MN Education Deductions
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MN Education Deductions |
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Karl Krodel, Janel Rutherford, Kerry Sauve, Jill Peltier
VerBout Services
651-464-7941, Fax:763-201-7866
3rd Floor
25 North Lake St. Suite 300
Forest Lake, Mn 55025
verbout@gmail.com
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| We are located on the 3rd floor of the ParkPlace Building (corner of Broadway & Lake), 25 No. Lake St. Suite 300, Forest Lake, MN 55025. |
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MN EDUCATION CREDIT ITEMS
INCOMES UNDER $37,500, DEDUCTED IN YEAR PAID
1. Tutoring (qualified instructor)
2. Fee for after school enrichment programs such as science
and study habits courses
3. Tuition for summer camps that are primarily academic in
focus such as language or fine arts camps
4. Music Lessons (qualified instructor)
5. Instructor fees for drivers education if the school that your
child attends offers drivers education (Does not matter
where it is taken)
6. Nonreligious academic books and materials purchased for
use during the regular public, private or qualified home
school day
7. Rental of musical instrument, educational equipment &
calculators used for regular school music classes (not
marching bands)
8. Transportation--Fees paid to others for transportation to/from
school or for field trips during the normal school day (MN,
IA, ND, SD, WI)
9. Home computer hardware, educational software (not games)
up to $200 as credit and an additional $200 as a subtraction
10. Clothing required for physical education classes (NOT
uniforms)
11. Entrance fees to exhibits
12. Instructional portion of expenses paid for class trips taken
during the normal school day (not meals or lodging)
13. Fees paid for your childs after school instruction including
tuition paid for a qualifying all day public school kindergarten
if academic in nature (including fine and performing arts)
and taught by qualifying instructor.
LINE 4 SUBTRACTION DEDUCTIONS ONLY (not a cash credit)
14. Tuition paid for college courses that satisfy HS graduation
requirements
15. Private school tuition
16. Computer hardware and educational software maximum
$200 for subtraction and $200 for a credit (if income
qualifies)--Software purchased to access the internet but
not monthly service providers--NOT AOL, MSN
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VerBout Services
