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Crop Insurance Payment
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Case IH farmer
Posted 10/23/2012 20:31 (#2657214 - in reply to #2657199)
Subject: Re: Crop Insurance Payment



IL
Bugkiller - 10/23/2012 17:22

Oops didn't read your post close enough you are right a revenue loss only is taxable in year it is paid



Whats the difference? I have a yield loss so I am in turn losing revenue no? Or is that just if the price is lower in the fall than it is in the spring and my yield is still over my APH than that would be a revenue loss?
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