FAQ's

What if I do receive a significant MN income tax refund?

If you do receive a significant MN income tax refund then simply subtract the refund from both the original higher and lower estimate to calculate your new range. For example if Linda has a property tax of $3,000 and receives a MN income tax refund of $200, then her new deferred range will be $600 (800 minus 200) to $800 (1000 minus 200).