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Minnesota K-12 Education Credit and Subtraction

32 Mga view· 02/01/24
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The Minnesota Department of Revenue has two tax relief programs for families with children in kindergarten through 12th grade: the K-12 Education Subtraction and the K-12 Education Credit. The credit reduces your state income tax or increases your refund, while the subtraction lets you reduce your tax.

This video provides information and qualifications for both programs. To see more expenses that qualify for the K-12 Education Tax Credit or Subtraction, visit https://www.revenue.state.mn.u....s/k-12-education-sub or type "K-12" into the search box on our website at http://revenue.state.mn.us.

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