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Tax deadline for retired farmers
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wht one
Posted 2/29/2024 20:02 (#10645961 - in reply to #10643995)
Subject: RE: Tax deadline for retired farmers


E. CO, exactly half way between NE and OK
Indrtfmr - 2/28/2024 03:37

It should be if you are crop share renting it should be March 1 with no quarterly payments. How can you estimate taxes when a crop share can vary by a lot. The trouble is this would make sense but the government doesn't.


You figure your estimated payments by the amount you pay the previous year. If you have a larger income this year, you may have to pay more taxes. If you have less taxes, you can get a refund or use the excess for the next quarterly payment.
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