farming business
Defined in 4 places of the United States Code.
The term “farming business” has the meaning given such term by section 263A(e)(4).
Source
- 1997–present26 U.S.C. § 1301Internal Revenue Code · Averaging of farm income · in this section
The term “farming business” has the meaning given such term in section 263A(e)(4).
Source
- 2008–present26 U.S.C. § 461Internal Revenue Code · General rule for taxable year of deduction · in this section
The term “farming business” includes the raising, harvesting, or growing of trees to which section 263A(c)(5) applies.
Source
- 1994–present26 U.S.C. § 448Internal Revenue Code · Limitation on use of cash method of accounting · for purposes of this section
The term “farming business” means the trade or business of farming.
Source
- 1994–present26 U.S.C. § 263AInternal Revenue Code · Capitalization and inclusion in inventory costs of certain expenses · for purposes of this section
The term “farming business” means the trade or business of farming (within the meaning of section 263A(e)(4)).
Source
- 1994–present26 U.S.C. § 448Internal Revenue Code · Limitation on use of cash method of accounting · for purposes of this section
the term “farming business” shall include any trade or business of the taxpayer of the processing of such commodity (without regard to whether the processing is incidental to the growing, raising, or harvesting of such commodity), and
Source
- 2008–present26 U.S.C. § 461Internal Revenue Code · General rule for taxable year of deduction · in this section
The term “farming business” shall include the trade or business of—
(i) operating a nursery or sod farm, or
(ii) the raising or harvesting of trees bearing fruit, nuts, or other crops, or ornamental trees.
Source
- 2013–present26 U.S.C. § 263AInternal Revenue Code · Capitalization and inclusion in inventory costs of certain expenses · for purposes of this section
The term "farming business" shall include the trade or business of—
(i) operating a nursery or sod farm, or
(ii) the raising or harvesting of trees bearing fruit, nuts, or other crops, or ornamental trees.
For purposes of clause (ii), an evergreen tree which is more than 6 years old at the time severed from the roots shall not be treated as an ornamental tree.
Source
- 1994–202226 U.S.C. § 263AInternal Revenue Code · Capitalization and inclusion in inventory costs of certain expenses · for purposes of this section