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April 11, 2025
Question

where do I find business deductions for farm equipment for small business?

  • April 11, 2025
  • 1 reply
  • 0 views
How do I deduct cost of tractor for my small forestry business?

    1 reply

    April 11, 2025

    You will enter it as an asset, not an expense. 

    To get there you will select the following:

    1. Business income and expenses
    2. I'll choose what I work on
    3. Start or update next to Business income and Expenses
    4. Edit next to your business profile
    5. Start next to Business Assets
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