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Last Updated: 7/16/2018

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Individual Income Tax

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Individual Income Tax > Tax Information > Subtractions: Bonus depreciation

  • Can I adjust the federal gain or loss on the disposition of an asset due to the Minnesota treatment of the bonus depreciation?Back to top

    ​No, you must continue to claim the subtraction rather than adjusting your gain or loss.

  • May I claim the subtraction if I claimed bonus depreciation on my federal return in a year that I was not required to file a Minnesota return?Back to top

    ​No, you may only claim this subtraction if you were required to make an addition for federal bonus depreciation on a Minnesota return.