When is a Farmer Not a Farmer? Tax Court Case Highlights Complexity in Federal Tax Law

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conservation easement case

Image includes aerial photo of Bloomfield Farm in Queen Anne’s County, Maryland.  Aerial photo is by Chesapeake Bay Program

In this episode, Paul discusses a recent tax court decision, Rutkoske v. Commissioner, that disallowed two brothers from taking 100 percent deduction for a charitable donation of a conservation easement.  The brothers, in this case, had income from the sale of the farmland in question and from a sale of the conservation easement.  That income did not count towards the gross farm income but towards gross other income.  The brothers could only claim 50 percent of the charitable donation.  Materials discussed in this episode:

If you have questions for Paul contact him at lgoering@umd.edu, tweet him @aglawPaul or 301-405-3541.

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