Agricultural Tax Preparation · $1,200 USD
File Your Farm Taxes With Every Applicable Provision Actually Applied
Farming operations have access to tax provisions that general practitioners often overlook or misapply. Fieldtally prepares agricultural tax returns with the specific knowledge that crop income, prepaid supplies, and equipment depreciation each require — so nothing useful is left on the table.
What This Service Delivers
A Complete, Accurate Farm Tax Return — Prepared by Someone Who Understands Agriculture
When the season ends and the numbers are in, filing your tax return should feel like closing a chapter cleanly — not a scramble to explain your operation to someone who keeps asking why your income looks irregular. Fieldtally handles the full preparation, review, and electronic filing of your agricultural tax return, covering every schedule relevant to how you farm.
All Relevant Schedules Filed
Every form specific to farming operations is included — nothing is left out because it was unfamiliar or complicated.
Farm Provisions Applied
Income averaging, prepaid supply deductions, self-employment considerations — reviewed and applied where they fit your situation.
Electronic Filing Included
Your return is prepared, reviewed with you, and filed electronically. You receive confirmation once it's done.
The Challenge With Farm Taxes
Standard Tax Preparers Often Miss What's Specific to Farming
The tax rules that apply to farming operations are genuinely distinct. Income averaging allows a farmer with a strong year to spread that income back over previous years to reduce the overall rate. Prepaid farm supplies — purchased before year-end to cover next season's inputs — have their own deductibility rules. Equipment and structures depreciate differently under agricultural classifications. Livestock held for breeding is treated differently from livestock raised for sale.
Most general tax practitioners know these provisions exist. Fewer of them handle enough farm returns to apply them accurately and confidently year after year. The result is often a return that's technically filed but not optimally prepared — or one that creates questions during review because the farm-specific categories weren't handled consistently.
Situations that come up regularly in agricultural tax work:
- Irregular income from grain storage, contract growing, or deferred commodity sales that needs to be reported correctly
- Prepaid seed and fertilizer purchased late in the year where deductibility depends on specific conditions
- Equipment purchases — new or used — where depreciation method and timing affect this year's tax position significantly
- Self-employment tax treatment for sole proprietors and farm partnerships where classification matters
Our Approach
Agricultural Tax Preparation Done Thoroughly, From Records to Filing
Fieldtally's tax preparation process begins well before filing season. We review your year's records — whether kept with us or elsewhere — and identify everything that needs to be addressed in the return. We work through each applicable area methodically, prepare all required schedules, and review the completed return with you before submitting anything.
Full Records Review
We go through your year's income and expense records to understand what happened in your operation and how it needs to be reflected in the return.
Deduction & Credit Review
We check your records against applicable agricultural deductions and credits — the ones farming operations can use that often get missed in standard preparation.
Income Averaging Analysis
Where income averaging is available, we run the comparison to determine whether applying it reduces your overall tax liability for the year.
Schedules & Electronic Filing
All required farm schedules are prepared and attached. Once you've reviewed and approved the return, we handle electronic submission and confirmation.
This service is designed for individual farmers, farm partnerships, and small agricultural businesses. It covers sole proprietor farm schedules and partnerships with agricultural income. If your situation involves corporate farm structures or multi-entity arrangements, we discuss that in the initial conversation to confirm scope.
The Preparation Process
From Your Records to a Filed Return
The process is organized to keep your involvement manageable. You share what you have, we do the preparation work, you review the draft, and we file. No unexpected gaps or mid-process surprises.
Records Gathering
We send you a straightforward list of what we need — income records, expense documentation, prior year return if applicable, asset additions for the year. You share what you have in whatever format works for you.
Preparation & Review
We prepare the return, run through applicable farming provisions, apply depreciation schedules, and check the figures. If anything in your records raises a question, we come back to you with a clear, specific ask — not a long list of concerns.
Your Review
We walk you through the completed draft — what was included, why, and what the final tax position looks like. You ask questions until you're comfortable. Nothing is filed without your sign-off.
Filing & Confirmation
We file electronically and confirm receipt. You receive copies of everything filed — organized and ready to reference if questions come up later.
Service Investment
One Annual Fee for a Complete Agricultural Tax Return
Agricultural Tax Preparation
$1,200 USD / annual return
What's included:
- Full agricultural income tax return preparation
- All required farm schedules prepared and included
- Income averaging analysis and application where applicable
- Prepaid farm supply deductibility review
- Agricultural equipment and structure depreciation schedules
- Self-employment tax calculation and treatment
- Completed return review with you before filing
- Electronic filing and confirmation receipt
- Organized copies of all filed documents for your records
If your farm also uses our monthly recordkeeping service, your year-end figures arrive already organized — which typically makes the tax preparation process more straightforward. The two services can be used together or independently depending on how your operation is currently set up.
What Thoroughness Looks Like
Agricultural Tax Preparation Is a Detailed Discipline
The difference between a farm return prepared thoroughly and one prepared generically often shows up in the detail — not in the headline numbers but in the treatment of individual items that accumulate into a meaningful difference over time. Fieldtally approaches each return as a working document, not a form-filling exercise.
What we check in every return:
- → Consistency of income classification with prior years
- → Depreciation schedule continuity for farm assets
- → All prepaid supply items reviewed for deductibility
- → Income averaging eligibility and comparison run
Timeline expectations:
- — Records review and initial questions: 3–5 business days after receipt
- — Draft return delivered: typically within 2 weeks of complete records
- — Filing after your review and sign-off: same week
- — Earlier timelines possible with advance scheduling
"We've found that the questions farmers ask most often — about prepaid inputs, about whether to buy equipment before year-end, about how a strong harvest year affects their filing — are questions that benefit from being answered by someone who handles farm returns regularly, not occasionally."
— Fieldtally Advisory Team, February 2025
Our Commitment to You
You Review It Before Anything Is Filed
We work through the return carefully, and we bring you into the process before it's finalized. If something in the draft doesn't match your understanding of your own operation, we want to know — and we'll work through it with you until the return accurately reflects what happened in your farming year.
Nothing Filed Without Your Approval
The completed draft is reviewed with you before submission. You have the opportunity to ask questions about any line item.
Revisions Included
If additional documentation comes in after the initial draft, or something needs to be adjusted based on your review, we update the return before filing.
Initial Consultation First
Before any engagement begins, we discuss your situation to confirm this service fits your operation and covers what you need. No surprises about scope.
Your Questions Are Expected
We work with farmers who want to understand their own tax return, not just receive it. Questions about how and why things were handled are part of the process.
Getting Started
Start Before Filing Season Gets Busy
The most straightforward time to begin is before filing season peaks. Reaching out earlier gives us time for a proper initial conversation and means your return isn't competing with a backlog when preparation begins.
Reach out through our contact form
Let us know you're interested in tax preparation and share a few details about your operation type. Individual, partnership, what kinds of income you have — whatever you know off the top of your head.
We confirm scope and timing
We respond within one business day. If your situation falls within what this service covers, we confirm scope and schedule. If not, we'll tell you directly.
Share your records when ready
Once engaged, you share your year's records. We handle the preparation and keep you informed as things progress. No chasing or repeated follow-ups on your end.
Get In Touch
Your Farm Return, Handled by Someone Who Knows Agricultural Tax
Use our contact form to get the conversation started. We'll discuss your situation, confirm scope, and take it from there — at a pace that works for your farming calendar.
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Other Ways Fieldtally Can Help
These services work independently or alongside tax preparation.
Monthly Service
Farm Financial Recordkeeping
Year-round bookkeeping built around your production calendar. Monthly reports that track crop income, input costs, livestock, and equipment — organized for tax time and ongoing decisions.
$700 USD/month
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Crop & Livestock Inventory Accounting
Proper valuation and recordkeeping for raised crops, purchased livestock, and stored commodities — with year-end schedules that align with tax reporting and financial statements.
$1,000 USD
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