Here is a list of items needed in order to prepare your farming business income tax return:
| Sales of livestock and other resale items | |
| Sales of livestock, produce, grains, and other products you raised | |
| Cooperative distributions (Form 1099-PATR) | |
| Agricultural program payments received | |
| Other income | |
| EXPENSES: | |
| Chemicals | |
| Custom Hire (Machine Work) | |
| Feed | |
| Fertilizers and lime | |
| Gasoline, fuel, and oil | |
| Insurance (other than health) | |
| Interest paid | |
| Labor hired | |
| Rent or lease machinery and equipment | |
| Rent or lease land, animals, etc. | |
| Repairs and maintenance | |
| Seeds and plants | |
| Storage and warehousing | |
| Supplies | |
| Taxes | |
| Utilities | |
| Veterinary, breeding, and medicine | |
| Co-op Fees | |
| Other expenses (specify): | |
| New Vehicle or Equipment this year – Include description & date purchased | |
| Year Make & Model of Business Vehicle(s) | |
| Odometer reading 01/01 | |
| Odometer reading 12/31 | |
| Total Miles used for Business purposes | |
| Interest Paid on Business Vehicle(s) | |
| Gas, Vehicle Insurance, Registration, Repairs (not needed if using mileage method) | |