Business Farm Supplement - iSites - colby 2025

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  1. Click ‘Get Form’ to open the Business Farm Supplement - iSites - colby in the editor.
  2. Begin by entering the student’s information, including name, date of birth, and social security number. Ensure accuracy as this data is crucial for processing.
  3. In the Parents’ Business/Farm Information section, provide details about the business or farm such as its name, type, and ownership percentage. Be sure to select the correct type of business from the options provided.
  4. Fill in income and expenses for each year requested. Use your IRS tax returns as a reference to ensure that all figures are accurate and complete.
  5. For assets and liabilities, report fair market values accurately. If you don’t file specific IRS forms, leave those columns blank as instructed.
  6. Review all entries for completeness before submitting. If any financial question does not apply, enter '0' instead of leaving it blank.

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