Stimulus Checks Set to Arrive in September for Minnesota and Montana Residents. Minnesota and Montana residents are set to receive stimulus checks in September to provide much-needed financial assistance amid ongoing challenges. The Internal Revenue Service (IRS) is tasked with delivering these payments to eligible individuals in these states.
Minnesota Stimulus Check Details
Minnesota residents have already begun receiving their direct tax refund payments for tax year 2021. The payment amounts vary depending on individual circumstances:
- Household with three dependents: Up to $1,300.
- Married couples filing jointly with an adjusted gross income of $150,000 or less: $520.
- Individuals with an adjusted gross income of $75,000 or less: $260.
- Additional payment of $260 for each dependent claimed, with a maximum of three dependents or a total of $780.
Montana Stimulus Check Details
In Montana, the state government has taken steps to combat fraud and ensure payments reach eligible recipients. As a precaution against fraud alerts, refunds in Montana will only be issued via paper checks, rather than direct deposit. The payment amount for Montana residents is $675, also to be distributed via direct deposit.
Fraud Prevention Measures
Brendan Beatty, Director of Revenue for the Montana tax department, noted that they anticipated potential fraud and had already implemented measures to detect fraudulent requests. Sending refunds via paper checks will further minimize the risk of fraud.
Eligibility Criteria for Minnesota Residents
To qualify for the stimulus check in Minnesota, residents must meet specific requirements:
- Reside in Minnesota for part or all of the year 2021.
- File the necessary returns by December 31, 2022, including:
- 2021 Form M1 for Individual Income Tax.
- 2021 Form M1PR for Homestead Credit Refund (for Homeowners).
- Renter’s Property Tax Refund.
- Have an adjusted gross income of $150,000 or less for married joint filers or $75,000 or less for other filers.
- Not have been claimed as dependents on someone else’s Minnesota income tax return for 2021.
Stay Informed and Prepare for September
Residents of Minnesota and Montana should stay informed about the upcoming stimulus checks and ensure they meet the necessary criteria to receive this financial assistance in September.