GOODBYE (FOR NOW) TO MINNESOTA REFUND FOR POLITICAL GIVING!

Planning to back your favorite state politicians with a few bucks in 2016? Feel free to send them a check, as always. But don’t expect the state to reward your political action with a refund, as in past years.

On July 1, Minnesota lawmakers are shutting the door on refunds for political contributions. Minnesota’s Department of Revenue used the word “suspended” to announce the change; it lasts until June 30, 2017.

State residents have been able to claim a refund as large as $50 a person ($100 for married couple) for donations to Minnesota political parties or to individual candidates for major elected offices, ranging from governor to state representative. It’s done on Minnesota Form PCR and requires receipts.

There’s still a little time left. Contributors can capture the refund for any donations made through June 30, 2015, Minnesota Revenue says. The PCR form must be submitted as of April 18, 2016.

http://www.revenue.state.mn.us/individuals/individ_income/Pages/Refund_for_Political_Contribution.aspx

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