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Tax deadline for retired farmers
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Birddy
Posted 2/29/2024 20:34 (#10646015 - in reply to #10643979)
Subject: RE: Tax deadline for retired farmers



ND

Iowajim - 2/28/2024 16:27 If you own land and can rent it out you will file April 15. If you crop share the land with the tenant you are still a farmer who files March 1 If you don’t estimate. If you have been farming your own land or have been paying cash rent and you retire and rent the land you own out on a crop share lease you get into another expensive tangle if you carry over income from the previous year. I just got caught up in this $$$$$.. It involves self employment tax.


Mumbo jumbo........

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