Hello,
My mother has 8-cows and 1-bull, and she sells approximately 8-calves each year that she sells. She has depreciated all farm equipment years ago, so her Schedule F is fairly basic. My mother is 88 years old and I live with her, take care of her cattle, and file her taxes. She would like to have me take over the cattle. Can I stop filing the schedule F under her and begin filing it under me or is this process much more complicated.
Thank you for your help!
