Railroad Maintenance Subtraction
Minnesota allows a subtraction for railroad maintenance expenses by certain railroads.
To qualify, both of these must be true:
- You claimed a federal credit for railroad maintenance expenses on federal Form 8900
- You incurred expenses from railroads classified by the U.S. Surface Transportation Board as any of these:
- Class III (small)
- Class II (medium-sized)
Class I (large), if transporting property using the rail facilities of a Class II or III railroad
You may subtract from Minnesota taxable income any expenses you were not allowed to deduct on your federal income tax return.