{
  "id": "EXCL_TERMINAL_RAILROAD_INCOME",
  "name": "Terminal Railroad Corporation Income Exclusion",
  "category": "deduction",
  "jurisdiction": "federal",
  "eligibility_type": "opportunity",
  "eligibility": {
    "description": "Must be a domestic terminal railroad corporation where all shareholders are rail carriers and a written agreement exists between all shareholders before the start of the tax year.",
    "requires_entity_type": null,
    "min_age": null,
    "max_age": null
  },
  "parameters": {},
  "entity_specific": false,
  "entity_types": null,
  "conflicts": [],
  "actionability": {
    "retroactive_status": "deadline_passed",
    "retroactive_note": "Action required during tax year — verify if still applicable",
    "forward_status": "available"
  },
  "description": "Excludes from gross income the portion of liability for terminal services that is discharged by crediting it with related terminal income. It also prevents the disallowance of deductions that would otherwise be lost due to this accounting treatment.",
  "irc_reference": "IRC §281",
  "deadline": "",
  "savings_potential": "niche",
  "benefits": "business",
  "discovered_by": "discovery_engine_v1",
  "calculator_implemented": false
}