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March 27, 2025
Question

Cattle Grazing

  • March 27, 2025
  • 1 reply
  • 0 views

I own 1,000 acres of land I lease to cattle rancher for cattle grazing.

1- I'm not sure I got paid correctly. 

2- I've posted this in Turbo Tax in Ranch income in past years. 

 

$20 month per pair 

$1.50 per day per pair 

39 pairs

104 days 

 

39 pairs x $1.50 = $58.50 x 104 days = $6,084.   

 

I'm not seeing where the $20 month figure was included.  

 

Thanks, 

 

 

 

    1 reply

    March 27, 2025

    Do you not lease for the entire year?  Only 104 days?

    When you say you did not get paid correctly, are you saying the rancher did not pay you correctly?  Or are you saying that TurboTax is not including something correctly?


     

     

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