Minnesota Property Tax Refund Forms And Instructions - 2006 Page 22

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Homeowners Only
Refund Worksheet
For household incomes of $23,880 or more with property tax of $2,600 or more
1 Amount from line 13 of Form M1PR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
 Total household income from line 8 of Form M1PR . . . . . . . . . . . . . . . . . . . . . . . . . 
 Enter the decimal number for this step from the table below . . . . . . . . . . . . . . . . . . 
 Multiply step 2 by step 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
5 Subtract step 4 from step 1 (if result is zero or less, stop here; you are not eligible for a refund) . . . . . . . . . . 5
6 Enter the decimal number for this step from the table below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7 Multiply step 5 by step 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
 Enter the amount for this step from the table below . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
 Amount from step 7 or step 8, whichever is less.
Enter the amount here and on line 14 of Form M1PR . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 
Table for Homeowner’s Worksheet
If your total household
income on
step 2 above
is
but less
enter on
enter on
enter on
at least:
than:
step 3
step 6
step 8
$23,880
$29,500
0.025
0.60
1,300
29,500
33,710
0.026
0.60
1,260
33,710
42,140
0.027
0.60
1,260
42,140
49,160
0.028
0.55
1,140
49,160
56,190
0.030
0.55
1,140
56,190
63,210
0.032
0.55
1,020
63,210
70,230
0.035
0.50
920
70,230
77,260
0.040
0.50
800
77,260
81,480
0.040
0.50
680
81,480
84,300
0.040
0.50
560
84,300
87,710
0.040
0.50
460
87,710
91,120
0.040
0.50
340
91,120
& over
not eligible


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