Form Reg-8 - Application For Farmer Tax Exemption Permit

Form Reg-8 - Application For Farmer Tax Exemption Permit - 2014 Page 2

Section 2

Detail of Farm Income Reported on Federal Schedule C (Form 1040)

If you report farm income on federal Schedule C (Form 1040), Proﬁ t or Loss From Business (Sole Proprietorship), you must provide detailed

information about your sales and expenses and complete the sections below.

A. How much of the income reported on Schedule C, Part 1, Line 1, is from agricultural production?

B. List the agricultural products you raised, the agricultural services you provided, and the gross income from each. The total should

equal the amount reported on Line A above. Attach additional sheets if necessary.

Product or Service

Gross Income

Total: Add Lines 1 through 8.

C. If any products listed in B were purchased for resale, for example, seedlings or calves, list the products below and indicate the

length of time you raised each of them prior to its sale. Attach additional sheets if necessary

Product Purchased for Resale

Length of Time Raised

Attachments

(This does not apply to start-up farmers.)

You must attach signed copies of the following pages from your most recently ﬁ led federal tax return to your application



Federal Form 1040, U.S. Individual Income Tax Return, Page 1 and Page 2; federal Form 1041, U.S. Income Tax Returns for Estates

and Trusts; Form 1065, U.S. Return of Partnership Income; Form 1120, U.S. Corporation Income Tax Return; or Form 1120S, U.S.

Income Tax Return for an S Corporation, Page 1; and



Federal Form 4835, Farm Rental Income and Expenses, Schedule F (Form 1040), Proﬁ t or Loss From Farming, or Schedule C (Form

1040). Applicants who are not required to ﬁ le federal Form 1040 must also submit the same information as would be reported on

Schedule C or Schedule F even though they are not required to ﬁ le those schedules for federal tax purposes.

REG-8 (Rev. 05/14)

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Form Reg-8 - Application For Farmer Tax Exemption Permit - 2014 Page 2