MN HF1290

Expands the definition of "education-related expenses" under Minnesota's education expenses tax credit to include broadband subscription services for qualifying children in kindergarten through grade 12.

Allows a tax credit equal to 75 percent of qualified education-related expenses, including the newly added broadband subscription services capped at $25 per month per family.

Broadband subscription services must be included within the existing $200 per family maximum expense limit for personal computer hardware, broadband services, and educational software combined.

Broadband and computer expenses must be purchased for use in the taxpayer's home and not used in a trade or business, regardless of whether the school requires the computer.

Effective for taxable years beginning after December 31, 2016.