Agricultural Economics Department

 

Title

Using Nebraska's Beginning Farmer Tax Credit Program

Date of this Version

2-4-2009

Abstract

Many farm or ranch families that are attempting to bring a son or daughter back into their business experience a strain on the cash flow. Recent changes to Nebraska's Beginning Farmer Tax Credit Program provide an attractive incentive that can be very beneficial to those families. Regulation changes made in 2008 now allow parents to rent agricultural assets to their own children.