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Revised version of "Ag Income Tax Update for Farm Families" is now available

By Rob Holcomb

A revised version of Ag Income Tax Update for Farm Families is now posted on the University of Minnesota Extension website.

This revised version addresses farm tax issues that will impact producers for the 2017 income tax year. The recently passed tax reform has a very limited effect on a producer’s 2017 tax return. I’ve confined the discussion in this document to what matters for 2017. I will address the components of the new tax reform legislation later in the spring.

Please feel free to contact me via email if you have any questions. My email address is:

I wish everyone a safe and prosperous new year!
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