First in the nation advance payments for Minnesota’s Child Tax Credit begin  

ST. PAUL, Minn. – First in the nation advance payments for Minnesota’s nation-leading Child Tax Credit will start reaching bank accounts next week, the Minnesota Department of Revenue announced today. Recipients of the advance payments, more than 17,000 Minnesota families, opted in to receive a portion of their 2025 Child Tax Credit in three installments going out at the end of July, September, and November. The average advance payment is $446.

“Minnesota’s Child Tax Credit was created to lift kids out of poverty and provide relief for working families. With the advance payment option, we accomplish that goal while allowing families to manage their budgets and get ahead,” said Governor Walz. “I’m proud to support our kids and families as they prepare for the school year, and I’m proud to say that programs like this are why Minnesota continues to be one of the best states to raise a child.”

“The advance payment option for Minnesota's Child Tax Credit will allow families opportunities for long-term financial stability,” said Lieutenant Governor Flanagan. “Timing matters — the advance payment option gives a boost to family budgets throughout the year so kids aren't kept waiting.”

“The goal of the advance payment option was to really make the Child Tax Credit the most impactful it could be by reaching families throughout the year and not just during tax time,” said Revenue Commissioner Paul Marquart. “The advance payments will help nearly 18,000 families, including 35,000 children, as back-to-school shopping season approaches.”

Minnesota nation-leading Child Tax Credit continues success in its second year.

New figures released today by the Minnesota Department of Revenue show the state’s nation-leading Child Tax Credit put over $564 million into the budgets of more than 219,000 Minnesota families this year. Recipients of the Child Tax Credit claimed over 447,000 eligible children for an average total credit of $1,260.

Since its inception in 2023, Minnesota’s nation-leading Child Tax Credit has put over $1 billion dollars into family budgets across the state. 

Learn more about income requirements and qualifications on the Child Tax Credit webpage.

About advance payments of the Child Tax Credit.

If a Child Tax Credit recipient chose advance payments of their 2025 credit when filing their 2024 tax returns, they will receive a portion, no more than 50%, of their 2025 credit in three installments going out at the end of July, September, and November. They will receive the remaining portion of the credit amount when they file their 2025 income tax returns. 

Learn more about this option for the Child Tax Credit advance payment option webpage.

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