September Stimulus Checks | Beneficiaries in Minnesota and Montana.In September, residents of two states in America are set to receive financial assistance in the form of stimulus checks provided by the IRS. The mission is to help people achieve a sound financial footing, and we have all the information you need about it.
September Stimulus Checks | Beneficiaries in Minnesota and Montana
Residents in Minnesota have already begun receiving direct tax refund payments in tax year 2021. The payment amounts will be tailored to each individual’s circumstances, with families with three dependents eligible for up to $1,300. The breakdown is as follows:
- $520 for married filing jointly with gross income of $150,000 or less.
- $260 for all adjusted gross incomes of $75,000 or less.
- $260 for each dependent, up to three dependents, totaling a maximum of $780.
Stimulus Check Status in Montana
In Montana, state officials have decided to send paper checks instead of direct deposits to reduce the risk of fraud. The amount owed in Montana is $675, and this can only be obtained through direct deposit due to fraud concerns. Brendan Beatty, the department’s director of revenue, emphasized the need to prevent fraud and stated that issuing paper checks will further reduce this risk.
Requirements to Receive a Stimulus Check in Minnesota
To be eligible for the stimulus check benefit in Minnesota, you need to meet the following requirements:
- Must have resided in Minnesota for part or all of 2021.
- Must have filed relevant returns before December 31, 2022, including the 2021 Form M1 (Personal Income Tax), 2021 Form M1PR (Homestead Credit Refund for homeowners), and Tenant Property Tax Refund.
- Your 2021 adjusted gross income should be $150,000 or less for married joint filers or $75,000 or less for all other taxpayers.
- You should not have been claimed as a dependent on someone else’s 2021 Minnesota income tax return.
Conclusion
Stay informed about the September stimulus checks and take advantage of this financial assistance opportunity in Minnesota and Montana.