Thorpe v. Comr., No. 8308-R, 2013 Minn. Tax LEXIS 35 (Minn. Tax Court Jul. 25, 2013)

(petitioners, married couple, inherited 5.5-acre farm and operated as a dairy until 1997 when property converted to petting zoo, go-cart track and home sale activities; petitioners lost money and claimed deductions for expenses related to activities which resulted in substantial Schedule C losses; deductions denied on state return due to lack of substantiation; court affirmed denial and also affirmed imposition of accuracy-related penalty).