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Show Retirement plans offered to farmers Publication 225, Farmer's Tax Guide, for general information on the kinds of plans. Specific information infor-mation on setting up Keogh plans is found in Publication 560, Self-Employed Self-Employed Retirement Plans. IRAs and SEP plans are explained in Publication Pub-lication 590, Individual Retirement Arrangements (IRAs). These publications publi-cations can be ordered by calling 1-800-T AX-FORM (1-800-829-3676). OGDEN Several types of retirement plans allow the self-employed self-employed farmer and farm employees to set aside money for retirement. A self-mployed farmer can set up a self-employed retirement (or Keogh) plan, an individual retirement retire-ment arrangement (IRA) or a simplified employee pension (SEP). Farmer-employers may take a farm deduction, within certain limits, on Schedule F for contributions contribu-tions made to a plan for their employees. This includes contributions contribu-tions made for a spouse if a true employer-employee relationship exists ex-ists between the farmer and the spouse. A personal deduction is allowed on the farmer's Form 1040 for plan contributions made on hisher and a non-working spouse's behalf. When setting up a retirement plan, there are certain IRS qualifications qualifica-tions that must be met. See IRS |