School Receipts

This year, do not forget to save your school supply receipts. Most school supplies could qualify for valuable K-12 tax benefits on your 2017 Minnesota income tax return. There are two tax benefits that help Minnesota families pay educational expenses: the refundable K-12 education credit (income limits apply) and the K-12 subtraction (no income limits). Both programs reduce the tax parents pay and could provide a larger refund when filing…  Read more

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