Rural Tax Education

Rural Tax
Education

As Administered by the National Farm Income Tax Extension Committee

Big Beautiful Bill Information
The "One Big Beautiful Bill Act" was signed into law on July 4, 2025. In addition to its many other sections, this so-called “mega bill” enacts many provisions typically authorized and funded through a farm bill.

Learn more in these articles:

2025 Farm Income Tax Estimator Tool Now Available

Farmers, ranchers and other agricultural producers and Extension educators will find resources for agriculturally related income and self-employment tax information that is both current and easy to understand.

Tax issues are important for agricultural operations because income and self-employment taxes are a major cost and also because more and more USDA programs are being linked to a producer’s federal income tax return.

For more great information and resources, check out https://www.farmers.gov/working-with-us/taxes and https://agftap.org/

Tax Topics


Explore essential tax topics tailored for agricultural producers, including managing income taxes, disaster-related tax relief, and more to help maximize your farm’s financial health.

 
Webinars

Free Upcoming Webinar:
Understanding Farm Income Averaging (Schedule J)
March 26 at 2:00PM ET

In this webinar, we will provide an introduction to 
Schedule J (Form 1040) Income Averaging for Individuals with Income From Farming or Fishing. Income averaging can be a very useful tool for agricultural producers, potentially allowing them to moderate the income tax impact of high income years. We will illustrate the concept of income averaging as well as discuss some of the nuances of completing Schedule J.

Previous Webinars:

Depreciation Tax Law Changes for 2025 and 2026
Recording coming soon



Additional Previous Webinars
 

Rural Tax Resources

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Contact Us

Email: info@ruraltax.org
In your email, please provide us with detailed information about your inquiry and which state/region you are contacting us from so that we can connect you with the correct contact.

National Farm Income Tax Extension Committee

Clemson Tax School
Colorado State University
Dyson Cornell SC Johnson College of Business
Iowa State University
Kansas State University
North Carolina University
Ohio State University
Oklahoma State University
Texas A&M University
University of Arizona
University of Florida
University of Illinois Tax School
University of Kentucky
University of Minnesota Extension
University of Nevada
University of Vermont
Utah State University Extension
This information is intended for educational purposes only. You are encouraged to seek the advice of your tax or legal advisor, or other authoritative sources, regarding the application of these general tax principles to your individual circumstances. Pursuant to Treasury Department (IRS) Circular 230 Regulations, any federal tax advice contained here is not intended or written to be used, and may not be used, for the purpose of avoiding tax-related penalties or promoting, marketing or recommending to another party any tax-related matters addressed herein.