Discussion:Tobacco Buyout Payments

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Discussion Forum Index --> Tax Questions --> Tobacco Buyout Payments

Nanny4u2 (talk|edits) said:

3 April 2006
Please give guidance concerning lump sum tobacco buyout payments. Pub. 225 doesn't clarify the lump sum payment direction. The payment was issued originally on 1099-S and then the settlement amount is on a 1099-Misc. as Other income.

Sw (talk|edits) said:

4 April 2006
Discussion:USDA Tobacco Buyout Program see this discussion, the publication I mention explain this very well and was written for tax preparers. If you can't find the pub. throught this link email me and I will try to help. Sharon

Sw (talk|edits) said:

4 April 2006
Could not get the link to discussion to work, here the link to UK site. http://www.uky.edu/Ag/TobaccoEcon/taxinfo.html It the 5 article in the list. All the tobacco article have vaulable infomation but this one should answer your question.

Tdoyle (talk|edits) said:

4 April 2006
To add links to other discussions or other pages on TaxAlmanac, simply enter the name of the page and surround it with two square brackets, like this: "[[Page Name]]".

Dennis fixed the link above for you earlier today.

- Tim Doyle, TaxAlmanac Moderator 09:21, 4 April 2006 (CDT)

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