Get the POWER of PRO!
Support Center > Knowledge base> Article: Minnesota K-12 Education Credit Expenses Entry

Minnesota K-12 Education Credit Expenses Entry

Article ID: 34668 Email Print
Question
Minnesota K-12 Education Credit Expenses Entry

Answer

In general, education expenses that qualify for either the K–12 education subtraction on line 17 of Schedule M1M or the credit on line 26 of Form M1 include:

• instructor fees and tuition for classes or lessons taken outside the regular school day if the instructor is not the child’s sibling, parent or grandparent;

• purchases of required educational material for use during the regular school day;

• fees paid to others for driving your child to and from school for the regular school day; and

• computer hardware for personal use in your home and educational software.

The types of expenses that qualify only for the subtraction are private school tuition and tuition paid for college or summer school courses that are used to satisfy high school graduation requirements.

You must save your itemized cash register receipts, invoices and other documentation with your tax records. The department may ask to review them.

http://www.revenue.state.mn.us/Forms_and_Instructions/m1_inst_14.pdf

 


related articles

Article Details
Views: 745 Created on: Jun 15, 2013
Date updated: Aug 12, 2015
Posted in: STATES, Minnesota

Poor Outstanding