Re: O/T Need Your Advice

Posted by Ray on April 23, 2005 at 11:36:59 from (216.255.36.60):

In Reply to: O/T Need Your Advice posted by Allan in NE on April 23, 2005 at 08:02:41:

You can be a full time farmer and still might not be able to file as a farmer if most of your income comes from off farm sources,I farmed 500
acres,my wife had a good job,plus some interest
and a little buying and selling and I can't file as a farmer.It depends on where your located,but here in ohio machinery is not taxed,How do they know you even own any? You can file as a farmer if you have trees,crp ground,ponds etc,it doesn't
have to be just tillage,you can then deduct,fuel,
parts,equipment,repairs,travel to auctions,your
vehicles etc as a farm expense.

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