Schedule M1ED K-12 Education Credit - Minnesota

What Is Schedule M1ED?

This is a legal form that was released by the Minnesota Department of Revenue - a government authority operating within Minnesota. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Schedule M1ED?
A: Schedule M1ED is a form used in Minnesota to claim the K-12 Education Credit.

Q: What is the K-12 Education Credit?
A: The K-12 Education Credit is a tax credit in Minnesota that helps parents offset educational expenses for their children in grades kindergarten through 12.

Q: What expenses can be claimed under the K-12 Education Credit?
A: Under the K-12 Education Credit, expenses such as tuition, fees, and transportation costs for attending public or private schools can be claimed.

Q: Who is eligible for the K-12 Education Credit?
A: To be eligible for the K-12 Education Credit, you must meet certain income requirements and have a qualifying child who is in grades K-12.

Q: How much is the K-12 Education Credit?
A: The amount of the K-12 Education Credit varies depending on your income and the eligible educational expenses you incurred.

Q: How do I claim the K-12 Education Credit?
A: To claim the K-12 Education Credit, you need to complete Schedule M1ED and include it along with your Minnesota state tax return.