From Minnesota Department of Revenue <[email protected]>
Subject Verify your clients’ Direct Tax Rebate subtraction
Date March 5, 2024 7:56 PM
  Links have been removed from this email. Learn more in the FAQ.
  Links have been removed from this email. Learn more in the FAQ.
Tax professionals

The Minnesota Department of Revenue has been receiving returns filed by tax professionals claiming the Direct Tax Rebate subtraction on Schedule M1M, Income Additions and Subtractions, when their clients did not qualify for or receive this rebate.

To ensure we process your clients? returns as quickly as possible, verify they qualified for a Direct Tax Rebate before claiming the subtraction.

*How do I verify my client qualified for the rebate?*

Review the rebate qualifications in the *Who Is Eligible* section of our Direct Tax Rebate Payments page [ [link removed] ].

You may also:


* Ask your client for their Form 1099-MISC reporting the Direct Tax Rebate amount. All clients who qualified for a rebate should have received a Form 1099-MISC from us.
* Check your client?s bank statements for the rebate amount. We issued rebates by direct deposit between August 16 and September 27. The rebate is labeled either ?State of MN? or ?State of Minnesota 2021 Tax Rebate Program? on statements.
* *Note*: Between late February and mid-March, we are reissuing uncashed and expired rebate checks to certain clients. For details, see our press release [ [link removed] ].

* Call 651-556-3000 or email us <[email protected]> to verify if a client qualified for the rebate. When calling, make sure you have power of attorney on file or your client present with you.

*What if my client claimed the subtraction when they did not qualify?*

If you reported a rebate amount as income on their federal income tax return, you need to amend the federal return. You also need to amend the Minnesota income tax return to remove the subtraction.

?

Thank you for subscribing. Get our latest news and updates by following us on Facebook [ [link removed] ], X [ [link removed] ], and Instagram [ [link removed] ] and by signing up for email updates [ [link removed] ].




Visit our website:
www.revenue.state.mn.us [ [link removed] ]

Logo



STAY CONNECTED: Visit us on Twitter [ [link removed] ] Find us on Facebook [ [link removed] ] Visit us on YouTube [ [link removed] ] Instagram [ [link removed] ] LinkedIn [ [link removed] ] Sign up for email updates [ [link removed] ]

SUBSCRIBER SERVICES:
Manage Preferences [ [link removed] ]? |??Help [ [link removed] ]? |??Contact Us [ [link removed] ]

Bookmark and Share [ [link removed] ]



________________________________________________________________________

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of the: Minnesota Department of Revenue ? 600 North Robert Street ? Saint Paul, MN 55101 ? 651-556-3000 GovDelivery logo [ [link removed] ]
Screenshot of the email generated on import

Message Analysis