Instructions For Minnesota Property Tax Refund (Page 2 of 24) in pdf

Eligibility requirements

What’s new?

Form M1PR is scannable

You may be eligible for a property tax refund based on your household income and the

property taxes paid on your principal place of residence. Generally, household income is

Form M1PR has been redesigned to be

your federal adjusted gross income plus most nontaxable income, minus a subtraction if

scanned, or read, by our new processing

you have dependents or if you or your spouse are age 65 or older or disabled.

equipment. To ensure your return is

read correctly, it is important that you

To qualify:

follow the guidelines on page 3 when

• as a renter, your total household income for 2001 must be less than $43,250.

completing your return.

• as a homeowner, you may be eligible for one or both of the following refunds, if you

Larger refunds for homeowners

owned and lived in your home on January 2, 2002. To qualify for the:

The amount of refund a homeowner may

receive has increased, and the maximum

— regular property tax refund, your total household income for 2001 must be less

refund has increased from $510 to $1,500.

than $80,180.

The eligibility income requirement also

— special property tax refund, your net property tax on your homestead must have

increased from a total household income

increased by more than 12 percent from 2001 to 2002, and the increase must be at

of less than $71,700 to $80,180.

least $100. There is no income limit for the special property tax refund. For more

Agricultural homesteads

information, see page 11.

Beginning with property taxes payable in

If you meet the above qualifications as a renter or homeowner, read the list of other

2002, the qualifying property tax of a

requirements below to determine if you still qualify.

farm homestead for purposes of the

property tax refund is limited to taxes on

the house, garage and one acre of land.

Other requirements include:

Calculation of the special refund

Beginning with the 2001 property tax re-

• You must have been either a full- or

• If you are a homeowner or mobile

fund, the calculation of the special prop-

part-year resident of Minnesota

home owner:

erty tax refund on Schedule 1 has changed

during 2001.

and is simpler to complete. The special

— your property must be classified as

refund must now be computed before the

If you are a renter and a permanent

your homestead, or you must have

regular refund can be determined.

resident of another state, but are

applied for homestead classification

considered to be a resident of Minnesota

and had it approved, and

Direct deposit option

for income tax purposes because you

Renters and homeowners may now

— you must have paid or made

lived in Minnesota more than 183 days,

request to have their property tax refund

arrangements to pay any delinquent

you may apply for this refund. Full-year

directly deposited into their checking or

property taxes on your home.

residents of Wisconsin, Michigan, and

savings account.

• If you are a renter, you must have

North Dakota cannot apply for the

lived in a building in which the

refund.

owner:

• You cannot be a dependent. You are

— was assessed property taxes, or

a dependent if you:

— paid a portion of the rent receipts in

— could be claimed as a dependent on

place of property tax, or

someone else’s 2001 federal income

Contents

page

— made payments to a local govern-

tax return, or

ment in lieu of property taxes.

— have gross income of less than $2,900

General information . . . . . . . . . . . . . . 2-5

and someone provides more than 50

If you are not sure whether property

Renters’ special instructions . . . . . . . . . 6

percent of your support, or

taxes were assessed on the building,

Homeowners’ special instructions . . . . 7

check with your building owner.

— are younger than age 19 as of

Line instructions . . . . . . . . . . . . . . . . 8-10

December 31, 2001, and receive at

Relative homesteads

least 50 percent of your support from

Schedule 1 (Special Refund) . . . . . . . . 11

do not qualify

your parents, or

Worksheets

Minnesota law allows homestead status for

— are a full-time student, younger than

rented out home or

a home occupied by a relative of the owner,

age 24 as of December 31, 2001, and

used it for business . . . . . . . . . . . 10

if certain qualifications are met. However,

receive more than 50 percent of your

new improvements . . . . . . . . . . . . . 11

neither the owner of the property nor the

support from your parents.

Refund tables

relative may claim the property tax refund

renters . . . . . . . . . . . . . . . . . . . . . 12-16

or the special refund if the property

Additionally, you cannot claim a refund

homeowners . . . . . . . . . . . . . . . . 17-22

qualifies as a homestead under this law.

if you are a nonresident alien living in

Minnesota and receive more than 50

Use of information . . . . . . . . . . . . . . . . 23

percent of your support from a relative.

Senior Citizens Property Tax

Deferral Program . . . . . . . . . . . . . . . 23

Questions, assistance . . . . . . . back cover

Instructions For Minnesota Property Tax Refund Page 2

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