Minnesota Property Tax Refund: Homestead Credit Refund and Renter's Credit, 2025

Minnesota pays back part of the property tax people pay on their homes, directly or through rent. Homeowners file for the Homestead Credit Refund on Form M1PR [1]. Renters now claim the Renter’s Credit on their income tax return instead [1][3]. Both depend on your household income.

Homestead Credit Refund (homeowners)

Who qualifies

For the refund based on 2025 income and property taxes payable in 2026, you must [1]:

• have total household income under $142,490,
• be a Minnesota resident or part-year resident,
• have owned and lived in your home on January 2, 2026,
• have the property classified as your homestead (or have applied and been approved), and
• have no delinquent property taxes on it.

You can’t claim it if someone can claim you as a dependent, or if the home is a relative homestead [1]. Full-year residents of Michigan and North Dakota don’t qualify [1].

How much you can get

The refund is based on your household income and the property tax on your home. The 2025 refund table tops out at $3,480 [1].

The special refund

There’s a second homeowner refund with no income limit, worth up to $1,000 [1]. You may qualify if [1]:

• you owned and lived in the home on January 2, 2025 and January 2, 2026,
• your net property tax on the home rose more than 12% from 2025 to 2026, and
• the increase was at least $100.

You can get the special refund even if you don’t qualify for the regular one. File Schedule M1PR-SR with Form M1PR [1].

When and how to file

The normal due date is August 15, and you have up to one year after that to file [2]. For the 2025 refund, returns were due August 17, 2026, and the final deadline is August 16, 2027 [1].

You can file electronically for free on the Department of Revenue’s website, or file a paper Form M1PR [2]. You’ll need your 2026 property tax statement and your 2025 household income, which includes nontaxable income like Social Security [1]. If other adults live with you, you may need to include their income too; the instructions list exceptions, such as boarders, renters, your dependents and your parents [1].

Renter’s Credit (renters)

Renters no longer file Form M1PR for a refund. They claim the Renter’s Credit as part of their Minnesota income tax return [1].

Who qualifies. Your household income must be below $77,570, you need a valid Social Security number or ITIN, and you must be a full- or part-year Minnesota resident who can’t be claimed as someone else’s dependent [3]. You must have rented in a Minnesota building whose owner paid property tax or payments in lieu of tax [3].

How much. The maximum credit is $2,720, depending on your income and rent [3]. The credit is refundable, so you can get it even if you owe no income tax [3]. State law sets the income limits and amounts and adjusts them for inflation each year [5].

How to claim. File Form M1 with Schedule M1REF and Schedule M1RENT, plus copies of your Certificates of Rent Paid [3][4].

Your Certificate of Rent Paid (CRP). Your landlord must give you a completed CRP by January 31 [3]. If you don’t have a correct one by February 1, you can ask the Department of Revenue for a Rent Paid Affidavit [3]. Forgot to claim the credit? Amend your return [3].

Quick checklist

• Homeowner: check that your 2025 household income was under $142,490 and the home is classified as your homestead.
• Find your 2026 property tax statement.
• Did your property tax jump more than 12% and at least $100? Add Schedule M1PR-SR for the special refund.
• File Form M1PR by August 16, 2027 at the latest.
• Renter: get your CRP by January 31 and claim the Renter’s Credit on your income tax return.