cover image: F A R M E R S - The Vermont Legal

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F A R M E R S - The Vermont Legal

2 Jun 2020

ELIGIBILITY CHECKLIST I f app l y i ng f o r l ega l a ss i s t ance as a   f a rmer ,   y ou mus t check o f f e ach o f t he fo l l ow ing th ree boxes t o ensu re you mee t t he i ncome c r i t e r i a : The farm must have an annual revenue of at least $5,000 in 2020 Federal Poverty Level the prior tax year or have (FPL) Guidelines started operating within the last three years; and See below to. [...] If the business is co-owned, owners may satisfy our The farm’s net annual income income cap either if their joint must not exceed $30,000; and household incomes combined fall under the cap (accounting for the To determine your enterprise’s net number of persons in the total, now annual income, see line 34 on your combined household), or if each Schedule F (Form 1040) tax return. [...] The farmer’s annual household income must not exceed 400% Household size 400% FPL (in 2020) of the Federal Poverty Level. [...] If the income must not exceed $30,000; and business is co-owned, owners may satisfy our income cap if either To determine your enterprise’s net annual their joint household incomes income, reference the following:    combined fall under our cap Sole proprietorships or LLCs taxed as such: (accounting for the number of see line 31 on Schedule C (Form 1040); persons in the total, now combined Partner. [...] legalfoodhub.org legalhub@vermontlaw.edu F A R M - O R F O O D - R E L A T E D O R G A N I Z A T I O N The Vermont Legal Food Hub def ines a farm- or food- re lated organizat ion as: 1) a nonprofit operating in Vermont, whose primary purpose is to support farmers or food entrepreneurs (e.g., a trade association in support of farmers or a nonprofit food hub); or 2) a community group or association.
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Authors

Curtis Windsor

Pages
3
Published in
United States of America