Farming Income and the AgriStability and AgriInvest Programs Harmonized Guide – Table of contents
RC4408(E) Rev. 25
For AgriStability and AgriInvest participants in British Columbia, Manitoba, Newfoundland and Labrador, Nova Scotia, New Brunswick, Northwest Territories, and Yukon.
The term income tax return used in this guide has the same meaning as Income Tax and Benefit Return.
The CRA's publications and personalized correspondence are available in braille, large print, e-text, and MP3. For more information, go to Order alternate formats for persons with disabilities or call 1-800-959-5525.
This guide uses plain language to explain the most common tax situations. It is provided for information only and does not replace the law.
La version française de ce guide est intitulée Guide harmonisé des revenus d'agriculture et des programmes Agri-stabilité et Agri-investissement.
Unless otherwise stated, all legislative references are to the Income Tax Act or, where appropriate, the Income Tax Regulations.
The Canada Revenue Agency uses the term Indian as it has legal meaning under the Indian Act.
Table of contents
- Before you start
- What's new for 2025
- New filing deadlines for AgriInvest
- New filing deadlines for AgriStability for British Columbia
- Automobile deduction limits
- Critical mineral exploration tax credit and mineral exploration tax credit
- Capital cost allowance
- Accelerated investment incentive property and reaccelerated investment incentive property
- Enhanced first year capital cost allowance
- Changes to Class 43.1
- Chapter 1 – General information
- Chapter 2 – Your AgriStability and AgriInvest programs
- Participating in the programs
- Form T1273, Statement A – Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Individuals
- Form T1274, Statement B – Harmonized AgriStability and AgriInvest Programs Information and Statement of Farming Activities for Additional Farming Operations
- Completing the forms
- Participant information
- Other farming information
- Identification
- Chapter 3 – Calculating your farming income or loss
- Commodity and Program payment code lists
- Income
- Income from program payments
- Other farming income
- Summary of income
- Expenses
- Commodity purchases
- Repayment of program benefits
- AgriStability program – Allowable expenses
- AgriStability program – Non-allowable expenses
- Summary of income and expenses
- Partnership information chart
- Chapter 4 – Inventories, purchased inputs, deferrals, receivables and payables
- For AgriStability participants
- If the productive capacity of this operation decreased during the program year due to disaster circumstances
- Crop inventory valuation and productive capacity
- Livestock inventory valuation
- Livestock productive capacity
- Purchased inputs
- Deferred income and receivables
- Accounts payable
- Chapter 5 – Capital cost allowance (CCA)
- Chapter 6 – Farm losses
- Chapter 7 – Capital gains
- Find out what a capital gain is
- Find out what a capital loss is
- How to calculate your capital gain or loss
- Restricted farm losses
- Qualified farm or fishing property and cumulative capital gains deduction
- Real property or property included in Class 14.1
- Transfer of farm or fishing property to a child
- Transfer of farm or fishing property to a spouse or common-law partner
- Other special rules
- Information reporting related to reportable transactions and notifiable transactions
- Commodity list
- Program payment list A
- Program payment list B
- Inventory code list
- Regional code list
- Units of measurement code list
- Expense code list
- Productive capacity list
- Capital cost allowance (CCA) rates
- How to calculate the mandatory inventory adjustment (MIA)
- GST/HST rates
- Digital services
- For more information