News

Minnesota child tax credit eligibility . According to Gov. Walz, $61 million in state child tax credits were awarded during the first week of the 2024 filing season, and each credit averaged ...
Almost 300,000 Minnesota families are eligible for the child tax credit, which could support 513,000 children. The credits will be available to 36% of families with children, officials said.
Nearly 300,000 Minnesota families can receive up to $1,750 per child in new tax credits this year — the highest child tax credit in the country. On Monday, Gov. Tim Walz joined state leaders to ...
Minnesota estimates more than 356,000 children have already benefited from the state's child tax credit, with families receiving an average credit of $2,510.
As mentioned, the Minnesota tax bill included a child tax credit and rebate checks. The rebate checks were based on tax year 2021 when pandemic-era stimulus payments and rebates were more common.
Numerous states offer their own version of a child tax credit, and Minnesota has now debuted a new plan that will pay out your 2026 credit throughout 2025. CNET.
ST. PAUL — The prediction is bold: Gov. Tim Walz and DFL legislative leaders say a new child tax credit will slash child poverty in Minnesota by one-third. “Minnesota is going to enact not ...
Minnesota’s child tax credit passed in the 2023 legislative session, making it the 15th state to offer a credit to working-class families.
Families can receive a tax credit of up to $1,750 per child under the age of 18. Tax credit amount varies with family income, but parents must file a Minnesota tax return to tap into this new benefit.
Minnesota’s new child tax credits went into effect this year as part of a tax bill passed by the Democratic-Farmer-Labor-controlled Legislature and signed into law by Walz in 2023.
Minnesota is taking a big step forward to improve the lives of hundreds of thousands of children in need through its generous child tax credit. The tax credit — which is fully refundable — can ...