Complete a sample state and federal income tax form.

Completion should include

• the most common state and federal tax forms related to an agricultural enterprise, an explanation of each, and basic differences among them
• terms used on agriculture, business, and employer tax forms
• common software tools to assist with accounting and taxes.

Process/Skill Questions:

• What is Form 1040, and when would it be used?
• What is Form 1040EZ, and when would it be used?
• How would a farm owner develop a tax management plan?
• How would one differentiate tax forms used in agriculture from standard tax forms?