IDEAS home Printed from https://ideas.repec.org/p/ags/uerssr/277926.html
   My bibliography  Save this paper

Land Improvement Tax Deductions: Use And Value To The Farm Sector

Author

Listed:
  • Daugherty, Arthur B.

Abstract

Of nearly 2.7 million farm sole proprietors filing tax returns in 1982, just 97,018 (4 percent) deducted soil and water conservation expenses and only 61,829 (2 percent) deducted land-clearing expenses. Each of these deductions averaged less than $1,100 per return on which they were claimed. Average tax savings were estimated to be from $177 to $246 for farmers claiming conservation expense deductions and from $220 to $280 for those deducting landclearing expenses. Although of considerable importance to individuals, these land improvement tax deductions were of minor importance to the farm sector, especially when contrasted to other tax provisions, such as the investment credit.

Suggested Citation

  • Daugherty, Arthur B., 1987. "Land Improvement Tax Deductions: Use And Value To The Farm Sector," Staff Reports 277926, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerssr:277926
    DOI: 10.22004/ag.econ.277926
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/277926/files/ers-report-281.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.277926?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Heimlich, Ralph E. & Daugherty, Arthur B., 1986. "The Land Improvement Tax Simulator (Lits): An Analytical Tool," Staff Reports 277913, United States Department of Agriculture, Economic Research Service.
    2. Durst, Ron & Rome, Wendy & Hrubovcak, James, 1981. "THE ECONOMIC RECOVERY TAX ACT OF 1981: Provisions of Significance to Agriculture," Staff Reports 276720, United States Department of Agriculture, Economic Research Service.
    3. Simunek, Richard & Somwaru, Agapi & Suddendorf, Sandra & Lucier, Gary, 1985. "The National Income and Product Accounts: Estimating Farm Income by Type of Farm," Technical Bulletins 157007, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nielsen, Elizabeth G. & Miranowski, John A. & Morehart, Mitchell J, 1989. "Investments in Soil Conservation and Land Improvements: Factors Explaining Farmers' Decisions," Agricultural Economic Reports 308064, United States Department of Agriculture, Economic Research Service.
    2. Heimlich, Ralph E. & Wiebe, Keith D. & Claassen, Roger & Gadsby, Dwight M. & House, Robert M., 1998. "Wetlands and Agriculture: Private Interests and Public Benefits," Agricultural Economic Reports 34043, United States Department of Agriculture, Economic Research Service.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Baum, Kenneth H. & McElroy, Robert G. & Frick, George, 1984. "A Farm Level Perspective Of Several Dairy Policy And Program Proposals," 1984 Annual Meeting, August 5-8, Ithaca, New York 278921, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Michael Boehlje & Hoy Carman, 1982. "Tax Policy: Implications for Producers and the Agricultural Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(5), pages 1030-1038.
    3. Hardesty, Sermin D. & Carman, Hoy F., 1982. "Orchard Investment And The Economic Recovery Tax Act Of 1981," Working Papers 225698, University of California, Davis, Department of Agricultural and Resource Economics.

    More about this item

    Keywords

    Land Economics/Use; Political Economy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:uerssr:277926. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ersgvus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.