Posted 2/11/2010 22:10 (#1070589 - in reply to #1070509) Subject: Re: IRS change.. can't use net $$ from grain reciepts
southern MN
Coops have always sent 1099's, dealing with the distribution.
This year they get to share excessdeduction with us, so there is an extra line for that - the export worker bonus thingie - I can't remember what for all. But it's new this year, and we get to use it as a deduction.
Hadn't heard anything of the gross/ net income deal.
IRS change.. can't use net $$ from grain reciepts
