If you have net income from primary production business this year at B, take away the amount of your deferred non-commercial primary production business losses from a prior year shown at D. Write this amount at Y item P8 on your schedule. This is your total net income or loss from your primary production business.

Where Y is a negative amount, print L in the box at the right of the amount.

If you have a loss from primary production business this year at B, add it to the amount of your deferred non-commercial primary production business losses from a prior year shown at D. Write the amount at Y item P8 on your schedule and print L in the box at the right of the amount. This is your total net loss from your primary production business.

Note: If you have printed L in the box at the right of the amount at Y, you also need to complete items P3 and P9 on your schedule.

If you have net income from non-primary production business this year at C, take away the amount of your deferred non-commercial non-primary production business losses from a prior year shown at E. Write this amount at Z item P8 on your schedule. This is your total net income or loss from your non-primary production business.

Where Z is a negative amount, print L in the box at the right of the amount.

If you have a loss from non-primary production business this year at C, add it to the amount of your deferred non-commercial non-primary production business losses from a prior year shown at E. Write the amount at Z item P8 on your schedule and print L in the box at the right of the amount. This is your total net loss from your non-primary production business.

Note: If you have printed L in the box at the right of the amount at Z, you also need to complete items P3 and P9 on your schedule.

Add up the total net income or loss shown at Y and Z.

Write this amount at NET INCOME OR LOSS FROM BUSINESS, Totals column, item P8 on your schedule. Where the total is a negative amount, print L in the box at the right of the amount.

Transfer the amounts at Y and Z on your schedule to B and C item 14 on your tax return respectively.