Property Tax Refunds in Minnesota

Some folks are eligible for a property tax refund and they don’t know it. The system is a bit confusing because property taxes are paid to the county but the refund comes from the State of Minnesota. There are income limits on eligibility.

The deadline for filing for a refund for property owners and renters is August 15th and if you miss the deadline your refund will vanish on August 16th of the following year. Thats right. If you snooze you lose. I wonder how many people who qualify for a property tax refund miss out?

Renters will need a CRP –  Certificate of Rent Paid.

There is also a special refund of up to $1000 for qualified homeowners who received tax increases of 12% or more in 2023 and 2024.

Instructions and forms and even free filing can be found on the Minnesota Department of Revenue website.

These refunds can be significant. Property taxes are based on the value of the property but the refund is based on income.  It is possible to get a refund for more than half of the taxes paid. Yes, this is true, the lower the income and the higher the property taxes the larger the rebate.

I wish I could say that Form M1PR, “Homestead Credit Refund (for Homeowners) and Renter’s Property Tax Refund” is easy to fill out. It is two pages long and has 39 lines and it requires adding the numbers from certain lines and subtracting others. There is a 32-page document with instructions. , and instructions on how to get help with filing your M1PR.




Print Friendly, PDF & Email