TN 30 (04-24)

RS 01802.090 Agricultural Enterprise

A. Definition

Any trade or business in which the major part of the services in the taxable year would be agricultural labor if the enterprise were carried on exclusively by employees.

NOTE: After 1954 this determination is needed solely for the purpose of the use of the farm option for figuring NESE.

B. Operating Policy

If more than half of the total time working in the trade or business during the taxable year is spent on work that would constitute agricultural labor, the enterprise is agricultural.

Include time spent by the owner, the employees, and members of the family who work in the business, regardless of who is their employer or whether their work would be covered employment.

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RS 01802.090 - Agricultural Enterprise - 04/15/2024
Batch run: 04/15/2024