Farm profits, losses, and net on Schedule F by gross farm income class, 2004

Bar chart with 4 items: Profits

Item 1, Under $50,000 1.198.
Item 2, $50,000 under $100,000 0.809.
Item 3, $100,000 or more 5.363.
Item 4, All farms 7.371.

Bar chart with 4 items: Losses

Item 1, Under $50,000 -14.725.
Item 2, $50,000 under $100,000 -1.601.
Item 3, $100,000 or more -4.284.
Item 4, All farms -20.61.

Net:

Item 1, Under $50,000 -13.5
Item 2, $50,000 under $100,000 -0.79
Item 3, $100,000 or more 1.08
Item 4, All farms -13.24

Source: USDA, Economic Research Service, using Federal income tax data from Internal Revenue Service.

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