Earned income credit in Minnesota
Varies
Does Minnesota Have an Earned Income Tax Credit?
Short answer: Yes: Minnesota offers the Minnesota Working Family Credit, Own formula for 2026: 4% of the first $9,690 of earned income (max $388), up to $1,408 / $2,718 / $3,158 with 1 / 2 / 3+ qualifying older children (refundable). 'Qualifying older children' are dependents aged 18+; children under 18 count toward the separate $1,800-per-child Child Tax Credit instead. Both credits shrink by 12% of income above $32,680 ($38,770 married filing jointly). ITIN filers eligible.
Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Records to keep: Keep your state return, W-2s and 1099s (1099-R, SSA-1099), and any state credit worksheets. Check your state revenue department's current-year instructions before you file.
Earned income credit in Minnesota
Varies
Individuals / Personal Taxes
Yes: Minnesota offers the Minnesota Working Family Credit, Own formula for 2026: 4% of the first $9,690 of earned income (max $388), up to $1,408 / $2,718 / $3,158 with 1 / 2 / 3+ qualifying older children (refundable). 'Qualifying older children' are dependents aged 18+; children under 18 count toward the separate $1,800-per-child Child Tax Credit instead. Both credits shrink by 12% of income above $32,680 ($38,770 married filing jointly). ITIN filers eligible.
Business justification
Yes: Minnesota offers the Minnesota Working Family Credit, Own formula for 2026: 4% of the first $9,690 of earned income (max $388), up to $1,408 / $2,718 / $3,158 with 1 / 2 / 3+ qualifying older children (refundable). 'Qualifying older children' are dependents aged 18+; children under 18 count toward the separate $1,800-per-child Child Tax Credit instead. Both credits shrink by 12% of income above $32,680 ($38,770 married filing jointly). ITIN filers eligible. Claim the federal EITC on Form 1040 (with Schedule EIC if you have qualifying children); state credits go on your state return.
Category
- Personal Tax Deductions