Here’s how to apply for a newer child tax credit on your Minnesota taxes

Here’s how to apply for a newer child tax credit on your Minnesota taxes

Low-income parents with dependent children are eligible to receive up to $1,750 per child on their state tax return this year in Minnesota.The state Child Tax Credit, now in its second year of existence, is available to families whose annual income is under a certain threshold. The credit is on top of the $5,000 most families in Minnesota can deduct on their state taxes every year for each dependent child. The Minnesota Department of Revenue has…