Minnesota passed legislation last year that enacted a new state child tax credit worth up to $1,750 per qualifying child. Eligible Minnesotians can claim the new credit when they file their 2023 state tax returns (for returns being filed now). The credit is fully refundable, meaning even taxpayers who don’t owe any tax could receive the full amount of the credit as a tax refund.
During a press conference earlier this month, Gov. Tim Walz referred to the credit as the best in the country but reminded taxpayers that the credit is not automatic. “You have to file your taxes to get it,” he said.
