Transcription of GEORGIA AGRICULTURAL TAX EXEMPTION PROGRAM
{{id}} {{{paragraph}}}
GEORGIA AGRICULTURAL . TAX EXEMPTION PROGRAM . PROGRAM CHANGES FOR 2019. New Changes (HB 886) Old Regulations (HB 983). Income $5,000- can be aggregated across multiple crops $2,500 per NAICS code Qualification or NAICS codes Allowed if sufficient volumes exist to generate at Limited to timber, orchard crops, pecans, Long-term least $5,000 in aggregate crops on an annual blueberries, blackberries, olives, and AGRICULTURAL Production basis; Livestock has also been added to this list. horticulture Tax Previous tax forms are still required and must The following tax forms must be filed Documentation demonstrate income of $5,000 from combined and verify an annual income of $2,500: crops, or provide agriculture commissioner with IRS Schedule F IRS Form 4835. enough documentation to determine a IRS Schedule E IRS Form 4797. discretionary approval. Satisfactory IRS Form 1065.
GEORGIA AGRICULTURAL TAX EXEMPTION PROGRAM PROGRAM CHANGES FOR 2019 New Changes (HB 886) Old Regulations (HB 983) Income Qualification $5,000- …
Domain:
Source:
Link to this page:
Please notify us if you found a problem with this document:
{{id}} {{{paragraph}}}