{"id":503,"date":"2019-10-31T18:59:39","date_gmt":"2019-10-31T18:59:39","guid":{"rendered":"http:\/\/extension.wsu.edu\/regionalsmallfarms\/?page_id=503"},"modified":"2025-03-03T09:12:31","modified_gmt":"2025-03-03T17:12:31","slug":"farm-taxes","status":"publish","type":"page","link":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/agriculture\/business-of-farming\/farm-taxes\/","title":{"rendered":"Farm Taxes"},"content":{"rendered":"<div class=\"wsu-row wsu-row--single\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<p>Like any business, farmers are liable for paying a variety of taxes. These are determined by variables such as whether or not you own your own land, have hired employees, sell non-food items, and where and how you sell your farm products. There are also specific farm exemptions from paying taxes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Resources specific to farmers and farm business taxes<\/h2>\n\n\n\n<p><a href=\"https:\/\/dor.wa.gov\/doing-business\/business-types\/industry-guides\/agriculture-tax-guide\">Agriculture Tax Guide &#8211; Department of Revenue:<\/a> This guide helps farmers and those who sell goods or services to farmers understand how state taxes apply to Washington&#8217;s agricultural industry.<\/p>\n\n\n\n<p><a href=\"https:\/\/dor.wa.gov\/find-taxes-rates\/tax-incentives\/incentive-programs#1127\">Tax Incentives for Farmers &#8211; Washington State Dept. of Revenue:<\/a> Many businesses may qualify for several tax incentives offered by Washington. These incentives include deferrals, reduced B&amp;O rates, exemptions, and credits. Visit the Dept. of Revenue to find out if your farm business qualifies.<\/p>\n\n\n\n<p><a href=\"https:\/\/agr.wa.gov\/departments\/business-and-marketing-support\/small-farm\/the-green-book\/running-a-successful-farm-business\">Washington State Department of Agriculture <\/a>&#8211; Download their farm taxes fact sheet, and view full WSDA resources on the subject.<\/p>\n\n\n\n<p><a href=\"https:\/\/extension.psu.edu\/understanding-your-federal-farm-income-taxes\">PennState Extension &#8211; Understanding Your Federal Farm Income Taxes <\/a>&#8211; As a farmer it is important for you to have a basic understanding on how federal income taxes affect your business. This handout provides a clear and in-depth overview of federal farm income tax.<\/p>\n\n<\/div>\r\n\n<\/div>\n\n<div class=\"wsu-row wsu-row--single\" >\r\n    \n<div class=\"wsu-column\"  style=\"\">\r\n\t\n\n<p><em>Information found on this page is for general educational purposes only and is not intended to take the place of professional advice from lawyers and Certified Public Accountants.<\/em><\/p>\n\n<\/div>\r\n\n<\/div>\n        <div id=\"cahnrs-back-to-top\" class=\"cahnrs-back-to-top\" hidden aria-hidden=\"true\">\n            <a id=\"cahnrs-back-to-top-btn\" class=\"cahnrs-back-to-top__btn\" href=\"#product-top\" aria-label=\"Back to top\">\n                <span class=\"cahnrs-back-to-top__icon\" aria-hidden=\"true\">\u2191<\/span>\n                <span class=\"cahnrs-back-to-top__label\">Back to top<\/span>\n            <\/a>\n        <\/div>","protected":false},"excerpt":{"rendered":"<p>Like any business, farmers are liable for paying a variety of taxes. These are determined by variables such as whether or not you own your own land, have hired employees, sell non-food items, and where&amp;hellip;<\/p>\n","protected":false},"author":0,"featured_media":841,"parent":73,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_expiration_date":""},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/pages\/503"}],"collection":[{"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/types\/page"}],"replies":[{"embeddable":true,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/comments?post=503"}],"version-history":[{"count":6,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/pages\/503\/revisions"}],"predecessor-version":[{"id":3300,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/pages\/503\/revisions\/3300"}],"up":[{"embeddable":true,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/pages\/73"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/media\/841"}],"wp:attachment":[{"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/media?parent=503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/categories?post=503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/extension.wsu.edu\/regionalsmallfarms\/wp-json\/wp\/v2\/tags?post=503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}