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Agriculture Today


Producers must file ‘Adjusted Gross Income’ forms




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July 27, 2011 | 3,057 views | Post a comment

Wilson County U.S. Department of Agriculture Farm Service Agency Executive Director Stephen Svacina reminds producers that, in order to receive U.S. Department of Agriculture program payments, each payment recipient must have an Adjusted Gross Income verification consent form on file with the Internal Revenue Service (IRS).
The consent form authorizes the IRS to verify for the Farm Service Agency whether a payment recipient’s Adjusted Gross Income meets the eligibility requirements for Farm Service Agency programs. The form became a requirement for payment eligibility beginning with the 2009 crop year; however, many program participants have not complied with this requirement.
“IRS and USDA [U.S. Department of Agriculture] reports show that, nationwide, FSA [Farm Service Agency] is still missing the required consent forms from many producers for 2009 and 2010,” Svacina said. “In order to avoid an interruption of program payments, producers need to check their business records and turn these forms in to the IRS immediately if they have not done so already,” he said.
The IRS requires written consent from all individuals or legal entities before verification of the average Adjusted Gross Income can be provided to the USDA. Individuals must submit form CCC-927 and legal entities must submit form CCC-928. Without these forms on file, producers will not receive USDA program payments.
Svacina further clarifies that these consent forms are required for payments received from the Natural Resources Conservation Service as well as those received through the Farm Service Agency. Completed forms must be returned to the IRS.
For more information on Adjusted Gross Income eligibility requirements or the verification process, call the Wilson County Farm Service Agency office at 830-393-3411.
 

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