What fees are deductible with agrinvest? how do these deductions and expenses work when your farm is held in partnership?

Hi, thank you for using TurboTax AnswerXchange

AgriStability and AgriInvest Programs report income on a form T1163 or T1273 depending on the province the farm is located. There is a detailed discussion of reporting income and expenses available at the Canada Revenue Agency (CRA) at the following link:

https://www.canada.ca/en/revenue-agency/services/forms-publications/publications/rc4060/rc4060-05.html#expenses

Generally a partnership reports the total income minus expenses for the farm/business and the resulting net income is split and reported by each partner based on their percentage ownership. The above link has discussions for partnerships. Farms in a partnership maybe reported on a T5013 slip based on rules set by CRA :

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partnerships/t5013-partnership-information-return-filing-requirements.html

Hope this helps