Guidance for Special Types of Businesses
Rules for Businesses in Certain Industries/Market Segment Specialization Program Guides
(MSSP)/Market Segment Understandings (MSU)
              Farming
               Special Estimated Tax for Farmers 
              
When you must pay estimated tax and file your return depends on
whether you receive at least two-thirds of your total gross income from farming in the
current or prior year. Gross income is not the same as total income, shown on line 22 of
Form 1040.
            Gross 
              Income
            Gross 
              Income From Farming
            Percentage 
              From Farming
            Figure 
              2-A Estimated Tax for Farmers
Important References:
                                              
            Publication 
              225     Farmer's 
              Tax Guide
              Publication 
              505     Tax Withholding and Estimated Tax
              Form 
              1040 ES       Estimated Tax For 
              Individuals
              Form 
              2210-F          
              Underpayment of Estimated Tax by Farmers and Fishermen