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The Minnesota Section 179 addition applies to property placed in service during a flow-through business’s 2019 fiscal year.

Shareholders and partners of a fiscal-year flow-through business.

You must report a Minnesota Section 179 addition on the 2020 Minnesota income tax return in these circumstances: Minnesota subtractions from prior-year additions will continue until the five-year subtraction period ends. This applies to property placed in service after December 31, 2019. The Minnesota addition is not required for federal expensing claimed on business property that qualifies for federal and state Section 179 expensing.

Senior Citizens Property Tax Deferral Program.

What income is taxable and do I need to file?.

Household Income for K-12 Education Credit.

Household Income for Income Tax Credits.

Frequently Asked Questions for Families.

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