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4 NEAR FINAL DRAFT 8/1/24 4
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6 *241351* 6
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2024 Schedule M1ED, K–12 Education Credit
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9 You must have receipts as proof of your education expenses. Keep these receipts with your tax records. 9
10 FIRST NAME, IN YOUR LAST NAMEXXXXX 112233333 12 10
11 Your First Name and Initial Last Name Social Security Number Total Number of Qualifying Children 11
(also enter in the box on line 3a of Schedule M1REF)
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13 1 Adjusted gross income (see instructions). ... ...... ..... ....... ..... ...... ..... ..... ...... ...... ...... ... 1 12345678 13
14 If you have one or two qualifying children and line 1 is $79,760 or more, STOP HERE. You do not qualify. 14
15 If you have more than two qualifying children, see instructions. 15
16 Qualifying Education Expenses—In columns A–C, list expenses paid in 2024 for each qualifying child separately. If you have expenses for more 16
17 than three children, include a separate sheet that shows lines 2–7 for each additional child. See Form M1 instructions for a list of qualifying 17
18 expenses. 18
19 Child A Child B Child C 19
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21 Qualifying Child’s Name NAME1XXXXXNAME2XXXXXNAME3XXXXX 21
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23 Child’s Social Security Number 123456789 123456789 123456789 23
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25 K-12 Grade for Which Expenses Incurred 12 12 12 25
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27 Date of Birth 27
11223333 11223333 11223333
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29 Type of School (Public, Private, Home) 29
SCHOOLTY SCHOOLTY SCHOOLTY
30 2 Fees for enrichment or academic classes taken outside the regular school day or 30
31 school year. Do not include private school tuition . ...... ..... ...... ...... . 2 1234 1234 1234 31
32 Organization and type of class: LIST ORGANIZATION AND TY 32
33 3 Fees for individual instruction by a qualified instructor taught outside the 33
34 regular school day or year, such as tutoring or music lessons ... ..... ....... .. 3 1234 1234 1234 34
35 Name of instructor or organization and the type of class: 35
36 NAME OF INSTRUCTOR OR ORGANIZATIONXXXXXX 36
37 4 Purchases of required school materials ..... ...... ...... ..... ...... ..... . 4 1234 1234 1234 37
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39 5 Purchases or rentals of musical instruments used during the regular school day .. 5 1234 1234 1234 39
40 Type and cost eachof : TYPEANDCOSTXXXXXXXXXXXXXXXXX 40
41 6 Transportation costs paid to others for the regular school day ..... ....... ... 6 1234 1234 1234 41
42 Transportation provider: PROVIDERXXXXXXXXXXXXXXXXXXX 42
43 7 Add lines 2 through 6 for each column ... ...... ..... ....... ..... ...... ... 7 12345 12345 12345 43
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45 8 Add line 7 for all columns ... ....... ..... ..... ...... ...... ...... ..... ...... ...... ..... ..... ...... ....... 8 12345 45
46 9 Personal computer hardware and educational software expenses, not to 46
47 exceed $200. (Do not include monthly service fees for internet access) ..... ...... ..... ...... ...... ...... ..... .. 9 123 47
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49 10 Add line 8 and line 9 . ...... ...... ..... ..... ....... ...... ..... ...... ..... ..... ...... ....... ..... ..... . 10 12345 49
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51 11 Multiply line 10 by 75% (.75) .. ..... ...... ..... ...... ..... ...... ...... ..... ...... ...... ..... ...... ..... 11 12345 51
52 12 If your adjusted gross income on line 1 is $73,760 or less, multiply the number of qualifying children 52
53 in grades K–12 by $1,500. If it is more than $73,760, complete the Worksheet for Line 12 in the instructions . . . . . . . . 12 12345 53
54 13 Amount from line 11 or line 12, whichever is less. 54
55 Full-year residents: Also enter this amount on line 3 of Schedule M1REF ...... ..... ...... ...... ..... ...... .... 13 12345 55
56 14 Part-year residents and nonresidents: Multiply line 13 by line 30 of Schedule M1NR. Enter the result 56
57 here and on line 3 of Schedule M1REF. However, if your Minnesota gross income is less than $14,575, complete 57
58 worksheet in instructions; enter result from step 5 of worksheet here: 12345678 and enter step 6 on line 14 ... . 14 12345 58
59 Enter qualifying children on line 3a of Schedule M1REF. Include this schedule with your Form M1. Save your receipts. 59
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