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qualifying gross revenue

Defined in 1 place of the United States Code.

For purposes of this section, the term “qualifying gross revenue” means—

(1) if a majority of the person's annual income is received from farming and ranching operations, the gross revenue from the person's farming and ranching operations; and

(2) if less than a majority of the person's annual income is received from farming and ranching operations, the person's gross revenue from all sources.

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