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Schedule ND1FA North Dakota Office of State Tax Commissioner Calculation of tax under 3year averaging method for elected farm income 2009 Attach to Form ND1 Please type or print in black or blue ink.
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What is method for elected farm?
Method for elected farm is a form used by farmers to elect the method of accounting for their farming business.
Who is required to file method for elected farm?
All farmers who are engaged in a farming business are required to file method for elected farm.
How to fill out method for elected farm?
Method for elected farm can be filled out by providing information about the farming business and selecting the preferred method of accounting.
What is the purpose of method for elected farm?
The purpose of method for elected farm is to allow farmers to choose the accounting method that best suits their farming business.
What information must be reported on method for elected farm?
Information such as the farming business details, accounting method election, and any other relevant financial information must be reported on method for elected farm.
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