On February 7, 2024, the Minnesota Tax Court determined in Soo Line Railroad Company v. Commissioner of Revenue that, beginning in tax year 2013, the Minnesota railroad track maintenance subtraction can be used for expenses that were disallowed as a deduction on your federal return due to claiming the federal railroad track maintenance credit regardless of when the asset was purchased. Revenue will follow the Minnesota Tax Court decision.

Visit our website for more information about the Railroad Maintenance Subtraction.