Exhibit 7
(Par. XXX, XXX)
* -- Instructions for Completing FSA-892, REQUEST FOR AN EXCEPTION TO THE 2017 WHIP PAYMENT LIMITATION FOR $125,000.
A Completing the FSA-892
A manual FSA-892 is an optional form for all applicants. The applicant completes this form to request an exception to the $125,000 payment limitation. 2017 WHIP payments are subject to $900,000 payment limitation if the applicant can prove 75% of their adjusted gross income (AGI) is derived from farming, ranching, and forestry and a CPA or attorney provides certification of compliance.
Notes: This form is:
only used for WHIP
not required for general partnerships or joint ventures, but must be completed by each member of a general partnership or joint venture.
Follow this table to complete a FSA-892.
Item  | 
			Instructions  | 
		
1  | 
			Enter the name and address of the FSA county office or USDA service center where the completed CCC-892 will be submitted.  | 
		
2  | 
			Enter the person’s or legal entity’s name and address.  | 
		
3  | 
			In the format provided, enter the complete taxpayer identification number of the individual or legal entity identified in item 2. This will be either a social security number or taxpayer identification number.  | 
		
4  | 
			Select the appropriate check box – 4A if the applicant is requesting a $900,000 payment limit and meets the criteria. Or 4B if the applicant does not want the $900,000 payment limit.  | 
		
5  | 
			Read the acknowledgements, responsibilities, and authorizations, before affixing your signature. (Individual or Entity)  | 
		
6  | 
			Enter the title or relationship to the legal entity identified in Item 2.  | 
		
7  | 
			Enter the signature date in month, day and year.  | 
		
8  | 
			Read the acknowledgements, responsibilities, and authorizations, before affixing your signature. (CPA or Attorney Only)  | 
		
9  | 
			Identify as applicable Certified, Public Accountant (CPA) or Attorney.  | 
		
10  | 
			Enter applicable State you are licensed to practice in, followed by your associated individual license number.  | 
		
11  | 
			Enter the signature date in month, day and year.  | 
		
Exhibit 7
(Par. XXX, XXX)
*-- Instructions for Completing CCC-891, PAYMENT LIMITATION REQUEST
B Example of the Completed CCC-892
| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document | 
| Author | Ramsburg, Brittany - FSA, Washington, DC | 
| File Modified | 0000-00-00 | 
| File Created | 2021-01-20 |