ST. PAUL – Rep. Dean Urdahl, R-Grove City, encourages local residents to take advantage of refund programs available to both homeowners and renters by the Aug. 16 deadline for regular filing.
“A lot of people are unaware they are eligible for these refunds so each year thousands of Minnesotans miss out on refunds to which they are entitled,” Urdahl said. “This literally can mean local citizens are leaving thousands of dollars on the table at a time we could all use some extra money.
The tax credits are through the Minnesota Dept. of Revenue. Homeowners may be eligible to receive up to two available refunds if they owned and lived in their home on Jan. 2, 2010.
REGULAR PROPERTY TAX REFUND
To qualify for the regular property tax refund, your total household income for 2009 must be less than $98,290. Higher income limits apply if you have dependents or if you are a senior citizen or disabled. The maximum refund is $2,350.
SPECIAL PROPERTY TAX REFUND
To qualify for the special property tax refund, you must have owned and lived in your home on both Jan. 2, 2009, and on Jan. 2, 2010; your net property tax on your home¬stead must have increased by more than 12 percent from 2009 to 2010 and the increase must be at least $100. There is no income limit for the special property tax refund and the maximum refund is $1,000.
RENTERS PROPERTY TAX REFUND
To qualify as a renter, your total household income for 2009 must be less than $53,030 and the maximum refund is $1,510. Higher income limits apply if you have dependents or if you are a senior citizen or disabled.
If you meet the above qualifications as either a renter or homeowner, log on to http://www.taxes.state.mn.us for more information pertaining to eligibility and completing Form M1PR.
Some filers are eligible to submit an e-file form free of charge and the aforementioned Web site has those details. You also may print a hard copy for completion at that Web site, or you can call 1-800-657-3676 for more information. Returns can be filed up to a year after the due date. After that, you cannot claim a refund. The deadline for the 2009 return is Aug. 15, 2011. The due date for the 2008 property tax return was Aug. 17, 2009 but you have until Aug. 16, 2010 to file. (If August 15 falls on a weekend, returns filed by the next business day will be considered timely.)
Dean Urdahl represents District 18B in the Minnesota House of Representatives. The district includes most of Meeker County and a portion of Wright County. This is Urdahl’s fourth term in the Legislature after being elected in 2002, 2004, 2006 and 2008.