Tax note for fishers, farmers
Farmers and fishers who chose to forgo quarterly estimated tax payments must file their 2018 1040 form along with a payment for all taxes owed by March 1, according to the Internal Revenue Service.
This special rule normally applies to taxpayers whose farming or fishing income was at least two-thirds of their total gross income in either the current or the preceding tax year.
Farmers and fishers choosing not to file by March 1 should have made an estimated tax payment by Jan. 15 to avoid a penalty.