Questions & Answers

What is the Farmer's School Tax Credit Worksheet C requirement?

Item D - Step 1: Complete Worksheet C on page 6. Do not include any payments from the Farmland Protection Program, which is administered by the New York State Department of Agriculture and Markets, in Worksheet C. If the percentage shown on Worksheet C, line 28 is at least 0.6667 (66.67%), mark an X in the Yes box in Item D and continue with Item E. If the percentage shown is less than 0.6667 (66.67%), continue with Step 2.

Step 2: If the percentage shown in Step 1 is less than 0.6667 (66.67%), you may meet the eligibility requirement using your average federal gross income from farming for tax years 2017, 2018, and 2019. Complete lines 1 through 7 on page 4 to determine if you meet the eligibility requirement.

1. Enter the amount from your 2019 Worksheet C or Worksheet D, line 26, whichever is applicable1__________
2. Enter the amount from your 2018 Worksheet C or Worksheet D, line 26, whichever is applicable.*2__________
3. Enter the amount from your 2017 Worksheet C or Worksheet D, line 26, whichever is applicable.**3__________
4. Add lines 1, 2, and 34__________
5. Divide line 4 by three5__________
6. Enter the amount from your 2019 Worksheet C or Worksheet D, line 19, whichever is applicable6__________
7. Divide line 5 by line 6, and round the result to the fourth decimal place. If the percentage is at least 0.6667 (66.67%), mark an X in the Yes box in Item D and continue with Item E7__________

* If you did not retain your 2018 Worksheet C or Worksheet D complete Worksheet C-1 or Worksheet D-1 contained in these instructions, whichever is applicable, and enter the amount from line 7 on line 2 above. If you did not have any income from farming for tax year 2018, enter 0 on line 2 above.

** If you did not retain your 2017 Worksheet C or Worksheet D complete Worksheet C-2 or Worksheet D-2 contained in these instructions, whichever is applicable, and enter the amount from line 7 on line 3 above. If you did not have any income from farming for tax year 2017, enter 0 on line 3 above.

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