Farm Investors Hit

Tax Court Strikes Blow to CRP Contracts

More than 27 million acres of farmland are under Conservation Reserve Program contracts now. Unlike cash rent, CRP rents constitute an "environmentally-friendly business" so are subject to self-employment taxes, the Tax Court ruled this week. (Graphic courtesy of FSA)
More than 27 million acres of farmland are under Conservation Reserve Program contracts now. Unlike cash rent, CRP rents constitute an "environmentally-friendly business" so are subject to self-employment taxes, the Tax Court ruled this week. (Graphic courtesy of FSA)
A court ruling socks nonfarm landowners with self-employment taxes on Conservation Reserve Program payments for the first time.

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