Minnesota 2024 Property Tax Refund Form

Minnesota 2024 Property Tax Refund Form. We adjusted the special property tax refund so that if your property taxes increased by more than 6% from 2022 to 2023, you’ll qualify for a refund of up to $2,500, regardless of your income level. Homeowners with household income less than $135,410 can claim a refund up to $3,310.

The recent minnesota tax legislation increased refunds for the 2022 homestead credit refund (for homeowners) and renter’s property tax refund (form m1pr). Minnesota revenue will adjust your return for the tax law change if you had already filed a 2022 form m1pr claiming a refund due to an increase in property tax of 12%.