Minnesota HF1802 modifies the tax credit for attaining a master's degree to include special education.

Minnesota HF1802 amends the tax credit for attaining a master's degree to include a master's degree in special education. This change allows qualified teachers to claim a credit against their taxes for tuition, fees, books, and instructional materials related to their master's degree program. The credit is limited to the lesser of $2,500 or the amount paid and can only be claimed once for each master's degree program completed in a core content area or special education. The bill is effective for taxable years beginning after December 31, 2024.

Minnesota HF1802 modifies the tax credit for attaining a master's degree to include special education.

Minnesota HF1802 amends the tax credit for attaining a master's degree to include a master's degree in special education. This change allows qualified teachers to claim a credit against their taxes for tuition, fees, books, and instructional materials related to their master's degree program. The credit is limited to the lesser of $2,500 or the amount paid and can only be claimed once for each master's degree program completed in a core content area or special education. The bill is effective for taxable years beginning after December 31, 2024.