1/ I got a question about IRS form F and the US tax code. Pull up a chair, childrens!
4/ so, anyway, you bought 20 acres, and then you decide to start farming. So you buy a tractor for $20k. And you let a neighbor graze cows
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5/ so now you've got income of $100 (grazing rights) and expenses of $20k (tractor). Put both of those on IRS form F, and you've got
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6/ a biz loss of $19,900. You find that at the bottom of your form F, and transfer it onto your 1040. Let's say you also earn $100k as
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