Posted 2/10/2010 17:27 (#1068390 - in reply to #1068223) Subject: Re: IRS change.. can't use net $$ from grain reciepts
cropsey, il 61731
But that isn't adjusted gross income (income less expenses) and that is what the new 'test' is based on (isn't it). If it were gross dollars in, the number of farms that qualify would be drastically reduced - maybe everything over 1500 acres?