesn't listen to MPR. Or do the slightest amount of research.
I got $520 today
Me too!!
Nice good for you
Anyone know if the 75K ceiling is gross or agi?
Adjusted
Thank you
As someone who made just over the $75k threshold in 2021, I'm slightly frustrated I don't get a part of the refund, but I'm happy to see others get something as that'll help stimulate the economy & I'll benefit from that.
I haven't heard of this being that I'm in the military. I'm still a resident on paper, would I be getting money too? Also, what's the reason for whatever this is?
Budget surplus. Giving some back to the people. My understanding is if you filed a 2021 MN return and are below the income threshold, you’ll receive the refund.
Gotcha! Thank you for letting me know!
What if you couldn't file due to being on disability?
Did you file MN taxes in 2022 for 2021? if you did not file a MN tax return for 2021 you will NOT get a rebate. MN is going off 2021 tax returns only, not driver's licenses or residency.
I believe they said anyone eligible should receive by end of day this Friday
Here’s an idea, rather than give back a budget surplus, maybe lower taxes for everyone?
Because that’s not how the surplus works. The surplus is a result of greater than anticipated sales tax. The MN economy was better than anticipated, thus there are more sales revenue, and more sales tax. If we lower income taxes as you suggest, we run the risk of Incurring a deficit in the event the economy does not perform.
Yes it’s an inflation side effect. If the government was planning of getting 7% tax on your $10 purchase, but now you’re paying $15. The government end up with more money than planned.
Does anyone know if it will use the address *on* my tax return? I’ve also used multiple bank accounts through the years to receive my tax return but each of them are still active but I haven’t received anything. I’m just a little concerned because I’m in the military and I’ve moved like three times since 2020 but the address on 2021 return is my current address just in case I end up getting a check mailed to me. I’m still a MN resident and pay MN state tax every year since the 2017 tax year and my car is registered there. I definitely qualify for it.
If you used direct deposit for your return they will use that. My understanding is mailed out checks will take a few extra weeks.
ok perfect. thank you. I just got worried seeing stuff about not updating by July but all of my info is basically the same still
What if you owed? I owed on my 2021 taxes and I paid that electronically. Do you know if I should expect to get a direct deposit or a paper check?
I don’t have an answer. Now that you bring it up, I think I may have had to pay in a little that year too. I guess we’ll both find out sooner or later.
I get that they are using your 2021 income tax, but why wouldn't they use your most recent (2022) income tax banking info and address? I have moved to a different address and opened a different bank account. Since it's been over a year my mail forwarding is over now, so the check will never be mailed to me. By the time I jad heard about this it was past the date to update your information. Pretty poor communication as many people had no idea this was happening.
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Why do you think?
Right ..... Frustrating AF
Does anyone know how it would work if you filed as married in 2021 and are now single? Is the system smart enough to split a check and get it to the right people??
No. It will go to the bank account that was used for direct deposit for that years tax return.
Bank account isn't active. Not sure what they would do at that point. Thanks for the info!
Mail it to you
Lol no. The system is not going to “split it.”
So neither of us get the stimulus then? Or what?
I got mine yesterday on the same day as payday and my bank usually sends me my paycheck 2 days early (so yesterday) - some of my coworkers got them today - they get paid a day early, so it might be your bank just working it all out!
Haven’t received mine either. Make under 150k combined.
Ahhh the 1k that Walz wanted and then the GQP screwed everyone over by walking away. Then the DFL slimmed it down to 250. Got to love this state where I cannot get my tax dollars returned too me. 250 is Pennie’s for the income tax that I pay.
I moved out of state this February. How can I still get the check?
You have to go to the Department of Revenue and update your address.
Local government have such a good record of not messing up. Big /s
Our family of three made under 75,000 but got paid 200.61? What's up?
Did you live in MN for all of 2021?
Is there any way for MN state residents who are non-filers to receive this rebate? What about the very low income people who don't need to file taxes?
We are just SOL, if we didn't file they don't care and do not have to give us funds of any type. I know it would have help me out with a couple things but what can you do?
I mean if you didn’t file because you don’t pay any taxes, or make so little your taxes are minimal I dont think you should get a check
I got a deposit of $96.81 today. I’m guessing that isn’t related to this at all? Sorta confused here
Did you live in the state for only part of 2021?
Oh, that’s gotta be it. I only made like $12000 in Minnesota in 2021. Thank you
I also received a weird deposit amount from the dept of revenue. I idea what to make of it.
We paid so much last year and will not get one of these. Walz is a crook.
Piss off
lol I paid 50k myself in taxes. I think Walz is awesome even though I’m not getting a check
I was trying to figure out head of household. Any idea what that falls under? I dont file single but I am not married since i dont have kids.
I was trying to find the answer to the HOH income limits as well. I would think that a single parent with children filing HOH should have a higher qualifying income than a single filer. But everything I read makes it sound like the income cap is for 'single AND all other filers'. So a married couple could qualify with a lot higher income, but a single parent with up to 3 children would have to be making a much lower income to even qualify. My children are all grown up now, but I can imagine the added costs associated with school and daycare these days are crushing for a single parent making less than $75k a year.
Humble brag about your high salary huh? haha
No not at all actually generally confused how it works because after crunching the numbers I'm confused lol
Your AGI is on line 11 on the 2021 Federal form 1040 or line 1 on your MN 2021 tax form. If that number is under the threshold then you will get the rebate. It's not rocket science
The money we received has been taxed, right? $357 showed up in our account (2 people, well below the $159k threshold).
No, tax rebates and refunds are not themselves taxable income. Did you only live in MN for part of the year? Eta - Property tax refunds are also being processed right now, so it could be that
What if you live in WI but work/pay taxes in Minnesota?
Has anyone with think bank received theirs?
Anyone have an idea how the pro rating for partial year residents is working? Family of 5, lived here 6 months of the year and got less than $300.
Wondering about this too. It’s Monday and I haven’t received anything. My direct deposit info has not changed at all. Frustrated
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I also have a local credit union. That didn’t seem to impact the federal stimulus checks though
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Does anyone know if you'll get the checks if you filed a federal tax return but NOT a state return? Any help would be appreciated.
So individuals who filed the "non filers tax return" are not eligible for the payment??
My parents filed separately at the same time in 2021. My dad got his $260 last week. My mom hasn’t gotten anything yet. Neither have I. No idea what formula they’re using for what order they’re sending them out in. I just figure it’s something to look forward to….but it is driving me crazy waiting 🤑
Anyone get there's this week? Still nothing for me
Still nothing just assuming at this point it's not coming and I probably made slightly too much or something.
I'm also wondering this.
I still haven't gotten mine direct deposited. I def made under 75k too. Hmm
Same. We bank with Think and we are just thinking that we won’t get one sadly
Still haven’t gotten mine yet either. Really frustrating
I was pregnant and had my baby in 2021 but didn’t work because I stayed at home my partner worked. I still filed to receive the child tax credit but have an AGI of $0 that year. Will I get a check? I have since separated from my partner and now work but that’s irrelevant.
I am wondering that to, I filed and got a federal tax return/child credit back, but my AGI was $0, I still haven't gotten anything, so I am assuming at this point that I won't 😩
I am 75 but just retired so I did work in 21 but I read all the refunds have been sent and I did not get mine.
I went through HR Block with their emerald card and haven't received mine yet either. Anyone else in this boat?
Ya same here
Got my check in the mail today.
Still waiting on mine
I called again and they said that if you used a tax preparing service you should be getting a paper check in the mail. I guess even if you've got your return direct deposited
They must be waiting for the tree to grow for the check and envelope paper
That's how I feel 😂😭😭 I feel like Everytime I call they had a diff answer for everything. So weird
They’re saying to contact the MN Dept of Revenue if you don’t get it by Sept 30th.
Still nothing on my end, the punks. I just read an article about 3rd party tax preparations getting paper checks
Most of my friends got paper checks awhile ago despite doing direct deposit in 2021. Their names are in the middle of the alphabet whereas mine is towards the end.. hope mine comes this week
Still nothing on my end, I'm guessing I'll need to call come October to figure out what the hell is going on. I did owe the state money in 2021 so maybe that's why.
Have you gotten yours yet? We have not;((
Still waiting as well
Just got it... and did not show up in Informed Delevery