08/29/2026
Minnesota offers these tax credits:
Child Tax Credit
Credit of $1,800 per qualifying child
No limit on the number of children claimed
Refundable credit, so you can receive a refund even if you do not owe tax. Children up to age 17 qualify
If you have a qualifying child who is older than 17, you may be eligible for the Credit for Qualifying Older Children. Here’s how much the credit is based on the number of qualifying children:
Qualifying Older Child Credit:
One : $1,020
Two: $2,330
Three or more : $2,770
Working Family Credit:
Provides a tax credit for working individuals and families
Reduces state income taxes and increases refunds
Refundable credit for working individuals with income below a certain level
Credit is 4% of earned income, up to a maximum of $388
K-12 Credit and Subtraction:
K-12 Credit: Reduce taxpayers’ state income tax or provides a refund for qualifying education expenses
K-12 Subtraction: Allows taxpayers to subtract up to $1,625 per child in grades K to 6, and $2,500 per child in grades 7 to 12, for educational expenses
