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John W. McCauley, USDA Farm Service Agency State Executive Director announced that calendar year 2012 brings several changes to the way FSA reports a producer’s farm program payments to the producer and to IRS.
In past years, IRS Forms 1099-G would be issued to show all program payments received from the Farm Service Agency, regardless of the amount.
“Starting with calendar year 2012, producers whose total reportable payments from FSA are less than $600 will not receive IRS Form 1099-G (Report of Payments to Producers),” said McCauley.
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