Waiting For A Rebate? Revenue Dept. Says It's Processing Record Number Of FilingsIt's the time of year when many Minnesotans find some extra cash in their bank accounts. The state typically sends out renter’s rebates and property tax refunds in September, but some renters and homeowners say they still haven't received that money.
Good Question: How Much Tax Refund Money Are We Getting?As of March 20, 57 percent of American taxpayers filed their federal taxes. Just about 80 percent received a refund. The average federal refund amount is $3,038. That refund rate is expected to drop slightly as we head closer to April 15.
Minnesotans Who Already Filed With TurboTax Play Waiting GameMinnesotans aren't the only ones who can't file their state tax returns through TurboTax. The company is now temporarily suspending e-filing in all states over fraud concerns. On Thursday, the Minnesota Department of Revenue announced it would stop accepting the state returns from filers using TurboTax.
Good Question: Who's Looking At Our Taxes?Every year, the IRS receives 240 million tax returns. The Minnesota Department of Revenue processes 2.7 million returns. On Friday, WCCO viewer Brian from Shakopee was surprised when both the state and federal governments approved his filing within hours. He has a Good Question for us: Does an actual person actually read over tax forms, or does a computer program scan it for errors? According to Terri Steenblock, the assistant commissioner of individual taxes with the Minnesota Department Revenue, the answer can be both.