Definition
This variable indicates the respondent's net pre-income-tax earnings as a tenant farmer, sharecropper, or operator of his/her own farm during the previous calendar year. This is the amount earned after subtracting farming expenses from gross receipts. Gross receipts include not only the value of farm products sold, but also those from government programs, renting out farm equipment, and the sale of any products from the farmland itself (such as gravel, sand, or wood). It excludes non-cash benefits (such as the free consumption of one's own farm products) and any income earned as an employee, which is contained in wage and salary income (INCWAGE).