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
} ]
}
}