K-12 Education Credit and Subtraction


Save Your Receipts from Educational Expenses

The Minnesota K-12 Education Credit and Subtraction help families pay for their child’s educational expenses. If you have a child in kindergarten through 12th grade, you may be eligible to increase your refund or lower the tax you owe. Keep your receipts and save money when you file taxes!

Common expenses that qualify

  • Paper, pens, pencils, notebooks, rulers, and calculatorsGraduationblue
  • Purchase or rental of musical instruments required for day-time classes
  • Extracurricular academic or fine arts classes (dance, music lessons, art, science)
  • Transportation fees for school-time field trips
  • After school educational programs, tutoring, or academic summer camps
  • Computer hardware, educational software purchases
  • Private school tuition

See the complete list of what qualifies on the Minnesota Department of Revenue’s website.

Common expenses that don’t qualify

  • School supplies not used in education (backpacks, tissues, locker organizers)missing docs
  • Clothing, including school uniforms (except required gym clothes)
  • Sports
  • School lunches (even on a field trip)
  • Tutoring for college prep tests (ACT, SAT)
  • Family trip to museum or zoo

See the complete list of what doesn’t qualify on the Minnesota Department of Revenue’s website.

Who qualifies

K-12 Subtraction: There is no income limit to qualify for the education subtraction. Taxpayers can subtract up to $1,625 in education expenses for each child in kindergarten through 6th grade, and $2,500 for each child in 7th grade through 12th grade.

K-12 Credit: To claim the credit, the household income must be less than $37,500 for one or two children. For each additional child, the income increases $2,000. For example, if there are four qualifying children, the maximum income is $43,500.

For more information on qualifying children, see the Minnesota Department of Revenue’s website.

Tips for staying organized

  • Don’t throw away cash register receipts or invoices from qualifying expensesaddtdocs
  • Organize the receipts by each qualifying child
  • Keep the receipts somewhere safe and easy to find like a shoe box or envelope
  • Calculate the total expenses per child before filing taxes
  • Keep your receipts for three  years after you file

Spread the word

Copy and paste these messages about the credit in English and Spanish on Facebook, Twitter, and your website.

Distribute handouts about the credit and subtraction: English and Spanish

 


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Tameya’s Story

Tameya_MRM

If Diante had the chance to meet you, the first thing he’d tell you is that he reads and does math at the 4th grade level. Although Diante is not starting kindergarten until the fall, his mom, Tameya, was able to get him into an early learning program with money she saved from her tax refund.

Tameya felt grateful when she learned she qualified for Prepare + Prosper’s free tax preparation services where a volunteer assisted her in claiming tax credits like the K-12 Education Credit because she saved her receipts from education-related expenses. Through her tax refund, Tameya was able to pay for Diante’s early education program.