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leebob
New Member

where do I find business deductions for farm equipment for small business?

How do I deduct cost of tractor for my small forestry business?
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1 Reply
Vanessa A
Employee Tax Expert

where do I find business deductions for farm equipment for small business?

You will enter it as an asset, not an expense. 

To get there you will select the following:

  1. Business income and expenses
  2. I'll choose what I work on
  3. Start or update next to Business income and Expenses
  4. Edit next to your business profile
  5. Start next to Business Assets
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