The Minnesota Department of Revenue would like families to know about two state tax benefits: The Minnesota K‑12 Education Credit and K-12 Education Subtraction. Many families do not know about, or take advantage of, these valuable tax benefits.

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What should families know?

These benefits can reduce families’ income taxes and increase tax refunds if they save receipts for their children’s qualifying education-related expenses.

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Most Minnesotans qualify for the K-12 Education Subtraction, which reduces their taxable income. They may also qualify for the K-12 Education Credit under certain income limits. The credit can refund up to 75% of costs, even if no tax is owed.

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What education-related expenses qualify?

Many expenses for educational instruction or materials may qualify, including:

• Paper and notebooks

• Pens and pencils

• Nonreligious textbooks

• Rental or purchases of educational equipment, including musical instruments

• Computer hardware (hotspots, modems, and routers) and educational software (up to $200 for the subtraction and $200 for the credit)

• After-school tutoring and educational summer camps taught by a qualified instructor