Software of the Month Club 1995 March/SOFM_Mar1995.bin/pc/sri/windows/accb/taxforms/ff2.txt

Text File | 1995-01-27 | 7KB | 524 lines

F3 C
F6 S
F4 N
F8 Y
FA ~
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+ F3 - A \ + F3 - C \ ? F3
+ F6 - Y \ + F6 - S \ + F6 - B \ ? F6
+ F4 - N \ + F4 - Y \ ? F4
+ F8 - Y \ + F8 - N \ ? F8
+ FSTD + FSTX ^ FSA
+ FSAP + FSAX ^ FSB
+ FSCF + FSCX ^ FSC
+ FSLV + FSTX + FSAX + FSCC + FSCX + FSRR + FSCU + FSOT ^ FSD
+ FSIB + FSCL ^ FSE
+ FSE - FSIE ^ FSF
+ FSD - FSF ^ FSG
^ TP1
+ F4 - Y = + FSIE - FSE > + 1 ^ TP1
+ TP1 > + FSIE - FSE ^ FSF
+ TP1 > + FSD + FSF ^ FSG
+ FSSB - FSCT ^ FSH
+ FSRR + FSRX ^ FSI
+ FSH + FSLV + FSTX + FSAX + FSCC + FSCX + FSRX + FSDF + FSCU + FSOT ^ FSJ
+ F3 - A = + FSG ^ FSJ
+ FSCA + FSCH + FSCE + FSCS + FSDP + FSEB + FSFD + FSFR + FSFT ^ FSK
+ FSK + FSGF + FSIN + FSIM + FSIO + FSLB + FSPN + FSRM + FSRO + FSRP ^ FSK
+ FSK + FSSD + FSST + FSSP + FSTA + FSUT + FSVT + FSOE ^ FSK
+ FSJ - FSK ^ FSL
+ F8 - N = + FSL > + FSL ^ VHA
+ F8 - N = + FSL < - FSL ^ VHB
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S Is this business owned by Yourself 'Y'` Spouse 'S' or Both 'B'? <F6>
B F6
R ~9
^
S Accounting method; Cash 'C' or Accrual 'A'. <F3>
B F3
R ~29
^
S Did you materially participate in the operation of this business?  (Y/N) <F8>
B F8
^
R -80
^
S PART I - FARM INCOME - CASH METHOD
R ~46
^
S ~1  Sales of livestock and other items you
R ~8
S !   !
R ~10
S !///!
R ~10
^
R ~4
S bought for resale
R .23
S [FSSB]! 1 !
C FSSB
S !
R /3
S !
R ~10
^
S ~2  Cost or other basis of livestock and other
R ~4
S !   !
R ~10
S !///!
R ~10
^
R ~4
S items reported on line 1
R .16
S [FSCT]! 2 !
C FSCT
S !
R /3
S !
R ~10
^
S ~3  Subtract line 2 from 1
R .39
S ! 3 !
T FSH
^
S ~4  Sales of livestock` produce` grains` and other products
R ~6
S !///!
R ~10
^
R ~4
S you raised
R .45
S [FSLV]! 4 !
C FSLV
^
S ~5a Total cooperative
R ~44
S !///!
R ~10
^
R ~4
S distributions..[FSTD/X]! 5a!
T FSA
S ! 5b Taxable amt.[FSTX]! 5b!
C FSTX
^
S ~6a Agricultural program
R ~41
S !///!
R ~10
^
R ~4
S payments
R .7
S [FSAP/X]! 6a!
T FSB
S ! 6b Taxable amt.[FSAX]! 6b!
C FSAX
^
S ~7  Commodity Credit Corporation (CCC) loans
R ~21
S !///!
R ~10
^
S ~~a CCC loans reported under election
R .22
S [FSCC]! 7a!
C FSCC
^
S ~~b CCC loans forfeited or repaid with
R ~27
S !///!
R ~10
^
R ~4
S certificates...[FSCF/X]! 7b!
T FSC
S ! 7c Taxable amt.[FSCX]! 7c!
C FSCX
^
S ~8  Crop insurance proceeds and certain disaster payments
R ~8
S !///!
R ~10
^
S ~~a Amount rec
R .5
S [FSRR/X]! 8a!
T FSI
S ! 8b Taxable amt.[FSRX]! 8b!
C FSRX
^
S ~~d Amount deferred from last year
R .25
S [FSDF]! 8d!
C FSDF
^
S ~9  Custom hire (machine work) income
R .22
S [FSCU]! 9 !
C FSCU
^
S 10  Other income` including gasoline or fuel tax credit
R .4
S [FSOT]!10 !
C FSOT
^
S 11  Gross income. Add lines 3 through 10. If accrual method`
R ~5
S !///!
R ~10
^
R ~4
S enter the amount from page 2 line 51
R .25
S !11 !
T FSJ
^
R -80
^
S PART II - FARM EXPENSES - CASH AND ACCURAL METHOD
R ~31
^
S 12 Car & truck exp
R .4
S [FSCA]!
C FSCA
S ! 25 Pension and profit-
R ~6
S !
R ~10
^
S 13 Chemicals
R .10
S [FSCH]!
C FSCH
S !
R ~4
S sharing plans
R .6
S [FSPN]!
C FSPN
^
S 14 Conservation exp...[FSCE]!
C FSCE
S ! 26 Rent or lease
R ~12
S !
R ~10
^
S 15 Custom hire
R .8
S [FSCS]!
C FSCS
S !~~a Machinery & equip..[FSRM]!
C FSRM
^
S 16 Depreciation and section !
R ~10
S !~~b Other (land etc.)..[FSRO]!
C FSRO
^
S ~~~179 deduction
R .6
S [FSDP]!
C FSDP
S ! 27 Repairs and
R ~14
S !
R ~10
^
S 17 Employee benefit programs!
R ~10
S !
R ~4
S maintenance
R .8
S [FSRP]!
C FSRP
^
S ~~~other than line 25.[FSEB]!
C FSEB
S ! 28 Seeds and plants
R ~9
S !
R ~10
^
S 18 Feed purchased
R .5
S [FSFD]!
C FSFD
S !
R ~4
S purchased
R .10
S [FSSD]!
C FSSD
^
S 19 Fertilizers & lime.[FSFR]!
C FSFR
S ! 29 Storage and
R ~14
S !
R ~10
^
S 20 Freight & trucking.[FSFT]!
C FSFT
S !
R ~4
S warehousing
R .8
S [FSST]!
C FSST
^
S 21 Gasoline/fuel/oil..[FSGF]!
C FSGF
S ! 30 Supplies purchased.[FSSP]!
C FSSP
^
S 22 Insurance (other
R ~9
S !
R ~10
S ! 31 Taxes
R .14
S [FSTA]!
C FSTA
^
S ~~~than health)
R .7
S [FSIN]!
C FSIN
S ! 32 Utilities
R .10
S [FSUT]!
C FSUT
^
S 23 Interest
R ~17
S !
R ~10
S ! 33 Veterinary fees
R .4
S [FSVT]!
C FSVT
^
S ~a Mortgage
R .11
S [FSIM]!
C FSIM
S ! 34 Other expenses
R .5
S [FSOE]!
C FSOE
^
S ~b Other
R .14
S [FSIO]!
C FSIO
S !
R ~40
^
S 24 Labor hired (less jobs
R ~14
S !
R ~40
^
R ~3
S credit)
R .12
S [FSLB]!
C FSLB
S !
R ~40
^
R -80
^
S 35  Total expenses. Add lines 12 through 34
R .22
S !35 !
T FSK
^
S 36  Net farm profit or (loss). Subtract line 35 from 11. Enter on!   !
R ~10
^
R ~4
S Form 1040` line 19 and Schedule SE` line 1.!
B FA
S !(FZ1/FS1/FV1)!36 !
T FSL
^
F
^
S PART III - FARM INCOME - ACCRUAL METHOD
R ~41
^
S 38  Sales of livestock` produce` grains and other products.[FSLV]!38 !
C FSLV
^
S 39a Total cooperative
R ~44
S !///!
R ~10
^
R ~4
S distributions.[FSTD/X]!39a!
T FSA
S !~39b Taxable amt.[FSTX]!39b!
C FSTX
^
S 40a Agricultural program
R ~41
S !///!
R ~10
^
R ~4
S payments
R .6
S [FSAP/X]!40a!
T FSB
S !~40b Taxable amt.[FSAX]!40b!
C FSAX
^
S 41  Commodity Credit Corporation (CCC) loans
R ~21
S !///!
R ~10
^
S ~~a CCC loans reported under election
R .22
S [FSCC]!41a!
C FSCC
^
S ~~b CCC loans forfeited or repaid with
R ~27
S !///!
R ~10
^
R ~4
S certificates..[FSCF/X]!41b!
T FSC
S ! 41c Taxable amt.[FSCX]!41c!
C FSCX
^
S 42  Crop insurance proceeds
R .32
S [FSRR]!42 !
C FSRR
^
S 43  Custom hire (machine work) income
R .22
S [FSCU]!43 !
C FSCU
^
S 44  Other income` including federal and state gasoline
R ~11
S !///!
R ~10
^
R ~4
S or fuel tax credit or refund
R .27
S [FSOT]!44 !
C FSOT
^
S 45  Add amounts in the right column for lines 38 through 44
R .6
S !45 !
T FSD
^
S 46  Inventory of livestock` produce` grains` and  !   !
R ~10
S !///!
R ~10
^
R ~4
S other products at beginning of year
R .5
S [FSIB]!46 !
C FSIB
S !
R /3
S !
R ~10
^
S 47  Cost of livestock` produce` grains` and other !   !
R ~10
S !///!
R ~10
^
R ~4
S products purchased during year
R .10
S [FSCL]!47 !
C FSCL
S !
R /3
S !
R ~10
^
S 48  Add lines 46 and 47
R .27
S !48 !
T FSE
S !
R /3
S !
R ~10
^
S 49  Inventory of livestock` produce` grains` and  !   !
R ~10
S !///!
R ~10
^
R ~4
S other products at end of year
R .11
S [FSIE]!49 !
C FSIE
S !
R /3
S !
R ~10
^
S 50  Cost of livestock` produce` grains` and other products sold. !///!
R ~10
^
R ~4
S Subtract line 49 from 48*
R .36
S !50 !
T FSF
^
S 51  Gross income. Subtract line 50 from 45. Enter the result on  !///!
R ~10
^
R ~4
S page 1` line 11.
R ~45
S !51 !
T FSG
^
R ~80
^
R ~4
S * If you use the unit-livestock-price method or the farm-price method
R ~7
^
R ~6
S of valuing inventory ('Y' or 'N' <F4>
B F4
S ) and the amount on line 49 is
R ~4
^
R ~6
S larger than the amount on line 48` subtract line 48 from line 49. Enter~~~
^
R ~6
S the result on line 50. Add lines 45 and 50. Enter the total on line 51.~~~
^
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