I paid sales tax on some items used for my farm. Do I include the tax as part of the cost of my items on my schedule F?
I paid sales tax on some items used for my farm. Do I include the tax as part of the cost of my items on my schedule F? Basically, just lump the tax in as the final cost of the item?
01359
1 Best answer
JohnW15
Intuit Alumni
Jun 1, 2019 3:19:04 PM
Yes -- include your sales tax in the cost of the items. You have it exactly right.
1 Replies
JohnW15
Intuit Alumni
Jun 1, 2019 3:19:04 PM
Yes -- include your sales tax in the cost of the items. You have it exactly right.