Greetings,
This summer we had 3 generations of Backers water skiing together: Grandpa/Dad (74), Me (50), and my Daughter (20).
I hope you had a fun summer that created many lasting memories with your friends and loved ones.
School Supplies Tax Incentives:
I want to remind you that Minnesota has tax incentives to help lower the annual expense of school supplies; Minnesota has both a tax credit and subtraction for education expenses, so make sure to save your receipts!
Items that qualify are: writing utensils, textbooks, musical instrument rentals, as well as other school supplies. While the education subtraction is not subject to income limits, the credit is limited to households with incomes less than $37,500 with 1-2 children, $39,500 with 3 children, and adding $2,000 per child for households with 4 or more children. According to the Department of Revenue, nearly 200,000 families took advantage of the education subtraction with more than 43,000 families taking advantage of the education credit, saving an average of $242.
For full details about the Education Subtraction and Credit and to find out what school supplies qualify, click here and here.
Staying in Touch:
Please be sure to contact me if you have any questions, comments, or concerns regarding any issue related to state government. I can be reached by phone at either 651-296-4929, 701-361-1909, or via email at rep.jeff.backer@house.mn.
Good luck to all students, teachers, coaches, and staff this school year!
