Tax Implications of American Families Plan on Iowa Farmland Owners

August 17, 2021

Kristine Tidgren and Wendong Zhang

In this study conducted in conjunction with the Center for Agricultural and Rural Development, Kristine Tidgren and Wendong Zhang analyze Iowa farmland data, including estimated basis and fair market value, to estimate the impact of the proposed tax provisions in the American Families Plan on Iowa farmland owners during lifetime and at death and gift. The study reviews only potential impact arising from farmland holdings and does not provide an estimate of an owner's overall potential tax liability. Read it here.

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