arnieg53
New Member

The new Tax Law allows farmers deductions for sales to farm cooperatives. Big arguments on if it is 20% or gross or net. I don't see this handled in Premier TuboTax.

Not sure this article is accurate about the 20% tax deduction available to farmers selling through coops.   Big difference between 20% off gross vs. 20% off net.

https://www.washingtonpost.com/business/economy/democrats-balk-as-republicans-try-to-use-must-pass-s...