M1CWFC

It is asking if you want an advance payment of your 2025 Minnesota Child Tax Credit. 

This is new for Tax Year 2024.

According to the state of Minnesota:

“You may elect to receive advance payments of your 2025 Child Tax Credit if you are eligible for the 2024 Child Tax Credit. See additional information under Advance Payments for 2025.
Beginning with tax year 2025, you may be eligible for a Minimum Credit which is up to 50% of your Child Tax Credit received in the prior year. To be eligible for the 2025 Minimum Credit, you must elect to receive advance payments of your 2025 Child Tax Credit when you file your 2024 individual income tax return, and you must also be eligible for the Child Tax Credit when you file your 2025 return. The Minimum Credit may be reduced if you are claiming fewer qualifying children on your 2025 return than your 2024 return or if you are a part year resident in 2025. The maximum Minimum Credit you are eligible to receive is determined on line 19 of Schedule M1CWFC.”