My cows died so I had no income or expenses on my farm, do I need to show this somewhere on my taxes?

If you have no income or expenses to report for your farm, then you do not need to report anything on your return.

If your cows died in 2019, you can take a deduction for the cows if you purchased the cows.

To report the loss from the cow you would go to Farm Income and then Livestock, grain, produce, customer work, co-ops and select Start or Update.  In this section you would indicate zero in the box by "Sales of Livestock and Other Items Bought for Resale".

In the box for "Cost of Items Bought for Resale" you would include the purchase price of the cow that died.  This will give you a reduction in income for the death of the cow.

If the cows were born from other cows you had, then you cannot deduct the loss.

@cowgirlbpo