[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-10941":3},{"rec_id":4,"title":5,"text":6},"10941","How do I calculate the Iowa Custom Farming Contract Tax Credit?","A Custom Farming Contract Tax Credit was available for landowners who hired a beginning farmer to do custom work during 2015-2017.\r\n\u003Cbr>\u003Cbr>\r\nA tax credit certificate was issued by the Iowa Agricultural Development Division of the Iowa Finance Authority that includes the tax credit certificate number. Any tax credit in excess of tax liability can be carried forward and applied against tax liability for the following ten years or until depleted, whichever is earlier.\r\n\u003Cbr>\u003Cbr>\r\nIf the tax credit was issued to a partnership, limited liability company, S corporation, estate, or trust, the tax credit shall be claimed by the individual based on the pro rata share of the income of the entity.",1777391511002]