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Post by Mark (EC,IN) on Sept 14, 2012 18:40:39 GMT -5
I'm wondering if there's any reason to mess with putting any beans in the bin this fall.
We have a negative carry into July on the board....buyer will only give me .06 cent to hold till Jan, and I think I can live with $17+.
Your Thoughts?
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Post by 4430 on Sept 14, 2012 19:19:41 GMT -5
I'd guess it would depend on how you do your tax planning.
I sell my crops the following year so I don't want nor need anymore sales this year.
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Post by Mark (EC,IN) on Sept 14, 2012 20:03:14 GMT -5
I'd guess it would depend on how you do your tax planning. I sell my crops the following year so I don't want nor need anymore sales this year. My tax man said (I already asked) I could average income or something.........he said it wouldn't be a problem. Also I doubt I get insurance money till 2013 anyway...that would equal what I'd sell next year..
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Post by 4430 on Sept 15, 2012 5:27:21 GMT -5
I'd guess it would depend on how you do your tax planning. I sell my crops the following year so I don't want nor need anymore sales this year. My tax man said (I already asked) I could average income or something.........he said it wouldn't be a problem. Also I doubt I get insurance money till 2013 anyway...that would equal what I'd sell next year.. In that case it'd be a flip of a coin ;D One plus for not binning would be no clean out scooping ;D
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Post by MarlandS on Sept 20, 2012 22:45:52 GMT -5
Be considerate of your local custom grain vac operator .
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Post by 420 on Sept 21, 2012 10:30:39 GMT -5
Yes, marland sucks, so he need your help.
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