Tax Documents
FarmIncomeStatement
FDX / Data Structures / FarmIncomeStatement
Farm Income Statement, Farm Income Statement for IRS Form 1040 Schedule F
Extends and inherits all fields from Tax
FarmIncomeStatement Properties
# | Id | Type | Description |
---|---|---|---|
1 | cropOrActivity | string | Box A, Principal crop or activity |
2 | sales | number (double) | Box 1a, Sales of livestock and other resale items |
3 | costOfItemsSold | number (double) | Box 1b, Cost or other basis of livestock or other items |
4 | salesOfRaised | number (double) | Box 2, Sales of livestock, produce, grains, and other products you raised |
5 | coopDistributions | number (double) | Box 3a, Cooperative distributions |
6 | agProgramPayments | number (double) | Box 4a, Agricultural program payments |
7 | cccLoans | number (double) | Box 5a, Commodity Credit Corporation (CCC) loans reported under election |
8 | cropInsuranceProceeds | number (double) | Box 6a, Crop insurance proceeds and federal crop disaster payments |
9 | customHireIncome | number (double) | Box 7, Custom hire (machine work) income |
10 | otherIncome | Array of DescriptionAmount | Box 8, Other income |
11 | carAndTruck | number (double) | Box 10, Car and truck expenses |
12 | chemicals | number (double) | Box 11, Chemicals |
13 | conservation | number (double) | Box 12, Conservation expenses |
14 | customHireExpenses | number (double) | Box 13, Custom hire (machine work) |
15 | depreciation | number (double) | Box 14, Depreciation |
16 | employeeBenefitPrograms | number (double) | Box 15, Employee benefit programs |
17 | feed | number (double) | Box 16, Feed |
18 | fertilizers | number (double) | Box 17, Fertilizers and lime |
19 | freight | number (double) | Box 18, Freight and trucking |
20 | fuel | number (double) | Box 19, Gasoline, fuel, and oil |
21 | insurance | number (double) | Box 20, Insurance (other than health) |
22 | mortgageInterest | number (double) | Box 21a, Mortgage Interest |
23 | otherInterest | number (double) | Box 21b, Other interest |
24 | laborHired | number (double) | Box 22, Labor hired |
25 | pension | number (double) | Box 23, Pension and profit-sharing plans |
26 | equipmentRent | number (double) | Box 24a, Rent or lease: Vehicles, machinery, equipment |
27 | otherRent | number (double) | Box 24b, Rent or lease: Other |
28 | repairs | number (double) | Box 25, Repairs and maintenance |
29 | seeds | number (double) | Box 26, Seeds and plants |
30 | storage | number (double) | Box 27, Storage and warehousing |
31 | supplies | number (double) | Box 28, Supplies |
32 | taxes | number (double) | Box 29, Taxes |
33 | utilities | number (double) | Box 30, Utilities |
34 | veterinary | number (double) | Box 31, Veterinary, breeding, and medicine |
35 | otherExpenses | Array of DescriptionAmount | Box 32, Other expenses |
36 | capitalExpenditures | Array of DateAmount | Capital expenditures, for use in calculating Depreciation |
FarmIncomeStatement Usage:
- TaxData farmIncomeStatement
FDX Data Structure as JSON
{ "farmIncomeStatement" : { "taxYear" : 0, "corrected" : true, "accountId" : "", "taxFormId" : "", "taxFormDate" : "2020-07-01", "description" : "string", "additionalInformation" : "string", "taxFormType" : "BusinessIncomeStatement", "attributes" : [ { "name" : "string", "value" : "string", "boxNumber" : "string", "code" : "string" } ], "error" : { "code" : "string", "message" : "string" }, "cropOrActivity" : "string", "sales" : 0.0, "costOfItemsSold" : 0.0, "salesOfRaised" : 0.0, "coopDistributions" : 0.0, "agProgramPayments" : 0.0, "cccLoans" : 0.0, "cropInsuranceProceeds" : 0.0, "customHireIncome" : 0.0, "otherIncome" : [ { "description" : "string", "amount" : 0.0 } ], "carAndTruck" : 0.0, "chemicals" : 0.0, "conservation" : 0.0, "customHireExpenses" : 0.0, "depreciation" : 0.0, "employeeBenefitPrograms" : 0.0, "feed" : 0.0, "fertilizers" : 0.0, "freight" : 0.0, "fuel" : 0.0, "insurance" : 0.0, "mortgageInterest" : 0.0, "otherInterest" : 0.0, "laborHired" : 0.0, "pension" : 0.0, "equipmentRent" : 0.0, "otherRent" : 0.0, "repairs" : 0.0, "seeds" : 0.0, "storage" : 0.0, "supplies" : 0.0, "taxes" : 0.0, "utilities" : 0.0, "veterinary" : 0.0, "otherExpenses" : [ { "description" : "string", "amount" : 0.0 } ], "capitalExpenditures" : [ { "date" : "2020-07-01", "description" : "string", "amount" : 0.0 } ] } }
Example Form JSON
{ "farmIncomeStatement" : { "taxYear" : 2022, "taxFormDate" : "2020-12-31", "taxFormType" : "FarmIncomeStatement", "cropOrActivity" : "Milk", "sales" : 26584.0, "costOfItemsSold" : 6523.0, "salesOfRaised" : 163018.0, "coopDistributions" : 33.0, "agProgramPayments" : 438.0, "cccLoans" : 665.0, "customHireIncome" : 1258.0, "otherIncome" : [ { "description" : "Fuel tax credit", "amount" : 567.0 } ], "carAndTruck" : 4043.0, "chemicals" : 2701.0, "conservation" : 1040.0, "customHireExpenses" : 1575.0, "feed" : 18019.0, "fertilizers" : 6544.0, "freight" : 5105.0, "fuel" : 3521.0, "insurance" : 1070.0, "mortgageInterest" : 3175.0, "otherInterest" : 1043.0, "laborHired" : 16416.0, "otherRent" : 2400.0, "repairs" : 5424.0, "seeds" : 2132.0, "supplies" : 2807.0, "taxes" : 3201.0, "utilities" : 3997.0, "veterinary" : 3217.0, "otherExpenses" : [ { "description" : "Milk assessment", "amount" : 807.0 }, { "description" : "Commissions", "amount" : 347.0 }, { "description" : "Office supplies", "amount" : 287.0 } ] } }