Minnesota has both the K-12 Education Subtraction and the K-12 Education Credit, which can lower your tax payment or increase your tax refund. To be eligible, you must save receipts or invoices as documentation.
Expenses that qualify:
- School supplies – excluding non-educational items i.e. backpacks locker organizers
- Private school tuition – excluding uniforms, except required gym clothes
- Educational computer hardware and software – up to $200
- Extracurricular activities – excluding sports
- Tutoring from a qualified instructor – excluding college preparation (ACT, SAT)
- Academic summer camps – excluding room and board
- Rent or purchase of musical instruments – to be used during the school day
- Field trips taken during the school day – excluding lunch or family trips to the museum or zoo
Below is the Minnesota Department of Revenue complete article, which goes through more restrictions to qualify for the K-12 Education Subtraction and K-12 Education Credit.
K12-Child-Education-Exp.-Handout
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