Instructions For Minnesota Property Tax Refund Page 22
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24Homeowners Only
Refund Worksheet
For household incomes of $28,430 or more with property tax of $2,600 or more
1 Amount from line 13 of your Form M1PR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Total household income from line 8 of your Form M1PR . . . . . . . . . . . . . . . . . . . . . 2
3 Fill in the decimal number for this step from the table below . . . . . . . . . . . . . . . . . 3
4 Multiply step 2 by step 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Subtract step 4 from step 1. If step 4 is more than step 1,
stop here. You are not eligible for a refund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6 Fill in the decimal number for this step from the table below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Multiply step 5 by step 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8 Fill in the amount for this step from the table below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9 Compare the amounts on step 7 and step 8 and fill in the smaller
amount here and also on line 14 of your Form M1PR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
Table for Homeowner’s Worksheet
If your total household
income on
step 2 above
is
but less
fill in on
fill in on
fill in on
at least:
than:
step 3
step 6
step 8
$28,430
$29,660
0.026
0.60
$1,110
29,660
37,080
0.027
0.60
1,110
37,080
43,250
0.028
0.55
1,000
43,250
49,440
0.030
0.55
1,000
49,440
55,620
0.032
0.55
900
55,620
61,800
0.035
0.50
810
61,800
67,980
0.040
0.50
700
67,980
71,690
0.040
0.50
600
71,690
74,180
0.040
0.50
500
74,180
77,180
0.040
0.50
400
77,180
80,180
0.040
0.50
300
80,180
& over
not eligible
22
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial