We have 4H animals for our grandkids on our farm which we file as sole propriortorship. Do we consider the money we spend on these animals against our business?

Or do we do as a gift or donation?

posted

You cannot claim the animals you gave to your grandchildren as a donation; gifts to individuals are not deductible.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

In the Car and Truck Expenses Worksheet, the Percent of business use (line 9) is computed incorrectly.

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We have 4H animals for our grandkids on our farm which we file as sole propriortorship. Do we consider the money we spend on these animals against our business?

We have 4H animals for our grandkids on our farm which we file as sole propriortorship. Do we consider the money we spend on these animals against our business?

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We have 4H animals for our grandkids on our farm which we file as sole propriortorship. Do we consider the money we spend on these animals against our business?

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We have 4H animals for our grandkids on our farm which we file as sole propriortorship. Do we consider the money we spend on these animals against our business?

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