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reporting income from sale of depreciated farm equipment
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Blusteryknollfarm
Posted 12/19/2024 09:41 (#11016684 - in reply to #11016352)
Subject: RE: reporting income from sale of depreciated farm equipment


North Central Illinois
jd4930 - 12/19/2024 06:40

I guess i don't really care to do my taxes per some one else's 'opinion'...........


That's why I read IRS pub. 225. My college degree is in mathematics so not unreasonable to read technical publications and understand them. Meanwhile I have NO formal education in mechanics or agronomy. I'm probably closer to having the training to be a CPA than a mechanic and it has been over a decade since I took a piece of equipment to a shop except for having parts refurbished by a machine or electrical shop...
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