I am at the farm income section > Farm Asset Summary in TurboTax. I paid $3,000 for fence work last year, which involved tearing down my old fence and putting up a new one.
In the section "Describe This Asset", what category does this fall under?
For now, I'm putting this under "Intangibles, Other property." But I'm not sure.
Farm Equipment, Animals, Agriculture
Tools, Machinery, Equipment, Furniture
Real Estate Property
Intangibles, Other Property
