Iowa Dept. of Rev. Doc. No. 11201011 (Mar. 22, 2011)

(taxpayer owned share of farmland and claimed capital gain deduction when land sold; land held in CRP for 10 years before sale; 701 IA Admin. Code 40.38 specifies that active management of CRP land by seeding, mowing or overseeing such activities constitutes material participation for purposes of IA capital gain deduction; taxpayer entitled to deduction).