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Get your taxes done using TurboTax
If you are using TT premier online, you will need to upgrade to Self Employed to get schedule F support.
Your breeding stock is entered as a business asset much the same as a tractor would be. In TT, there is a category specifically for breeding stock.
The cost of feed is an expense and entered in the year they were paid.
The loss of 5 lambs is just that. 5 less lambs to sell, there is no other entry in TT for a loss of raised farm products because you expensed the cost of raising them.
‎June 6, 2019
2:15 AM