2018 Timber Tax Tips

The U.S. Forest Service has released the 2018 Tax Tips for Forest Landowners.  The Federal income tax provisions that apply to timber have changed for the 2018 tax year from the December 2017 new tax legislation.

To help family timber owners, foresters and their tax preparers in filing their 2018 tax returns, this bulletin provides income tax guidance that is current as of September 30, 2018.

Share these with your accountant!