Since the 2024 tax year, Minnesota renters claim the renter's credit on their income tax return (Form M1 with Schedule M1RENT) instead of a separate refund return in the summer. The credit lowers what you owe or increases your refund. Homeowners still file a separate Homestead Credit Refund. Updated October 23, 2026.
| Who qualifies | You have a valid Social Security number or ITIN; you were a full-year or part-year Minnesota resident; you rented in a Minnesota building that paid property tax (or payments in lieu of tax); your household income was below $77,570; and nobody can claim you as a dependent. |
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| Maximum credit | $2,720, depending on your income, rent and household. Subtractions for dependents, age 65 or older and disability can raise it. |
| What you need | The Certificate of Rent Paid (CRP). Your landlord or managing agent must give it to you by January 31. If it is wrong or missing after February 1, you can ask the Department of Revenue for a Rent Paid Affidavit. |
| How to claim | File your Minnesota income tax return (Form M1) with Schedule M1RENT. You must file the state return to get the credit, even if your income is low. |
Homeowners did not change: you still file Form M1PR. The regular deadline is August 15. The Department of Revenue said in August 2026 that claims for the 2024 credit expired on August 15, 2026, and that the 2025 credit, which includes a one-time 15% increase, can be claimed until August 2027.
General information, not legal or tax advice. Amounts and income limits change each year.