Schedule M1cmd - Credit For Attaining Master'S Degree In Teacher'S Licensure Field - 2017 Page 2
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1
22017 Schedule M1CMD Instructions
Am I eligible?
Do I need proof?
Line Instructions
If you are a licensed Minnesota teacher
Round amounts to the nearest whole dollar.
Yes. Save detailed records of payments (such
that completed a master of arts or science
as student account statements) for tuition
degree program during 2017, you may be
Line 1
and required fees, books, and instructional
eligible for a nonrefundable credit up to
Enter the total amount you paid for tuition
materials. We may ask you to show these
$2,500. You qualify for the credit if all of
and required fees, books, and instructional
records if we have questions.
the following are true:
materials for your master’s degree program.
Who is a qualifying teacher?
• You began a master’s degree program
This includes amounts paid in prior years.
after June 30, 2017
Any person with a teaching license issued
Line 2
by the Minnesota Board of Teaching. To
• You completed the master’s degree
Enter the amounts you received in schol-
qualify, you must have a teaching license
program in 2017 in a core content area
arships for your master’s degree program.
when you begin and complete the master’s
directly related to your licensure field
degree program.
This includes amounts received in prior
• Your master’s degree program did not
years.
include pedagogy or a pedagogy com-
What expenses qualify?
ponent
Line 3
Qualifying expenses include all tuition
• You held a Minnesota teaching license
Enter the amounts you received in em-
and required fees, books, and instructional
when you began and when you complet-
ployer reimbursements for your master’s
materials purchased for your master’s degree
ed the master’s degree program
program. You can include expenses for
degree program. This includes amounts
• You paid for tuition or required fees,
which you receive a scholarship or employer
received in prior years.
books, or instructional materials for your
reimbursement. However, the scholarship
master’s degree program
Line 6
and amount of reimbursement must be
The maximum credit amount is $2,500 for
If you are a part-year or nonresident, you
included on lines 2 and 3.
each degree.
may be eligible for this credit based on the
Can I qualify for this credit more
percentage of your income that is taxable to
Questions? Need forms?
Minnesota.
than once?
Forms and information are available on our
You may only claim this credit once for each
website at
master’s degree program completed in a core
content area.
If you have questions:
• Visit our website at
What is a core content area?
Core content areas include reading, English
• Send us an email at
or language arts, mathematics, science,
individual.incometax@state.mn.us
foreign languages, civics and government,
• Call us at 651-296-3781 or 1-800-652-
economics, arts, history, and geography.
9094
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