Section 180 permits landowners who use their property for production ag to deduct the costs of fertilizers and soil conditioners, such as lime, potash, and other nutrients, rather than capitalizing these expenses. Traditionally, these costs would be spread out over several years as capital expenses. However, Section 180 allows for immediate deduction of these expenditures in the tax year they’re incurred, effectively reducing the taxable income of the landowner. See how The Agronomic Consulting Group can help you with the Section 180 tax deduction.