Reference Source

Minnesota

For Minnesota, section 179 conformity is conforms; state section 179 cap is federal limit applies (full conformity beginning tax year 2020); state section 179 phase-out is federal phase-out applies; bonus depreciation conformity is decouples — requires add-back; add-back rule is Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years, recorded from its source on 2026-08-15.

State
Minnesota verified
Section 179 conformity
conforms verified
State Section 179 cap
federal limit applies (full conformity beginning tax year 2020) verified
State Section 179 phase-out
federal phase-out applies
Bonus depreciation conformity
decouples — requires add-back
Add-back rule
Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years verified
Has income tax
yes verified
Sourceaccountants.intuit.com
Verified
Review by
DatasetState conformity to federal Section 179 and bonus depreciation rules

What the source says

State Follows Bonus Depreciation-TCJA of 2017 : No Minnesota does not conform to the Tax Cuts and Jobs Act provision that provides a 100% first-year deduction for the adjusted basis is allowed for qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023. Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years. State Follows IRC § 179-TCJA of 2017 : Yes Minnesota fully conforms to the Tax Cuts and Jobs Act provision that increases the maximum amount a taxpayer may expense under IRC Section 179 to $1 million, increases the phase-out threshold amount to $2.5 million, and provides for indexing for inflation

accountants.intuit.com, retrieved 2026-08-15

Sources disagree

More than one authority states this, and they do not state the same thing. Both are reproduced with the source each came from — deciding between them is yours, not ours.

State Section 179 cap

accountants.intuit.com says state section 179 cap is federal limit applies (full conformity beginning tax year 2020), as of 2026-08-15.

State Follows Bonus Depreciation-TCJA of 2017 : No Minnesota does not conform to the Tax Cuts and Jobs Act provision that provides a 100% first-year deduction for the adjusted basis is allowed for qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023. Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years. State Follows IRC § 179-TCJA of 2017 : Yes Minnesota fully conforms to the Tax Cuts and Jobs Act provision that increases the maximum amount a taxpayer may expense under IRC Section 179 to $1 million, increases the phase-out threshold amount to $2.5 million, and provides for indexing for inflation

https://accountants.intuit.com/support/en-us/help-article/asset-depreciation/state-conformity-special-depreciation-allowance/L27kRyetJ_US_en_US

crosslinktax.com says state section 179 cap is federal limit applies, as of 2026-08-15.

Minnesota | Over 6 years | Yes | Bonus Depreciation – 20% the first year, the rest equally over the next 5 years

https://www.crosslinktax.com/customer-resources/tax-resource-center/tax-updates/state-compliance-with-federal-bonus-depreciation-and-section-179-expensing-2025/

Add-back rule

accountants.intuit.com says add-back rule is Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years, as of 2026-08-15.

State Follows Bonus Depreciation-TCJA of 2017 : No Minnesota does not conform to the Tax Cuts and Jobs Act provision that provides a 100% first-year deduction for the adjusted basis is allowed for qualified property acquired and placed in service after September 27, 2017, and before January 1, 2023. Taxpayers must add back 80% of the federal depreciation bonus to their Minnesota return in the first year and then 20% of the addback amount can be subtracted in each of the next 5 years. State Follows IRC § 179-TCJA of 2017 : Yes Minnesota fully conforms to the Tax Cuts and Jobs Act provision that increases the maximum amount a taxpayer may expense under IRC Section 179 to $1 million, increases the phase-out threshold amount to $2.5 million, and provides for indexing for inflation

https://accountants.intuit.com/support/en-us/help-article/asset-depreciation/state-conformity-special-depreciation-allowance/L27kRyetJ_US_en_US

crosslinktax.com says add-back rule is Bonus Depreciation – 20% the first year, the rest equally over the next 5 years, as of 2026-08-15.

Minnesota | Over 6 years | Yes | Bonus Depreciation – 20% the first year, the rest equally over the next 5 years

https://www.crosslinktax.com/customer-resources/tax-resource-center/tax-updates/state-compliance-with-federal-bonus-depreciation-and-section-179-expensing-2025/

Sources

Last verified against source: . Due for re-check by . This page as Markdown · OKF bundle · full dataset as JSON.