Bill > HF4349

This bill expands the dependent care individual income tax credit in Minnesota. It does this by increasing the maximum eligible dependent care expenses, adjusting the credit percentage based on the taxpayer's adjusted gross income, and providing additional rules for married couples filing separately. The bill also adds new definitions related to the credit, such as "employment-related expenses" and "qualifying individual." Additionally, it requires taxpayers to provide certain identifying information for the individuals or organizations they paid for dependent care in order to claim the credit.