Posted 2/10/2010 15:54 (#1068253 - in reply to #1068223) Subject: RE: IRS change.. can't use net $$ from grain reciepts
Central Minnesota
I received a 1099 on the soybeans that I sold to CHS Inc. for the gross proceeds of the soybeans sold along with a letter explaining just the situation that you describe. Accountant said as long as my total is higher then my 1099 I will be okay. Sounds like that is the future though.
IRS change.. can't use net $$ from grain reciepts
