Screen MN706Q - Minnesota Qualified Small Business and Farm Deduction Asset (706)

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Overview

Use this screen to enter information to claim the qualified small business and farm property deduction and identify people holding interests in these qualified small business and farm properties.

See also: Processing 706 Minnesota returns

Qualified Small Business Property Requirements

UltraTax CS uses information from this section to elect the qualified small business property deduction.

Qualified Farm Property Requirements

UltraTax CS uses information from this section to elect the qualified farm property deduction.

Qualified Heirs\Family Members Requirements

Use these fields to completed form M706Q.

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