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Last Updated: 11/28/2017

Brewer Credit and Annual Production Report

Who qualifies for the tax credit?​

Brewers who produce less than 250,000 barrels of fermented malt beverage in a calendar year qualify for the brewer credit.

How much is the tax credit?

The brewer credit is $4.60 per barrel up to 25,000 barrels, or $115,000. The total credit cannot exceed the current fiscal year’s tax liability or $115,000, whichever is less.

When do you claim the tax credit?

You claim the credit the following fiscal year. For instance, if you produced less than 250,000 barrels of beer January 1 – December 31, 2017, you can use the credit July 1, 2018 – June 30, 2019.

Annual Beer Production Report

You must report the total barrels of beer you produced during the calendar year on the Annual Beer Production Report (Form LB42). File your report with your December Excise Tax Return for Brewers (Form LB41). You must report the total barrels you produced, not your total sales. 

How do you file the report?

Electronic filers

  • If you key your return information into e-Services, enter the total barrels you produced in the first screen that opens when you file your December return.
  • If you import our Excise Tax Return for Brewers Microsoft Excel template into e-Services, complete Worksheet LB42 (last tab in the workbook) and import the file into the December filing period. 
Paper filers
 
Complete and mail the Annual Beer Production Report (Form LB42) with your December Excise Tax Return for Brewers (Form LB41). 
 
Remember! Report the number of barrels produced and not to the amount of barrels sold in Minnesota.