Item D - Step 1: Complete Worksheet C. 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 2018, 2019, and 2020. Complete lines 1 through 7 on page 4 to determine if you meet the eligibility requirement.
|1. Enter the amount from your 2020 Worksheet C, line 26.||1__________|
|2. Enter the amount from your 2019 Worksheet C, line 26.*||2__________|
|3. Enter the amount from your 2018 Worksheet C, line 26.**||3__________|
|4. Add lines 1, 2, and 3||4__________|
|5. Divide line 4 by three||5__________|
|6. Enter the amount from your 2020 Worksheet C, line 19.||6__________|
|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 E||7__________|