When you must pay estimated tax and file your tax return depend on how much of your gross income comes from farming.
Gross income is discussed next.
If you receive at least two-thirds of your total gross income from farming in the current or prior year, special estimated tax and return due dates apply to you. See the discussion under Due Dates for Qualified Farmers , later. Figure 2-A presents an overview of the special estimated tax rules that apply to farmers. Gross income is not the same as total income shown on line 22 of Form 1040. Your gross income is all income you receive in the form of money, goods, property, and services that is not exempt from tax.