Weather Forecast


Tax planning needed for farmers receiving crop insurance payments

Email News Alerts

With the probability of crop losses due to weather, farmers may be receiving crop insurance indemnity payments. Any crop insurance proceeds you receive need to be included as income on your tax return. You generally include that income in the year received.


Crop insurance includes the crop disaster payments received from the federal government as the result of destruction or damage to crops, or the inability to plant crops, because of drought, flood, or any other natural disaster.

Are you a newspaper subscriber but you don't have a Digital Access account yet? You can activate your account here: Activate All Access.

You will need your subscription account number and phone number. Not sure if you have an account? Email us at and we can help you.