Tax treatment of government cost-share payments

William C. Siegel

Treesearch

Tax treatment of government cost-share payments

Informally Refereed

Authors:

William C. Siegel

Year:

2005

Type:

Scientific Journal

Station:

Southern Research Station

Source:

National Woodlands, Volume 28(2): 22-24

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Abstract

Woodland owners who receive a cost-share payment from a federal or state government program generally must report the payment as part of their gross income. However, under the provisions of Section 126 of the internal Revenue Code, the recipients can then choose to exclude from their income all or part of such payments that meet two requirements.

Citation

Siegel, William C. 2005. Tax treatment of government cost-share payments. National Woodlands, Volume 28(2): 22-24