Oct 31, 2025 · Learn how farmers can properly claim tax deductions for excess soil nutrients under IRS Section 180 with proper documentation and expert guidance.

Oct 22, 2023 · With recent land purchases, some are asking questions to learn more about IRS Section 180 and how it may provide tax deductions in the year of purchase. Let’s explore more about this tax …

Although farmers have been taking a limited deduction for the residual fertilizer purchased along with their farmland for many years, a push to extend and expand this practice beyond the traditional …

Nov 21, 2025 · Learn how IRS Section 180 allows farmers to immediately deduct soil and land improvement costs, bypassing standard capitalization rules.

Jul 8, 2025 · Recent attention has been given to farmland and ranchland buyers using Section 180 of the IRS code to depreciate excess fertility on newly purchased or inherited farms and ranches.

Feb 17, 2025 · What Is the Section 180 Deduction? Find out how to claim the deduction including soil testing and evaluation - Farm Accounting

One of the most overlooked farm deductions is found in IRS Section 180. This provision allows taxpayers engaged in farming to deduct certain fertility expenditures that would otherwise need to be …

For purposes of subsection (a), the term “ land used in farming ” means land used (before or simultaneously with the expenditures described in subsection (a)) by the taxpayer or his tenant for …

4 days ago · IRS Section 180 allows taxpayers who farm to immediately deduct expenditures for inputs including fertilizer and lime, rather than capitalizing them.

Oct 8, 2024 · The Section 180 tax deduction can help save farmers money when buying new land by being able to deduct the current level of soil fertility as an asset.