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08/22/2011 02:50 PM EDT
NEWS - Farm Service Agency
Public Affairs Staff
Room 308
200 4th St SW Fed Bldg
Huron, SD 57350
Public Affairs Staff
Room 308
200 4th St SW Fed Bldg
Huron, SD 57350
For immediate release
ADJUSTED GROSS INCOME COMPLIANCE REQUIREMENTS
HURON, SD, Aug. 22, 2011 - USDA Farm Service Agency (FSA) State Executive Director Craig Schaunaman reminds producers of the importance of Adjusted Gross Income compliance when participating in USDA programs. Participating individuals and legal entities that do not file a form authorizing the "Consent to Disclosure of Tax Information," will not be eligible to receive program benefits.
"The Internal Revenue Service (IRS) provided USDA with a report identifying which producers did not file the appropriate form authorizing the consent to disclose tax information for the 2009 and 2010 calendar years," said Schaunaman. "Program participants that did not complete the appropriate paperwork will receive written notification from USDA in September 2011," he said.
Individuals and legal entities will have 30 calendar days from the date of the letter to file a valid Consent to Disclosure of Tax Information for Adjusted Gross Income verification purposes. Failure to file the disclosure will result in a determination of program ineligibility and result in a full refund of 2009 and/or 2010 payments subject to AGI limitations.
Producers who are in receipt of this notification will be provided a copy of the form that shall be completed and forwarded directly to the IRS. Questions regarding this process should be directed to the applicable local FSA office.
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USDA is an equal opportunity provider, employer and lender. To file a complaint of discrimination, write to USDA, Assistant Secretary for Civil Rights, Office of the Assistant Secretary for Civil Rights, 1400 Independence Avenue, S.W., Stop 9410, Washington, DC 20250-9410, or call toll-free at (866) 632-9992 (English) or (800) 877-8339 (TDD) or (866) 377-8642 (English Federal-relay) or (800) 845-6136 (Spanish Federal-relay). USDA is an equal opportunity provider and employer.
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