The slide in crop prices (and farm income) in 1998 in many areas of the country has activated two provisions in the 1996 farm bill which are likely to be involved in reporting 1998 farm income. These two provisions, marketing assistance loans [Id.] and loan deficiency payments need to be applied in light of other provisions in existing tax law.
"Reporting Government Payments,"
Agricultural Law Digest: Vol. 9
, Article 1.
Available at: http://lib.dr.iastate.edu/aglawdigest/vol9/iss20/1