Conservation Reserve Program Payments : Self-Employment Income, Rental Income, or Something Else.

Outlines history of the conservation reserve program (CRP) under which owners and operators of eligible land may convert it to less intensive use under an approved conservation plan, in return for an annual payment, as established by P.L. 99-198, the Food Security Act of 1985. Discusses changing IRS...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2008.
Series:	U.S. Congressional Research.
Subjects:	United States. > Laws, etc. (Statutes of the United States) Judge-made law. Taxation. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Outlines history of the conservation reserve program (CRP) under which owners and operators of eligible land may convert it to less intensive use under an approved conservation plan, in return for an annual payment, as established by P.L. 99-198, the Food Security Act of 1985. Discusses changing IRS tax treatment of payment, pertinent case law, and other provisions of the Internal Revenue Code. Considers several possible tax policy approaches to CRP payments.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.