I know this is not the answer you wanted, nor did I. But I trust the IRS Certified Tax preparers that volunteer at AARP Tax Aide. My source there assured me that the EV check rebate is indeed taxable for both Federal and State. The person I spoke with this morning at the MN Department of Revenue took a long time investigating my question. There is no guidance because there is nothing to explain on how to remove amount from the MN State return; because it is taxable.
Should the State of MN decide at some point to amend their position and change tax law retroactively for 2024 so that the rebate is not taxable, then an M1X can be filed to correct the 2024 filing already submitted.
I know many have offered their opinions but I am confident that this EV cash rebate is MN taxable.
Sorry for the bad news.
