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Ask the Taxman by Andy Biebl
Andy Biebl DTN Tax Columnist
Fri Mar 15, 2013 09:14 AM CDT

DTN Tax Columnist Andy Biebl is a CPA and tax partner with the accounting firm of CliftonLarsonAllen in Minneapolis, Minn., and a national authority on agricultural taxation. To pose questions for upcoming columns, email AskAndy@dtn.com. Andy's two-hour webinar, "Pass It On!," guides families through model estate tax and succession plans. To subscribe, go to http://www.dtn.com/…

Question:

We sold corn to a neighbor who baled it due to the drought. Because we normally sell our corn in the following year, can we defer the income until 2013 from this corn sale in 2012, or do we need to report that ...

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