June 29, 2020

Beginning Farmer Tax Credit Application Deadline Aug. 1

Please remember that the 2020 Beginning Farmer Tax Credit (BFTC) applications are due Saturday, August 1, 2020. The BFTC Application can be found on the Beginning Farmer Resource page under the Beginning Farmer Tax Credit section. PROGRAM REQUIREMENTS Applicants must be a resident of Iowa and 18 years of age. Have a net worth of no more than $682,000. Have sufficient education, training or experience for the anticipated farm operations. Have access to adequate working capital, equipment and other items that are necessary to operate the farm. Be the owner/operator. There is no restriction on off-farm income.

Please contact the Iowa Agricultural Development Division Team with questions.