Don't Miss These Important Tax Benefits! You may be entitled to a tax credit of up to $200, or a deductible for certain educational expenses for your children in kindergarten through 12th grade! There are two programs to help you pay for school expenses: The Minnesota K-12 Education Credit and the K-12 Education Subtraction. For more information, visit the Minnesota Department of Revenue website at www.taxes.state.mn.us or call 651-296-3781 or 1-800-652-9094 to order the Minnesota K-12 Education Subtraction Credit fact sheet. IMPORTANT: In order to claim these tax benefits, you must keep your original receipts for educational instruction and materials. You will need them in order to receive these tax benefits.