Attention! Citizens of two states of the United States have the opportunity to receive this month of September the popular and well-known stimulus checks, which are a great economic support provided by the IRS and whose purpose is to help people achieve ot a good financial foundation. The stimulus check payments are about to be delivered, so you should read this note to learn more about the topic. Stay tuned for this important information.
What are the beneficiary states of the stimulus checks?
- Minnesota: Eligible residents begin receiving direct tax payments for the 2021 tax year.
- Montana: This refund seeks to ease the payment of property taxes up to US$675 and only allows one refund per household.
Amounts payable from Montana’s stimulus check
In Montana, state officials say they will only send paper checks and no longer by direct deposit. The purpose of this step is to reduce the risk of fraud by scammers, because the Montana tax department receives many requests for property tax refunds, where the applicant’s data does not match the records of the entity in taxes.
Today, the amount to be paid in Montana would be $675 dollars. However, this will only be done by direct deposit, due to fraud alerts. “We expect fraud and already have measures in place to identify fraudulent applications. Sending refunds through paper checks will help us reduce fraud further,” said the chief revenue officer of the department, Brendan Beatty.
Amounts payable from Minnesota stimulus checks
The authorities reported that this is how the payment will be made, which will change according to the situation of each person. In a household with 3 dependents you can get up to US$1,300.
- US$520 for married filing with an adjusted gross income of US$150,000 or less.
- US$260 for all persons with an adjusted gross income of US$75,000 or less.
- US$260 for each dependent claimed on your return for up to three dependents, or a maximum of US$780.
What are the requirements to receive a stimulus check in Minnesota?
You only need to meet the following requirements to access the stimulus check benefit:
- Lived in Minnesota for part or all of 2021
- Corresponding returns have been submitted before December 31, 2022: (Form M1 2021, Individual Income Tax/Form M1PR 2021, Homestead Credit Refund (for Home Owners) and Renter’s Property Tax Refund) .
- If your adjusted gross income in 2021 is $150,000 or less for married joint filers or $75,000 or less for all other taxpayers.
- You are not admitted as a dependent on someone else’s 2021 Minnesota income tax return.
