Posted 12/29/2007 22:52 (#270744 - in reply to #270704) Subject: RE: paying wages in grain
yes- we have a written agreement every yr, and the grain wages are listed in my w2's. any loss or gains are reported as capital losses or gains. our accountant used to work for the irs, so we do it how he says we should. it's kinda fun to make a little money on it - and some yrs I have lost some.