CRP After You Retire

Does your CRP check still owe self-employment tax?
Course #: FN-069
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Field Note Description

If you have ground in the Conservation Reserve Program and you’ve started Social Security, the tax on those payments may have quietly changed. This Field Note explains why CRP money carries self-employment tax while you’re actively farming, the law that switches it off once your benefits begin — even if you’re still farming — and exactly what to tell your tax preparer so the change actually lands on your return.