Determining the proper federal income tax treatment for government farm program payments for 1998, and figuring out all of the options—are not easy tasks. It's easily the most complex situation in years. Taxpayers may have received one or more of ten items either in the form of federal payments or items subject to special treatment for income tax purposes.
"Reporting 1998 Government Farm Program Payments,"
Agricultural Law Digest: Vol. 10
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol10/iss1/1