Wednesday, 3 August 2011

USDA Announces Last Call for Producers to File AGI Forms with the IRS

You are subscribed to ND - Press Releases for USDA Farm Service Agency.

This information has recently been updated, and is now available. Having trouble viewing this email? View it as a Web page. http://content.govdelivery.com/bulletins/gd/USFSA-e04dd

08/03/2011 04:49 PM EDT

FOR IMMEDIATE RELEASE
Release 2011.17
Contact: Dan Janes (701) 893-2243

USDA Announces Last Call for Producers to File AGI Forms with the IRS

FARGO, N.D. – (August 3, 2011) – North Dakota USDA Farm Service Agency State Executive Director Aaron Krauter reminds producers that they must submit an Adjusted Gross Income (AGI) verification consent form (CCC-927 or CCC-928) to the IRS as soon as possible in order to maintain eligibility for 2009 and 2010 program benefits.

The consent form authorizes IRS to verify for FSA whether a payment recipient’s AGI meets the eligibility requirements for FSA programs. The form became a requirement for payment eligibility beginning with the 2009 crop year, however many program participants have not yet submitted this form for 2009 and 2010 program benefits.

"Producers who fail to file these forms before September 2011 will receive a notice from the National Office stating that the producer is ineligible for 2009 and/or 2010 payments," said Krauter. “The producer will be responsible for fully refunding all payments received under programs subject to AGI limitations," he said.

IRS requires written consent from all individuals or legal entities before verification of the average AGI can be provided to USDA. Individuals must submit form CCC-927and legal entities must submit form CCC-928. Without these forms on file, eligible producers will not receive USDA program payments.

Krauter further clarifies that these consent forms are required for payments received from the Natural Resources Conservation Service (NRCS) as well as those received through FSA. Completed forms must be returned to the IRS.

For more information on AGI eligibility requirements or the AGI verification process, contact your local County FSA office.

###

USDA is an equal opportunity employer and provider.
This email was sent to ahmedalaa214.ahmed@blogger.com using GovDelivery, on behalf of: USDA Farm Service Agency · 1400 Independence Ave., S.W. · Washington, DC 20250 · 800-439-1420 Powered by GovDelivery

No comments:

Post a Comment