You must complete this worksheet if you received business or farm income from both inside and outside of Illinois. Use Schedule F (Form 1040) to report farm income and expenses.File it with Form 1040, 1040-SR, 1040-SS, 1040-NR, 1041, or 1065. Rather than just mentioning a form's title and source, the presenter could show the Illinois form itself and demonstrate where and how to search the databases. Begin writing your plan. After working on Steps 1 to 3 above, begin filling in the Simple Farm Business Plan Template. A good farm business plan is your roadmap to start-up, profitability, and growth, and provides the foundation for your conversation with USDA. Fertilizers. _. 3) In a period of declining farm prices, the manager could best maintain his labor income by. A. You must demonstrate that you have a good business reputation, a permanent business location, and have sufficient up to date books and records. The Down Payment Farm Ownership loan is the only loan program that does not provide 100 percent financing.