@jwpearson2010 wrote:
We are registering our five acre home and land with the FDA for a farm number. Will that affect our taxes and tax bracket?
Farms is one tax area I know almost nothing about. I think that registering makes no difference. If you are a farm, the IRS wants you to pay farm taxes regardless of any state or federal registration requirements. But you might want to post a new question in the farm section of the board.
https://ttlc.intuit.com/community/business-taxes/discussion/02/206
