Tobacco Buyout and Taxation

I have had several questions about taxation of Tobacco Buyout payments. Here are a couple of web sites with very useful information concerning Form 1099s received by former quota owners and producers. Believe it or not, there are people receiving these payments from every state, and living in many Ohio counties.

Also, an excellent site with recent information is:

http://www.uky.edu/Ag/TobaccoEcon/publications/Method2Report_Tobacco_Payments-Form_1099.pdf .

Leave a Reply

Your email address will not be published. Required fields are marked *