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 S Corporation Form M8 Instructions Minnesota Department of Revenue State Mn 2020

Minnesota M8 Instructions 2020-2025 Form

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Instructions and help about S Corporation Form M8 Instructions Minnesota Department Of Revenue State Mn

Senior citizens in need may be eligible for help paying their Minnesota property taxes. Property Tax Deferral for Senior Citizens limits the amount of property tax you pay to 3% of your total household income. The state then pays the rest of your property taxes on your behalf. The amount the state pays is a loan, and you must repay it when you sell your home or leave the program. You may qualify for Property Tax Deferral for Senior Citizens if: You are age 65 or older, your household income is $60,000 or less, and you have owned and lived in your home for the last 15 years. To learn more and for a full list of qualifications, visit our website at revenue.state.mn.us and type Tax Relief into the Search box.

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