Conservation Equipment Tax Break (Maryland Income Tax Subtraction Modification for Conservation Equipment)

A tax incentive that helps farmers offset the cost of buying certain types of conservation equipment to control soil erosion, manage nutrients, and protect local water quality. Farmers can subtract eligible conservation equipment purchases from taxable income on Maryland individual (Form 502) and corporate (Form 500) tax returns. The subtraction is 100% of cost for most eligible equipment types (no-till planters/drills, manure injectors/spreaders, installation costs, deep no-till rippers, GPS...