The IRS announced today in Issue Number IR-2013-7 today that due to the extended processing time for many tax forms including form 4562 (Depreciation), that the deadline for any farmer and fisherman has been extended April 15, 2013 from March 1, 2013.
To take advantage of the extended due date, the farmer will file out form 2210-F (which they normally already due when filing on March 1) and check the waiver box and attach it to the tax return. Nothing else will be required.
It would have been nice to make this announcement before the farmer estimated tax payment was due three days ago, but it is better to make the announcement now than to wait until near the March 1 deadline.
Much kudos to the National Farm Bureau for all of their support and Senator Grassley writing his letter. Without their help, this most likely would have taken longer.
Paul Neiffer
Categories: Farm Industry Trends, Farm Leadership, Farm Taxes
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January 21st, 2013 at 8:37 am
[...] Paul Neiffer, IRS Announces April 15 Farmer Deadline [...]
January 22nd, 2013 at 8:12 am
How will this affect state income tax filing deadlines?
January 22nd, 2013 at 3:37 pm
The states generally follow the federal rules on this, but you do need to check your particular state.