2/ If you run a farm with the vague intent of making a profit, then the IRS will let you treat it as a biz, basically, w no incorporation.
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3/ This is true of other businesses too! You can sharpen chainsaw chains, or give piano lessons, or write code, without incorporating.
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What qualifies a farm? If I live in zoned residential can my farm also be my primary (small) property with 2 chickens and eggs for sale?
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IANA lawyer/accountant, but you can probably fill out a form F for your egg biz. Be v careful that your expenses are chicken-related only.
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yeah, I know it's a schedule F. That was the first tweet in the tweetstorm!
Thanks. Twitter will use this to make your timeline better. UndoUndo
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oh, oh, oh! I see. I was blanking; reading Form and Schedule as the same word.
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so it's a form. and it's "F". But it's "Schedule F that goes with FORM 1040". OK, got it!
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