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Congratulations on completing another successful filing season! As professional preparers, you filed almost 55% of all returns received by the Department and refunds grew substantially due to the new Child Tax Credit.
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Filing Season
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2024
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2023
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All Returns
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M1 Returns Processed? ?
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?2,675,839
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?2,724,086
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M1 Refunds Issued
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?$2,243,446,538
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?$1,753,285,199
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% Returns e-Filed
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?96.0%
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?95.0%
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Professionally Prepared Returns
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M1 Returns Processed
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?1,463,386
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?1,493,321
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M1 Refunds Issued
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?$1,356,701,823
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?$1,089,141,363
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% Returns e-Filed
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?99.0%
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?99.9%
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These statistics are as of May 10, 2024; we are still receiving and processing returns. Thank you for all the work you do in helping Minnesotans file a timely and accurate return.
The Minnesota Legislature is set to adjourn on May 20, 2024. For the latest tax bill legislation, follow the Senate Tax Committee webpage, the House of Representatives Tax Committee webpage, and the Tax Law Changes webpage on the Minnesota Department of Revenue website.
Questions?
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