Special Rules for Farmers, Fishermen & Merchant Seamen
If you meet either of the following tests, do not file this form; you do not owe an addition to tax.
- Your gross income from self-employment as a farmer, fisherman and/or being a merchant seaman is at least two-thirds of your annual gross income for the taxable year, AND
- You filed a Form 760, 760PY, 763 or 770 income tax return and paid the entire tax due by March 1, 2018.
If you meet Test 1 but not Test 2, use Form 760F, Underpayment of Estimated Tax by Farmers, Fishermen and Merchant Seamen, to determine whether you owe an addition to tax. If you do not meet Test 1, use Form 760C.
Select YES if you qualify as a farmer.