Minnesota’s Child Tax Credit Has Helped More Than 215,000 Minnesota Families

Category: Finance

Minnesota's Child Tax Credit has provided over $545 million to more than 215,000 families in 2023, benefiting nearly 440,000 children with an average credit of $1,244 per child. The state plans to introduce an advanced payment option for the credit in 2024, allowing parents to receive funds throughout the year.

Keywords: Child Tax Credit, Minnesota, Tax Benefits

Source: knoxradio

Update At: 8/6/2024

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