Minnesota expands the education credit for individual income tax to include more expenses.

Minnesota expands the education credit for individual income tax to include more expenses. Eligible expenses now include tutoring, summer camps, personal computer hardware, and transportation for students in approved career and technical education programs. The bill also includes expenses for participation in student organizations required by the program curriculum and equipment needed for the program. This change is effective for taxable years beginning after December 31, 2024.

Minnesota expands the education credit for individual income tax to include more expenses.

Minnesota expands the education credit for individual income tax to include more expenses. Eligible expenses now include tutoring, summer camps, personal computer hardware, and transportation for students in approved career and technical education programs. The bill also includes expenses for participation in student organizations required by the program curriculum and equipment needed for the program. This change is effective for taxable years beginning after December 31, 2024.