USDA announces last call for
producers to file AGI forms with the IRS
There are still some producers who must submit an Adjusted Gross Income (AGI) verification consent form (CCC-927 or CCC-928) to the IRS as soon as possible in order to maintain eligibility for 2009 and 2010 program benefits.
These producers were notified by letter last October.
The consent form authorizes IRS to verify for FSA whether a payment recipient's AGI meets the eligibility requirements for FSA programs.
The form became a requirement for payment eligibility beginning with the 2009 crop year, however many program participants have not yet submitted this form for 2009 and 2010 program benefits.
Those producers who failed to file these forms before September 2011 will receive a notice from FSA stating that the producer is ineligible for 2009 and/or 2010 payments.
The producer will be responsible for fully refunding all payments received under programs subject to AGI limitations.
These programs include, but are not limited to, DCP, ACRE, commodity grain loans, FSFLs, CRP, GRP, SURE, and MILC.
IRS requires written consent from all individuals or legal entities before verification of the average AGI can be provided to USDA.
Individuals must submit form CCC-927and legal entities must submit form CCC-928.
Without these forms on file, eligible producers will not receive USDA program payments.
These consent forms are required for payments received from the Natural Resources Conservation Service (NRCS) as well as those received through FSA.
Completed forms must be returned to the IRS.
For more information on AGI eligibility requirements, the AGI verification process, or to see if your name is on the list, contact the FSA county office that administers your farm(s).
Forms CCC-927 and CCC-928 are available at any FSA county office.
The deadline for 2010 production certification to comply with the ACRE provisions for production reports has been extended to COB September 1, 2011.
The extension is for completing both the farm benchmark yield (2005 through 2009) and the actual farm yield (2010).
Are you ready to receive your
So that payments can be sent as quickly and efficiently as possible, make sure we have your current address on file.
In particular, producers enrolled in Direct Deposit, make sure we have your current banking information on file.
It could take a week, or longer, to track down a payment that was sent to an account that had been closed.