Homestead Credit Refund For Homeowners And Renters Property Tax Refund - Minnesota Department Of Revenue - 2017 Page 18

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Renter’s Worksheet
For household incomes of $17,140 or more
with property tax of $2,500 or more
1 Amount from line 9 . . . . . . 1
2 Total household income
from line 8 . . . . . . . . . . . . . . 2
3 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 result is zero or
less, stop here; you are
not eligible for a refund) . . 5
6 Decimal number for this
step from the table below . 6
7 Multiply step 5 by step 6 . . 7
8 Amount for this step from
the table below . . . . . . . . . . 8
9 Amount from step 7 or
step 8, whichever is less.
Also enter this amount on
line 10 or step G if you
are completing the
worksheet for line 10
on page 9 of this booklet . . . 9
Table for Renter’s Worksheet
If step 2 is but less
enter on
enter on
enter on
at least:
than:
step 3
step 6
step 8
17,140
18,840
0.014
0.80
1,840
18,840
22,280
0.015
0.80
1,780
22,280
23,990
0.016
0.80
1,730
23,990
25,700
0.017
0.75
1,730
25,700
29,140
0.018
0.75
1,730
29,140
30,840
0.019
0.70
1,730
30,840
35,980
0.020
0.70
1,730
35,980
41,120
0.020
0.65
1,730
41,120
47,970
0.020
0.60
1,730
47,970
49,680
0.020
0.55
1,570
49,680
51,400
0.020
0.55
1,420
51,400
53,120
0.020
0.55
1,210
53,120
54,820
0.020
0.50
1,050
54,820
56,540
0.020
0.50
940
56,540
58,250
0.020
0.50
520
58,250
59,960
0.020
0.50
210
59,960
& up
not eligible
18

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