field_block:node:page:title
Film Production Credit
field_block:node:page:body
Minnesota’s Film Production Tax Credit provides an assignable 25% income tax credit to production companies that spend at least $1,000,000 in 12 consecutive months for eligible production costs.
field_block:node:page:field_paragraph
You must apply for this credit through the Minnesota Department of Employment and Economic Development (DEED). DEED allocates the credit on a first-come, first-served basis until the program reaches its $25 million annual maximum.
For details on who qualifies and how to apply, see DEED’s Film Production Tax Credit webpage.
If DEED accepts your credit application, you will receive a Tax Credit Certificate. You will file a Minnesota tax return with this certificate for the year you incurred eligible expenses.
How you report the credit depends on how you file your state taxes.
Taxpayers who receive a credit certificate from DEED may assign (transfer) their credit to another taxpayer. The credit must be assigned prior to claiming any portion of the credit.
To assign the credit, complete the Optional Film Production Tax Credit Certificate Assignment on page 2 of the credit certificate. Send a copy of the completed assignment form to the address shown on the form for your tax type within 30 days. You will receive a confirmation letter after we receive the assignment.
