| Publication 225 |
2003 Tax Year |
Index
This is archived information that pertains only to the 2003 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.
A
- Abandonment, Abandonment
- Accounting method:
-
- Accrual, Accrual Method
- Cash, Cash Method
- Change in, Change in
Accounting Method
- Crop, Crop method.
- Farm inventory, Farm Inventory
- Accounting periods, Accounting Periods
- Accrual method of accounting, Accrual Method
- Adjusted basis for installment sale, Adjusted basis for installment sale purposes.
- Adjusted basis of assets, Adjusted Basis
- Agricultural activity codes, Schedule F, Important Reminders
- Agricultural program payments, Agricultural Program Payments
- Agricultural structure, defined, Agricultural structure.
- Alternative Depreciation System (ADS), Required use of ADS., ADS election.
- Alternative minimum tax, Form 6251
- Amortization:
-
- Going into business, Going Into Business
- Pollution control facilities, Pollution Control Facilities
- Reforestation expenses, Reforestation Costs
- Section 197 intangibles, Section 197 Intangibles
- Appeal rights, Appeals.
- Assessments:
-
- By conservation district, Assessment by Conservation District
- Depreciable property, Assessment for
Depreciable Property
- Assistance (see Tax help)
- Audits, Examinations (audits).
- Automobiles, depreciation, Additional limit for passenger automobiles.
B
- Bankruptcy, Bankruptcy.
- Barter income, Barter income.
- Basis of assets:
-
- Adjusted basis, Adjusted Basis
- Allocating to several assets, Allocating the Basis
- Changed to business use, Property changed to business or rental use.
- Constructing assets, Constructing assets.
- Cost, Cost Basis
- Decreases, Decreases to Basis
- Depreciation, What Is the Basis for Depreciation?
- Exchanges:
-
- Like-kind, Like-Kind Exchanges
- Nontaxable, Nontaxable Exchanges
- Partially nontaxable, Partially Nontaxable Exchange
- Taxable, Taxable Exchanges
- Gifts, Property Received
as a Gift
- Increases, Increases to Basis
- Inherited, Inherited Property
- Real property, Real Property
- Received for services, Property received for services.
- Transfer from spouse, Property Transferred
From a Spouse
- Uniform capitalization rules, Uniform Capitalization Rules
- Basis:
-
- Adjusted, Adjusted basis.
- Installment sale, Adjusted basis for installment sale purposes.
- Replacement property, Basis of replacement property.
- Below-market loans, Below-market loans.
- Books and records, Importance of Good Records
- Breeding fees, Breeding Fees
- Business income limit, section 179 deduction, Business Income Limit
- Business use of home, Business Use of Your Home
C
- Calendar year defined, Calendar year.
- Canceled debt, Cancellation of Debt
- Capital assets, Capital Assets
- Capital expenses, Capital Expenses
- Car expenses, Truck and Car Expenses
- Cash method of accounting, Cash Method
- Casualties and thefts:
-
- Adjustments to basis, Adjustments to basis.
- Casualty, defined, Casualty.
- Disaster area losses, Disaster Area Losses
- Leased property, Leased property.
- Livestock, Livestock or produce purchased for sale., Raised draft, breeding, dairy, or sporting animals.
- Reimbursement, Insurance and other reimbursements.
- Reporting gains and losses, Reporting Gains
and Losses
- Theft, defined, Theft.
- Change in accounting method, Change in
Accounting Method
- Chickens, purchased, Chickens, seeds, and young plants.
- Christmas trees, Christmas tree cultivation., Christmas trees.
- Claim for refund, Claims for refund.
- Club dues, Club dues and membership fees.
- Collection of tax, Collections.
- Comments, Comments and suggestions.
- Commodity Credit Corporation (CCC):
-
- Loans, Commodity Credit Corporation (CCC) Loans
- Market gain, Market Gain
- Commodity:
-
- Futures, Hedging
(Commodity Futures)
- Wages, Noncash wages.
- Compensation, Compensation.
- Computer, software, Computer software., Computer software.
- Condemnation, Casualties, Thefts, and Condemnations, Condemnation
- Conservation:
-
- Cost-sharing exclusion, Introduction
- District assessments, Assessment by Conservation District
- Expenses, Introduction
- Incentive payments, Introduction
- Plans, Conservation plan.
- Reserve Program (CRP), Conservation Reserve
Program (CRP)
- Constructing assets, Constructing assets.
- Constructive receipt of income, Constructive receipt.
- Contamination, Soil or other environmental contamination.
- Contract price, Contract price.
- Converted wetland, Converted Wetland and
Highly Erodible Cropland
- Cooperatives, income from, Income From Cooperatives
- Corporation, Corporation
- Cost-sharing exclusion, Cost-Sharing Exclusion (Improvements)
- Counter-cyclical payments, Direct payments and counter-cyclical payments., Payments under the Farm Security and Rural Investment Act of 2002
- Credits:
-
- Earned income (EIC), Important Changes
for 2003, Advance Payment of Earned Income Credit
- Employer-provided childcare, Employer-provided childcare credit.
- Employment, Employment Credits
- Fuel tax, Fuel tax credit and refund., How To Claim a
Credit or Refund, Claiming a Credit
- General business, General Business Credit
- Investment, Investment Credit
- Prior year minimum tax, Credit for Prior Year Minimum Tax
- Qualified electric vehicle, Credit for qualified electric vehicle.
- Social security and Medicare, Earning credits in 2003.
- Social security coverage, How to become insured under social security.
- State unemployment tax, Tax rate and credit.
- Crew leaders, Crew Leaders
- Crop:
-
- Destroyed, Standing crop destroyed by casualty.
- Insurance proceeds, Crop Insurance and Crop Disaster Payments
- Method of accounting, Crop method.
- Shares, Rents (Including Crop Shares)
- Unharvested, Cost of raising unharvested crops., Section 1231 transactions., Gain or loss.
- Cropland, highly erodible, Converted Wetland and
Highly Erodible Cropland
D
- Damage:
-
- Casualties and thefts, Casualties and Thefts
- Crop insurance, Crop Insurance and Crop Disaster Payments
- Tree seedlings, Tree Seedlings
- Debt:
-
- Bad, Nonbusiness bad debt.
- Canceled, Cancellation of Debt, Canceled debt excluded from income., Cancellation of debt., Canceled debt., Reduction for canceled debt.
- Nonrecourse, Amount realized on a nonrecourse debt.
- Qualified farm, Qualified Farm Debt
- Recourse, Amount realized on a recourse debt.
- Depletion, Depletion
- Depreciation allowable, Basis adjustment for depreciation allowed or allowable.
- Depreciation allowed, Basis adjustment for depreciation allowed or allowable.
- Depreciation:
-
- ADS election, ADS election.
- Conservation assets, Depreciable conservation assets.
- Deduction, Overview of Depreciation
- Electric vehicles, Electric vehicles.
- Incorrect amount deducted, How Do You Correct Depreciation Deductions?
- Limit for automobiles, Additional limit for passenger automobiles.
- Listed property, Additional Rules for Listed Property
- Raised livestock, Livestock.
- Recapture, When Do You Recapture
MACRS Depreciation?, Depreciation Recapture, Section 1250 Property
- Special depreciation allowance, Claiming the Special Depreciation Allowance
- Trucks and vans, Trucks and vans.
- When to file, Do You Have To File
Form 4562?
- Direct payments , Direct payments and counter-cyclical payments., Payments under the Farm Security and Rural Investment Act of 2002
- Disaster area losses, Disaster Area Losses
- Disaster payments, Crop Insurance and Crop Disaster Payments
- Disaster relief grants, Disaster relief grants.
- Disaster relief payments, Qualified disaster relief payments.
- Dispositions, Sale or other disposal of land during 9-year period., Gain on sale of farmland., Dispositions, Disposition, Introduction, Disposition of installment obligation.
E
- e-file, IRS e-file (Electronic Filing)
- Easement, Easements and rights-of-way., Easements.
- Election:
-
- ADS depreciation, Electing ADS., ADS election.
- Amortization:
-
- Business start-up costs, Going Into Business
- Pollution control facilities, Pollution Control Facilities
- Reforestation costs, Reforestation Costs
- Crop method, Election to use crop method.
- Cutting of timber, Election to treat cutting as a sale or exchange.
- Deducting conservation expenses, Choosing To Deduct
- Farming loss, Farming loss.
- MACRS exclusion, Election To Exclude Property From MACRS
- Not excluding cost-sharing payments, Choosing not to exclude payments.
- Out of installment method, Electing out.
- Postponing casualty gain, Postponing Gain
- Postponing reporting crop insurance proceeds, Choice to postpone reporting until the following year.
- S corporation status, S Corporation
- Section 179 deduction, How Do You Elect the Deduction?
- SIMPLE IRA period, Election period.
- Special valuation, estate, Special use valuation.
- Electric vehicles, Electric vehicles.
- Electronic:
-
- Deposit of taxes, Important Reminders, Important Reminder
- Filing, IRS e-file (Electronic Filing)
- Embryo transplants, Transplanted embryo.
- Employer identification number, Important Reminders, Taxpayer
Identification Number, Employer identification number (EIN).
- Environmental contamination, Soil or other environmental contamination.
- Estimated tax:
-
- Farm gross income, Gross Income From Farming
- Farmer due dates, Due Dates for
Qualified Farmers
- Fiscal year farmer, Fiscal year farmers.
- Gross income, Gross Income
- Penalties, Estimated Tax Penalty
for 2003
- Examinations (audits), Examinations (audits).
- Exchanges:
-
- Basis:
-
- Like-kind, Like-Kind Exchanges
- Nontaxable, Nontaxable Exchanges
- Partially nontaxable, Partially Nontaxable Exchange
- Taxable, Taxable Exchanges
- Like-kind, Like-Kind Exchanges
- Nontaxable, Like-Kind Exchanges
- Excise taxes:
-
- Credit, Claiming a Credit
- Diesel fuel, How To Buy
Diesel Fuel and
Kerosene Tax Free
- Farming purposes, Fuels Used in Farming
- Home use of fuels, Fuels Used for Household Use
- Off-highway uses, Fuels Used in
Off-Highway
Business Use
- Refund, Claiming a Refund
F
- Fair market value defined, Fair market value (FMV).
- Fair market value, defined, Fair market value (FMV).
- Family member:
-
- Business expenses, Special rule for related persons.
- Installment sale, Sale to a related person.
- Like-kind exchange, Like-kind exchanges between related persons.
- Loss on sale or exchange of property, Losses from sales or exchanges between related persons.
- Personal-use property, Personal-use property.
- Section 179 property, Property Acquired by Purchase
- Social security coverage, Family Employees
- Third party designee, Important Reminders
- Farm:
-
- Business expenses, Farm Business Expenses
- Business, defined, Business of Farming
- Defined, Farm defined., Farming business., Farm.
- Income averaging, Farm Income Averaging
- Rental, Farm rental.
- Sale of, Sale of a Farm
- Special usevaluation, Special use valuation.
- Farmer, Farmer.
- Federal unemployment tax (FUTA), Federal Unemployment
(FUTA) Tax
- Fertilizer, Fertilizer and Lime, Fertilizer and Lime
- Filing requirements, Filing Requirements
- Fiscal tax year, defined, Fiscal tax year.
- Foreclosure, Foreclosure or Repossession
- Form:
-
- 1040, Form 1040.
- 1040X, Carrybacks.
- 1040–ES, Form 1040–ES.
- 1045, Carrybacks., Quick refund.
- 1065, Form 1065., Form 1065.
- 1096, Form 1096.
- 1099–A, Form 1099–A., Forms 1099–A and 1099–C.
- 1099–C, Cancellation of Debt, Form 1099–C., Forms 1099–A and 1099–C.
- 1099–G, Market Gain, Payment to More Than One Person
- 1099–INT, Form 1099–INT.
- 1099–MISC, Important Reminders, Important Reminders, Form 1099–MISC., Nonemployee compensation.
- 1099–PATR, Form 1099–PATR.
- 1120, Form 1120., Form 1120 and Form 1120–A.
- 1120S, Form 1120S., S Corporation
- 1139, Quick refund.
- 2210, Form 2210.
- 2210–F, Estimated Tax Penalty
for 2003, Form 2210–F.
- 2290, Form 2290.
- 3115, Change in
Accounting Method, Approval required.
- 3468, Form 3468., How to take the investment credit.
- 3800, Form 3800., Who must file Form 3800?
- 4136, Form 4136., Claiming a Credit
- 4255, Form 4255., Form 4255.
- 4562, Form 4562., Do You Have To File
Form 4562?
- 4684, Form 4684.
- 4797, Form 4797., Form 4797., Recapture., Reporting the exchange.
- 4835, Form 4835., Rents (Including Crop Shares)
- 4868, Extension of Time To File Form 1040, Form 4868.
- 4952, Exception.
- 5213, Using the presumption later.
- 5304–SIMPLE, How To Set Up a SIMPLE IRA Plan
- 5305–S, Setting up a SIMPLE IRA.
- 5305–SA, Setting up a SIMPLE IRA.
- 5305–SEP, Form 5305–SEP.
- 5305–SIMPLE, How To Set Up a SIMPLE IRA Plan
- 6251, Form 6251., Form 6251
- 6252, Form 6252.
- 8109, Form 8109.
- 8594, Form 8594.
- 8801, Form 8801.
- 8822, Important Reminders, Form 8822.
- 8824, Form 8824., Reporting the exchange.
- 8832, Businesses formed after 1996.
- 8849, Claiming a Refund
- 8886, Important Reminders
- 940, Form 940.
- 943, Form 943., Form 943.
- 982, Form 982
- I–9, Form I–9.
- SS–4, Important Reminders, Taxpayer
Identification Number, Farm Employment
- SS–5, Taxpayer
Identification Number, Obtaining a social security number.
- T, Form T.
- W–2, Form W–2., Noncash wages., Form W–2., Tax Treatment of Contributions
- W–4, Important Reminders, New hire reporting., New Form W–4 for 2004.
- W–4V, Important Reminders, Commodity Credit Corporation (CCC) Loans, Crop Insurance and Crop Disaster Payments
- W–5, Advance Payment of Earned Income Credit
- W–7, Obtaining an individual taxpayer identification number.
- Free tax services, How To Get Tax Help
- Fuel tax credit or refund, Fuel tax credit and refund., How To Claim a
Credit or Refund
G
- Gains and losses:
-
- Basis of assets, Cost Basis
- Capital assets, defined, Capital Assets
- Casualty, How To Figure a Loss, Figuring a Gain
- Installment sales, Installment Sales
- Livestock, Livestock
- Long- or short-term, Long and Short Term
- Ordinary or capital, Ordinary or Capital
Gain or Loss
- Sale of farm, Sale of a Farm
- Section 1231, Section 1231
Gains and Losses
- Theft, How To Figure a Loss, Figuring a Gain
- Timber, Timber
- General asset accounts, How Do You Use General Asset Accounts?
- General business credit, General Business Credit
- Gifts, Crop shares you give to others (gift)., Cost related to gifts., Property Received
as a Gift, Gift., Gift.
- Going into business, Going Into Business
- Goodwill, Goodwill.
- Grants, disaster relief, Disaster relief grants.
- Gross profit percentage, Gross profit percentage.
- Gross profit, defined, Gross profit.
I
- Identification number, taxpayer, Taxpayer
Identification Number
- Illegal irrigation subsidy, Illegal federal irrigation subsidy.
- Improvements, Cost-Sharing Exclusion (Improvements), How Do You Treat Improvements?
- Income averaging (see Farm: Income averaging)
- Income:
-
- Accounting for, Accounting Methods
- Accrual method of accounting, Income
- Canceled debt excluded, Cancellation of Debt
- Community, Community income.
- From farming, Gross Income From Farming, Farm Income, Gross income from farming.
- Gross, Gross Income
- Not-for-profit farming, Not-for-Profit Farming
- Partner's distributive share, Partner's distributive share.
- Pasture, Pasture income and rental.
- Schedule F, Farm Income
- Tax forms used by farmers, Forms You May Need To File
- Withholding of tax, Income Tax Withholding
- Incorrect amount of depreciation deducted, How Do You Correct Depreciation Deductions?
- Individual retirement arrangements (IRAs), Individual Retirement Arrangement (IRA)
- Individual taxpayer identification number (ITIN), Obtaining an individual taxpayer identification number.
- Information returns, Information Returns
- Innocent spouse relief, Innocent spouse relief.
- Insolvency, Insolvency.
- Installment sales:, Form 6252.
-
- Electing out, Electing out.
- Farm, sale of, Installment Sale
of a Farm
- Figuring income, Figuring Installment Sale Income
- Reporting income, Form 6252.
- Unstated interest, Unstated interest.
- Insurance, Insurance, Self-employed health insurance deduction.
- Intangible property, Section 197 Intangibles
- Interest:
-
- Expense, Interest
- Income, Interest income.
- Unstated, Unstated interest.
- Inventory:
-
- Items included, Farm Inventory
- Methods of valuation, Inventory valuation methods.
- Investment credit, Investment Credit
- Involuntary conversions, Involuntary Conversions, Property acquired in an exchange or involuntary conversion., Introduction
- IRA, Individual Retirement Arrangement (IRA)
- Irrigation:
-
- Illegal subsidy, Illegal federal irrigation subsidy.
- Project, Irrigation Project
K
- Keogh plan (see Qualified retirement plan)
L
- Labor hired, Labor Hired
- Landlord participation, Landlord Participation
in Farming
- Lease or purchase, Lease or Purchase
- Life tenant (see Term interests)
- Like-kind exchanges, Like-Kind Exchanges, Like-Kind Exchanges
- Lime, Fertilizer and Lime
- Limits:
-
- At-risk, At-Risk Limits
- Business use of home, Deduction limit.
- Capital losses, Treatment of Capital Losses
- Conservation expenses, Assessment for
Depreciable Property, Limit on Deduction
- Depreciation:
-
- Business-use, What Is the Business-Use Requirement?
- Cars, Important Changes
for 2003
- For employees, Can Employees Claim a Deduction?, Do the Passenger Automobile Limits Apply?
- Trucks, Important Changes
for 2003
- Vans, Important Changes
for 2003
- Excluded farm debt, Exclusion limit.
- Farm losses, Losses From Operating a Farm
- General business credit, Credit limit.
- Loss of personal-use property, Deduction Limits on Losses of Personal-Use Property
- Not-for-profit farming, Not-for-Profit Farming
- Passive activity, Passive Activity Limits
- Percentage depletion, Taxable income limit.
- Prepaid farm supplies, Deduction limit.
- Reforestation costs, Reforestation Costs
- Section 179 deduction:
-
- Automobile, Additional limit for passenger automobiles.
- Business income, Business Income Limit
- Dollar, Dollar Limit
- Self-employment earnings subject to SE tax, Important Changes
for 2003
- SSA posting self-employment income, Social Security Administration (SSA) time limit for posting self-employment income.
- Time for deferred exchange, Deferred exchange.
- Time to keep records, How Long To Keep Records
- Listed property:
-
- Defined, What Is Listed Property?
- Limit on deduction for employees, Can Employees Claim a Deduction?
- Passenger automobile, Passenger automobiles.
- Recordkeeping, What Records Must Be Kept?
- Rules, Additional Rules for Listed Property
- Livestock:
-
- Casualty and theft losses, Livestock or produce purchased for sale.
- Crop shares, Crop shares you use to feed livestock.
- Depreciation, Livestock.
- Diseased, Diseased livestock.
- Feed assistance, Feed Assistance and Payments
- Immature, Immature livestock.
- Losses, Loss of livestock., Livestock
- Purchased, Purchased livestock.
- Raised, Raised livestock.
- Sale of, Sales of Farm Products, Livestock
- Unit-livestock-price, inventory valuation, Unit-livestock-price method.
- Used in a farm business, Livestock used in farm business.
- Weather-related sales, Sales Caused by Weather-Related Conditions, Weather-related sales of livestock.
- Loans, Commodity Credit Corporation (CCC) Loans, Loan expenses.
- Losses:
-
- At-risk limits, At-Risk Limits
- Casualty, Casualties, Thefts, and Condemnations
- Disaster areas, Disaster Area Losses
- Farming, Farming Losses
- Growing crops, Loss of growing plants, produce, and crops.
- Hobby farming, Not-for-Profit Farming
- Livestock, Livestock, Diseased livestock.
- Nondeductible, Other Nondeductible Items
- Theft, Casualties, Thefts, and Condemnations
- Lost property, Mislaid or lost property.
M
- MACRS property:
-
- Involuntary conversion, Property acquired in an exchange or involuntary conversion.
- Like-kind exchange, Property acquired in an exchange or involuntary conversion.
- Nontaxable transfer, Property acquired in a nontaxable transfer.
- Market gain, reporting, Market Gain
- Marketing quota penalties, Marketing Quota Penalties
- Material participation, Landlord Participation
in Farming
- Meals, Meals.
- Membership fees, Club dues and membership fees.
- Methods of accounting, Accounting Methods
- Minimum tax credit, Credit for Prior Year Minimum Tax
- Modified ACRS (MACRS):
-
- ADS election, ADS election.
- Conventions, Which Convention Applies?
- Depreciation methods, Which Depreciation Method Applies?
- Exchange, Property acquired in an exchange or involuntary conversion.
- Figuring the deduction, How Is the Depreciation Deduction Figured?
- Involuntary conversion, Property acquired in an exchange or involuntary conversion.
- Nontaxable transfer, Property acquired in a nontaxable transfer.
- Percentage tables, Rules for using the tables.
- Property classes, Which Property Class Applies Under GDS?
- Recovery periods, Which Recovery Period Applies?
- Money purchase pension plan, Money purchase pension plan.
- More information (see Tax help)
P
- Partner, limited, Limited partner.
- Partner:
-
- Earnings subject to SE tax, Partner.
- Partnership, Partnership, Partnership income or loss.
- Passenger automobile, Passenger automobiles.
- Pasture income, Pasture income and rental.
- Patronage dividends, Patronage Dividends
- Payments considered received, Payments Received or Considered Received
- Payments received, Payments Received or Considered Received
- Peanut quota buyout payments, Important Reminders, Important Reminder , Peanut Quota Buyout Program Payments
- Penalties:
-
- Estimated tax, Estimated Tax Penalty
for 2003
- Information returns, Penalties.
- Trust fund recovery, Trust fund recovery penalty.
- Per-unit retain certificates, Per-Unit Retain Certificates
- Personal expenses, Personal, Living, and Family Expenses
- Placed in service, Placed in Service, What Is the Placed-in-Service Date?
- Pollution control facilities, Pollution Control Facilities
- Postponing casualty gain, Postponing Gain
- Prepaid expense:
-
- Advance premiums, Advance premiums.
- Extends useful life, Prepayment.
- Farm supplies, Prepaid Farm Supplies
- Livestock feed, Prepaid Livestock Feed
- Prizes, Prizes.
- Produce, Sales of Farm Products
- Profit-sharing plans, Profit-sharing plan.
- Property:
-
- Changed to business use, Property changed to business or rental use.
- Improvements, How Do You Treat Improvements?
- Received for services, Property received for services.
- Section 1245, Defined.
- Section 1252, Section 1252 property.
- Section 1255, Section 1255 property.
- Tangible personal, Tangible personal property.
- Publications (see Tax help)
R
- Recapture:
-
- Amortization, Depreciation and amortization.
- Basis reductions, Recapture of basis reductions.
- Certain depreciation, Recapture of certain depreciation.
- Cost-sharing payments, Recapture.
- Depreciation, When Do You Recapture
MACRS Depreciation?, Depreciation Recapture, Depreciation recapture.
- Investment credit, Recapture of
Investment Credit
- Reforestation expenses, Recapture.
- Section 1245 property, Section 1245 Property
- Section 1250 property, Section 1250 Property
- Section 179 deduction, When Must You Recapture the Deduction?
- Recordkeeping, Importance of Good Records, Meals., Records You
Must Keep
- Reforestation expenses, Reforestation Costs
- Refund:
-
- Claim for, Claims for refund.
- Deduction taken, Refund or reimbursement.
- Fuel tax, Fuel tax credit and refund., Including the Credit
or Refund in Income
- Reimbursements:
-
- Casualties and thefts, Casualties and thefts., Casualties and Thefts, Insurance and other reimbursements.
- Deduction taken, Refund or reimbursement.
- Expenses, Reimbursed expenses.
- Feed assistance, Feed Assistance and Payments
- Real estate taxes, Real estate taxes.
- Reforestation expenses, Qualifying costs.
- To employees, Reimbursements to employees.
- Related persons, Special rule for related persons., Losses from sales or exchanges between related persons., Special rules for related persons., Property Acquired by Purchase, Like-kind exchanges between related persons., Sale to a related person., Buying replacement property from a related person., Related persons.
- Rental income, Rents (Including Crop Shares)
- Rented property, improvements, Improvements to rented property.
- Repairs, Repairs and Maintenance, Repairs.
- Repayment of income, Repayment of income.
- Replacement:
-
- Period, Replacement Period
- Property, Replacement Property
- Reportable transactions., Important Reminders
- Repossessions, Foreclosure or Repossession
- Residual method, sale of business, Residual method.
- Retirement plans:
-
- Defined benefit, Defined Benefit Plan
- Defined contribution, Defined Contribution Plan
- IRA, Individual Retirement Arrangement (IRA)
- Money purchase, Money purchase pension plan.
- Profit-sharing, Profit-sharing plan.
- Qualified, Qualified Plan
- Salary reduction arrangement, Salary Reduction
Simplified Employee
Pension (SARSEP)
- SEP, Simplified Employee
Pension (SEP)
- SIMPLE, SIMPLE
Retirement Plans
- Returns:
-
- Corporation, Corporation
- Dependent's, Dependent's return.
- Forms used by farmers, Forms You May Need To File
- Information, Information Returns
- Partnership, Form 1065.
- Penalties, Estimated Tax Penalty
for 2003, Penalties.
- Qualified farmer due dates, Due Dates for
Qualified Farmers
- Sample, Sample Return
- Self-employed, Self-employed.
- Right-of-way income, Easements and rights-of-way.
S
- S corporation, S Corporation
- Sale of home, Sale of your home.
- Section 179 deduction:
-
- How to elect, How Do You Elect the Deduction?
- Listed property, Additional Rules for Listed Property
- Qualifying property, What Property Qualifies?
- Recapture, When Must You Recapture the Deduction?
- Section 197 intangibles, Section 197 intangibles.
- Self-employed health insurance, Self-employed health insurance deduction.
- Self-employment tax:
-
- Community income, Community income.
- How to pay, How To Pay Self-Employment Tax
- Landlord participation, Landlord Participation
in Farming
- Material participation, Material participation.
- Optional method, Farm Optional Method
- Regular method, Regular Method
- Rental income, Landlord Participation
in Farming
- Share farming, Share farmer.
- Selling expenses, Selling expenses.
- Selling price:
-
- Defined, Selling price.
- Reduced, Selling Price Reduced
- SEP plans, Simplified Employee
Pension (SEP)
- Settlement costs (fees), Settlement costs.
- SIMPLE plans, Excludable employees., Compensation., Notification Requirement, Contribution Limits, Employer matching contributions., Nonelective contributions., When To Deduct Contributions, Distributions (Withdrawals)
- Social security and Medicare:
-
- Credits of coverage, Earning credits in 2003.
- Withholding of tax, Social Security
and Medicare Taxes
- Withholding statement, Form W–2.
- Social security number, Taxpayer
Identification Number, Obtaining a social security number.
- Software, computer, Computer software.
- Soil:
-
- Conservation, Conservation Expenses
- Contamination, Soil or other environmental contamination.
- Special depreciation allowance:
-
- How to elect not to claim, How Can You Elect Not To Claim the Allowance?
- Qualified property, What Is Qualified Property?
- Spouse, property transferred from, Property Transferred
From a Spouse
- Standard mileage rate, Standard mileage rate.
- Start-up costs for businesses, Business start-up costs.
- Suggestions, Comments and suggestions.
T
- Tangible personal property, Tangible personal property.
- Tax help, How To Get Tax Help
- Tax preparation fees, Tax preparation fees.
- Tax shelter:
-
- At-risk limits, At-Risk Limits
- Defined, Tax shelter.
- Tax-free exchanges, Like-Kind Exchanges
- Taxes:
-
- Excise, Excise Taxes
- Federal use, Highway use tax.
- General, Taxes
- Self-employment, Self-Employment Tax
- State and federal, State and federal income taxes.
- State and local general sales, State and local general sales taxes.
- Withholding, Important Reminders, Backup withholding., Federal income tax withholding., Social Security
and Medicare Taxes, Income Tax Withholding
- Taxpayer Advocate, Help with unresolved tax problems., Contacting your Taxpayer Advocate.
- Taxpayer rights, Declaration of Taxpayer Rights
- Telephone expense, Telephone expense.
- Tenant house expenses, Tenant House Expenses
- Term interests, Certain term interests in property.
- Theft losses, Casualties, Thefts, and Condemnations
- Timber, Timber., Timber depletion., Timber
- Tobacco settlement payments, National Tobacco Growers' Settlement Trust Fund Payments
- Trade-in, Sale and Purchase
- Travel expenses, Travel Expenses
- Truck expenses, Truck and Car Expenses
- Trucks and vans, Trucks and vans.
- Trust fund recovery penalty, Trust fund recovery penalty.
- TTY/TDD information, How To Get Tax Help
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