Dear neighbors,
Over one million Minnesotans will benefit from tax cuts approved by the Legislature and signed into law by Governor Dayton last Friday.
Married couples, working families, students, educators, small businesses and others will pay lower taxes as a result, helping to build on Minnesota’s economic momentum right now and into the future.
The Department of Revenue is working to implement the new law as soon as possible.
If you have not yet filed your 2013 Minnesota tax return, you should wait until after April 3, 2014 to do so. The Department of Revenue will complete updates to their online systems by that date to account for tax refund changes.
If you already filed your 2013 Minnesota tax return, you don’t need to do anything right now. The Department of Revenue will continue mailing refunds as usual. After the April 15 filing deadline, they will review tax returns received before tax refund changes took effect then send any refund increase the same way you elected to receive your refund. If you qualify for a bigger refund, the Department of Revenue will be able to make the necessary changes to your return using the tax documents you provided. If they are unable to do so, they will individually contact you by postal mail to request documents needed to amend your return.
For more information, click here to open an attachment with general guidance from the Department of Revenue. Feel free to contact me by phone at (651) 296-7807 or by email at rep.joann.ward@house.mn with any questions as well.
I also encourage you to take a moment to watch my latest video update. It provides a quick recap of major news and developments from the first month of the 2014 Session and previews what we can expect in the days and weeks ahead.
Click here or on the video player below to watch.
Minnesotans have every reason to be optimistic about our future. Employers added over 50,000 jobs during the past year, our unemployment rate is one of the lowest in the nation and new investments in our children’s education are helping to build the kind of well educated workforce we need to compete in a global economy.
New tax cuts for middle class Minnesotans and small businesses will keep our economy on the right track. For news coverage of the tax bill, check out this story from WCCO:
http://minnesota.cbslocal.com/2014/03/24/tax-breaks-coming-to-many-minnesotans/
As always, please be in touch with your questions, comments, or concerns. I appreciate hearing from you.
Sincerely,
JoAnn Ward
State Representative, District 53A