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Show Part-time Farmers Can Qualify For Social Security "You may be one of many who can qualify for social security and do not realize it," reports S. R. Bos.vc-11, Utah County Agent. Part-time farmers, regardless of their main occupation, earn social security credits ' on their farm earnings. Their farm earnings will be credited to their social security secur-ity number along with their earnings earn-ings from other sources to build these credits up to the maximum of $12,000. If you're a part-time farmer you should complete a 1010F to file with your regular income in-come tax forms by April 15. This reports your "net farm profit." Small farmers also qualify. This would include a farmer whose income in-come has never been high enough to require him to pay income tax. It would include a fai-m wife or widow who has an independent poultry project and who files an individual tax return. To qualify, your income must be "regular" farm income earned from producing and selling crops, livestock, or poultry. You must also al-so be the manager or operator of the unit or a partner in operating the unit. |