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April 5, 2023
Question

On the MIA page for farming. Top part says "Specified Animals" and bottom for optional inventory adjustments. I am confused to where should I place MIA for 2022?

  • April 5, 2023
  • 1 reply
  • 0 views
Basically I am just confused by application. When I open Mandatory Invenotory Adjustment for the farming activities, to top part of the page states Specified Animals MIA, but the bottom for Optional invenotory adjustment. 

I raise cattle, but they're do not fall under specified animals. I am just confused to where do I put my MIA for the year 2022 ?

    1 reply

    TurboTaxSusan
    April 10, 2023

    If your inventory is something other than a specified animal, you can enter your MIA amount in the line “All Other Inventory”, which is just above “Total Inventory”.