Dairy Farmers - DFA and DPAD

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  • JenMO
    Senior Member
    • Apr 2007
    • 974

    #1

    Dairy Farmers - DFA and DPAD

    8903 is in the program, I can put the DPAD on line 23, but where does it go from there? Is it still a deduction off the front page? (or whatever page the deducts are on now)
  • kathyc2
    Senior Member
    • Feb 2015
    • 1947

    #2
    Very limited circumstances where 8903 is still applicable. I suggest starting by reading instructions for the form.

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    • JenMO
      Senior Member
      • Apr 2007
      • 974

      #3
      I've read the form and everything I can google. Nothing is very definite. DPAD and QBI can both be deductions? Just need some dairy expertise

      Comment

      • WICPA
        Member
        • Jul 2017
        • 49

        #4
        I've read on it and it is still confusing! My answer is yes you can have DPAD from a Cooperative which is their QBI basically the "new" DPAD passed through and still have QBI but the deduction will now be limited.
        This sight might provide some help. https://www.calt.iastate.edu/

        Comment

        • Twin Turbo Z
          Senior Member
          • Feb 2014
          • 373

          #5
          Depends on the Co-ops prior fiscal years as to whether its claimed or not. The 1099patr and other documents sent to the taxpayer should explain the Co-ops taxing situation and if the Dpad (form 8903) is applicable.

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