These handouts are distributed at the Iowa Farm and Urban Income Tax Schools. They include a 16-page compilation of summary charts containing the most crucial information required for 2014 returns prepared in 2015. The additional materials handout includes a 1099 worksheet for the farm, qualified farmer determination worksheet, payment in kind wages, de minimums safe harbor election instructions, a sample amendment to a flexible spending account (use-it-or-lose it), and several helpful worksheets for elder care issues.
CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.