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KY

Kentucky Selling Farmer Tax Credit

Tax credit for selling agricultural assets to beginning farmers in Kentucky.

About this program

The Kentucky Selling Farmer Tax Credit encourages asset transfers to beginning farmers by providing an income tax credit to eligible sellers of agricultural land, livestock, facilities, or equipment.

Eligibility

Eligible sellers transferring qualified agricultural assets to approved beginning farmers.

Requirements

  • Buyer must qualify as a beginning farmer
  • Assets must meet program criteria
  • Apply through the Kentucky Agricultural Finance Corporation process