Advance Payments of the MN CTC
5/29/26: Watch your mail if you signed up for advance payments of the MN CTC this past tax season!
The Minnesota Department of Revenue is sending welcome letters to taxpayers who choose to receive advance payments of the MN Child Tax Credit payment this past tax season.
The letter includes your payment amount, payment schedule, and important information about updating your mailing address, changing from direct deposit to paper checks, stopping advance payments, and potential repayment situations.
If you signed up for advance payments, keep an eye on your mailbox and review the letter carefully when it arrives!
What are advance payments of the MN Child Tax Credit?
Advance payments let eligible Minnesota families receive part of the Minnesota Child Tax Credit before the next tax season. It’s a way to get part of your next refund sooner.
Families who choose advance payments receive part of their credit in three separate payments later that year and receive the rest when they file their Minnesota tax return the following tax season.
To qualify for the Minnesota Child Tax Credit, taxpayers must have at least one qualifying child and meet income requirements.
The credit is worth up to $1,750 per qualifying child. Many families with low to moderate incomes can qualify, including some families with little or no earned income.
Some people are not eligible, including full-year Minnesota nonresidents, people who are claimed as someone else’s dependent, and people who are banned by the IRS from claiming the federal Earned Income Tax Credit.
More information about advance payments:
Families can choose advance payments when filing their Minnesota tax return during the regular tax season only (January - April).
Payments are generally split into three payments later that year. Typically, they are sent in August, October, and December.
Families receive part of their MN Child Tax Credit early and then receive the rest when they file their Minnesota tax return the next tax season.
Families who receive advance payments must file a Minnesota tax return the following year.
Advance payments may affect SNAP benefits.
Some families may need to repay part of their advance payments if their income, filing status, or qualifying children change.