Minnesota Tax Credits for Workers and Families

Strong tax credits for lower-income Minnesotans can boost their incomes and get children off to a stronger start in life. They also contribute to a fairer tax system in Minnesota. Our work on tax credits particularly focuses on the Working Family Credit and the Renters' Credit property tax refund.

More information on our advocacy efforts to strengthen Minnesota's state tax credits is available on our Working Family Credit and Renters' Credit agenda pages.

Research

February 2020

Who receives the Working Family Credit? (TY 2017)

Minnesota’s Working Family Tax Credit encourages and supports work, makes the tax system more equitable, and helps working people across the state to meet their basic needs and support their families. This issue brief provides information about the importance of the Working Family Credit to each Minnesota county.

April 2019

Prioritize Minnesota workers and their families by expanding the Working Family Credit

Everyday, many hard-working families across Minnesota struggle to make ends meet. We also know that the state's future economic success depends on more Minnesotans participating in the workforce. A stronger Working Family Credit would support the work efforts of hundreds of thousands of working Minnesotans, get Minnesota children off to a stronger start, and make Minnesota taxes more equitable.

March 2018

Who receives the Working Family Credit? (TY 2015)

In 2015, more than 330,000 households received the Working Family Credit, which is more than 12 percent of all Minnesota households that file state income taxes in Minnesota. This state tax credit encourages and supports work, makes the tax system fairer, and helps working people all across the state meet their basic needs and support their families. About half of all workers and families that receive the credit live in Greater Minnesota, and half in the Twin Cities metro area. This issue brief includes information about the Working Family Credit for each Minnesota county.

March 2018

Who receives the Renters' Credit? (TY 2015)

The Renters' Credit provides a property tax refund to low- and moderate-income renters whose property taxes are high in relation to their income. About 328,000 Minnesota households received the Renters’ Credit in 2015. Households including seniors and persons with disabilities make up 28 percent of all Renters’ Credit recipients, and in 12 Greater Minnesota counties, at least one-half of participating households included seniors and/or persons with disabilities. This issue brief includes information about the Renters' Credit for each Minnesota county.

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Tax Credits Blog Posts

March 26, 2024

Governor Walz’s supplemental budget proposal lays out his priorities

Governor Tim Walz released his governor’s supplemental budget proposal. The administration described the priorities for his budget as safe communities, clean drinking water, and support for children and families. At the Minnesota Budget Project, we were thrilled that one of our top priorities was included in the governor’s supplemental budget: resources to implement advance periodic payments of the Child Tax Credit. In total, Walz proposed $200 million in net general fund spending increases and revenue reductions in FY 2024-25 and $27 million in FY 2026-27.

March 26, 2024

Minnesota Child Tax Credit strengthens families and reduces child poverty

Minnesota’s new Child Tax Credit (CTC) will help families achieve their goals and invest in a better future for themselves and their children. Earlier this session, members of the House Tax Committee heard a brief overview of the state’s Child Tax Credit, which was created in the 2023 tax bill, and an update on its implementation.

May 12, 2023

2023 tax conference committee weighs similarities, differences in House, Senate, Walz tax plans

This year, policymakers are considering transformational changes and long-overdue investments to make Minnesota a state...

March 29, 2023

House Property Tax Division bill includes transformational changes to the Renters’ Credit

One of the highlights of last year’s tax discussion is moving forward again this session: a game-changing proposal to...

More Tax Credits Blogs