That answer is incorrect. You don't need to file schedule T if you just have reforestation expenses. Input them under Business Deductions, Less Common Business situations. Program is supposed to limit the deduction to $10,000 and amortize the excess over 84 months. Apparently it did this correctly on the 2022 program but is not working properly in the 2023 program. It currently is just taking the full amount, even if is excess of $10,000, in error. I called Turbotax about this situation but the program has not been updated to calculate the deduction correctly. Told me to keep checking the updates but nothing has changed.
