Sample Tax Returns

The information on these forms and explanations is not from any actual farming operation. However, these sample return use actual 2011 Income Tax forms to show you how to prepare your income tax return.

Click on the links below to get to the returns.

  • Small Northeast Family Dairy Farm.   This tax return illustrates an example with the 2011 income higher than in the past.  The taxpayer is able to reduce the tax liability by using farm income averaging.

  • Mary Gold, Beginning Farmer.  The Mary Gold case study describes how a young person may return to the commodity family farm and begin a farming operation with mom's and dad's help.  The sample income tax return provides a model, using the case study facts, of how a young, beginning farmer's income tax return should be.

  • The Hopefull Family.  The Hopefull family receive an inheritance which is the event that allows them to acquire a small farm and begin to operate and develop a high-value and added-value farming operation.  Several income tax situations are illustrated that commonly may impact a tax return of a young family.  The case study facts regarding four enterprises provides for an interesting outcome for this first year of farming.