|
central ohio | I got an insurance check in 2012 that I deferred to 2013. Wasn't for pp so not sure if same rules apply. You have to prove that you usually sell a majority percentage of your crop in the following year not harvest year. Not sure on the percentage would have to look that up. You also have to defer all of it not just some of it. Don't have access to my "Farmer's Tax Guide" from IRS. It has basic rules in it I believe. | |
|