Farm Income (Schedule F / Form 4835)

ADVERTISEMENT

ORGANIZER
2016
1040
US
Farm Income (Schedule F/Form 4835)
19
No.
Please enter all pertinent 2016 amounts. Last year's amounts are provided for your reference.
GENERAL INFORMATION
Principal product
800
. . . . . . . . . . . . . . .
Employer ID number
801
. . . . . . . . . . .
Agricultural activity code
1
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accounting method: 1=cash, 2=accrual
2
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1=spouse, 2=joint
5
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1=farm rental (Form 4835)
84
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Type of rental property (farm rental only): 1=land, 2=self-rental, 3=other
966
. . . .
1=crop insurance proceeds election
64
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Received applicable subsidy this year: 1=yes, 2=no
18
. . . . . . . . . . . . . . . . . . . . . . . .
If required to file Form(s) 1099, did you or will you file all required Form(s) 1099: 1=yes, 2=no
112
. .
1=did not "materially participate" (Schedule F only)
65
. . . . . . . . . . . . . . . . . . . . . . . .
1=did not actively participate (Farm rental only)
85
. . . . . . . . . . . . . . . . . . . . . . . . . . . .
1=real estate professional, activity is trade or business,
3
2=real estate professional, not trade or business (farm rental only) . . . . . . . . . . . . . . . . . . . . . . . . . .
1=single member limited liability company
418
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
% of ownership if not 100% (.xxxx) (Farm rental only)
504
. . . . . . . . . . . . . . . . . . . . . .
FARM INCOME
Cash method:
2016 Amount
2015 Amount
Sales of livestock and other resale items
6
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cost or basis of livestock or other resale items
7
. . . . . . . . . . . . . . . . . . . . . . . . .
Sales of products raised
8
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Accrual method:
Sales of livestock, produce, etc.
17
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Beginning inventory of livestock, etc.
23
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Cost of livestock, etc. purchased
24
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Ending inventory of livestock, etc.
25
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Other farm income:
Total cooperative distributions
9
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Taxable cooperative distributions
10
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total agricultural program payments (other than CRP)
11
. . . . . . . . . . . . . . . . . .
Taxable agricultural program payments (other than CRP)
12
. . . . . . . . . . . . . . .
Total conservation reserve program payments
141
. . . . . . . . . . . . . . . . . . . . . . . . .
Taxable conservation reserve program payments
142
. . . . . . . . . . . . . . . . . . . . . . .
Commodity credit loans reported under election
13
. . . . . . . . . . . . . . . . . . . . . . . .
Total commodity credit loans forfeited or repaid
73
. . . . . . . . . . . . . . . . . . . . . . . .
Taxable commodity credit loans forfeited or repaid
74
. . . . . . . . . . . . . . . . . . . . .
Total crop insurance proceeds received in 2016
14
. . . . . . . . . . . . . . . . . . . . . . . .
Taxable crop insurance proceeds received in 2016
75
. . . . . . . . . . . . . . . . . . . . .
Taxable crop insurance proceeds deferred from 2015
76
. . . . . . . . . . . . . . . . . . .
Custom hire (machine work) income not included above
15
. . . . . . . . . . . . . . . .
19
Farm Income (Schedule F/Form 4835)
Series: 54

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2