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MN rebates subject to taxes

By Doug Barrett Dec 7, 2023 | 7:58 AM

Minnesota got some bad news this week when federal officials ruled that the $260 tax rebate checks that went out to Minnesotans earlier this year will be subject to $26 in federal income taxes. Governor Tim Walz expressed his disappointment with an expletive. He said he told White House Chief of Staff Jeff Zients that the state was being treated unfairly because it missed a cutoff by 15 days, while states that acted sooner qualified. The state sent out over $1.1 billion dollars in rebate checks earlier this year.

 

 

 

 

AP/KNOX

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