Your Name(required)
	Your Email address (required)
	Taxpayer Social Security No
	Who is the proprietor of the farm?	Taxpayer Spouse
	Principal Product - describe in 1 or 2 words
	Enter Principal Activity Code
	Employer ID No (EIN), if any

What accounting method was used? Cash (Skip lines 38-49) Accrual (Skip lines 1-10)

Did you "materially participate" in the operation of this business during 2007? Yes No

	Farm Income - Cash Method
	1	Sales of livestock and other items bought for resale
	2	Cost or other basis of livestock and other items sold
	4	Sales of livestock and crops you raised
	5a	Total coop distr (1099PATR)			5b	Taxable amount
	6a	Agricultural program pmts			6b	Taxable amount
		Commodity Credit Corporation (CCC) loans
	7a	CCC loans reported under election
	b	CCC loans forfeited			7c	Taxable amount
	8	Crop insurance proceeds and certain disaster payments
	a	Amount received in 2007			8b	Taxable amount
	c	Check to defer to 2008?			8d	Amount deferred from 2006
	9	Custom hire (machine work) income
	10	Other income, including federal and state fuel tax credit
	Farm Expenses - Cash and Accrual Method
	12	Car and truck expenses			25	Pension & profit-sharing plans
	13	Chemicals			26	Rent or lease
	14	Conservation expenses			a	Vehicles, mach, & equip
	15	Custom hire			b	Other rent (land, animals,etc)
	16	Depreciation and section			27	Repairs and maintenance
		179 expense deduction not			28	Seeds and plants purchased
		claimed elsewhere			29	Storage and warehousing
	17	Employee benefit programs			30	Supplies
		other than on line 25			31	Taxes
	18	Feed purchased			32	Utilities
	19	Fertilizers and lime			33	Veterinary
	20	Freight and trucking			34	Other expenses (specify):
	21	Gasoline, fuel, and oil			a
	22	Insurance (other than health)			b
	23	Interest:			c
	a	Mortgage			d
	b	Other interest			e
	24	Labor hired (less empl credits)			f
	Is your investment in this activity? All at risk Some at risk
	Farm Income - Accrual Method
	38	Sales of livestock, produce, grains, & other products during the year
	39a	Total coop distributions			39b	Taxable amount
	40a	Agricultural program pmts			40b	Taxable amount
	41	Commodity Credit Corporation (CCC) loans:
	a	CCC loans reported under election
	b	CCC loans forfeited			41c	Taxable amount
	42	Crop insurance proceeds
	43	Custom hire (machine work) income
	44	Other income, including Federal and state gasoline or fuel tax credit or refund
	46	Beginning of year inventory of livestock/farm products
	47	Purchases of livestock/farm products
	49	End of year inventory of livestock/farm products