prepaid farm supplies
Defined in 1 place of the United States Code.
The term “prepaid farm supplies” means any amounts which are described in subsection (a) or (b) and would be allowable for a subsequent taxable year under the rules of subsections (a) and (b).
Source
- 1994–present26 U.S.C. § 464Internal Revenue Code · Limitations on deductions for certain farming · under this chapter