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Minnesota K-12 Education Credit and Subtraction

MNRevenue
2.06K subscribers
1.5K views 1 year ago
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.us/k-12-... or type "K-12" into the search box on our website at http://revenue.state.mn.us. ...more
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Minnesota K-12 Education Credit and Subtraction
N/ALikes
1,540Views
2023Jul 14
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.us/k-12-... or type "K-12" into the search box on our website at http://revenue.state.mn.us.

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MNRevenue

2.06K subscribers