MN SF2103

Removes refundability from Minnesota's Child Tax Credit (section 290.0661), meaning taxpayers can no longer receive cash refunds if the credit exceeds their tax liability

Removes refundability from Minnesota's Working Family Credit (section 290.0671), similarly converting it to a non-refundable credit

Eliminates the advance payment option for the Child Tax Credit, which previously allowed taxpayers to receive estimated credit payments before filing their return

Removes the filing requirement exception that required taxpayers receiving advance Child Tax Credit payments to file a Minnesota income tax return

Effective for taxable years beginning after December 31, 2024