2019 AgriStability and AgriInvest Program - Corporation/Co-operative and Special Individual Harmonized Guide

Prepare the form: • in the name of the individual, noting “Estate” in the name and address area • report the income/expenses on the individual’s final 2019 tax return(s) or optional return, such as a return of rights and things Attach a copy of the individual’s death certificate and the probated will (or letters of Administration) to the AgriStability and AgriInvest Additional Information and Adju. [...] Summary of income From the “Income” section of the form, enter totals A and B from the last lines of the two columns in the “Summary of income” table. [...] If you file your income tax on the accrual basis, you do not need to complete the following parts of this form: • the End of year price for the Crop inventory valuation and productive capacity, and Livestock inventory valuation sections • the Purchased inputs, Deferred income and receivables, and Account payable sections Read the instructions in each section for further details. [...] This part of the form is used to: • measure the change in your crop and forage inventory from the ending amount you reported in 2018 to the ending amount in the 2019 program year • show that you have completed a production cycle • adjust your reference margins, if you had a structural change 28 AgriStability and AgriInvest Program Guide To help you fill in this section, refer to your: • crop produ. [...] You enter your 2/3 share of both the acreage and the production: • 200 acres • 200 tonnes of wheat Your landlord enters his 1/3 share of both the acreage and the production: • 100 acres • 100 tonnes of wheat Commodity pools If you sold commodities into a pool, enter the full value of your commodity even if you only received a portion of the payment in your 2019 fiscal period.