Keep back-to-school shopping receipts for tax time savings with the K-12 Education Credit and Subtraction

    ST. PAUL, Minn. – The Minnesota Department of Revenue reminds parents and caregivers that by saving back-to-school shopping receipts for purchases made this year they can claim valuable K-12 tax benefits at tax time next year.
    Two tax benefits can help Minnesota families pay expenses related to their child’s education: the refundable K-12 Education Credit (income limits apply) and the K-12 Education Subtraction (no income limits).