- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to calculate Farming Costs of Goods Sold Form1125-A
I have a Multi-member LLC Vegetable Farm and have completed Schedule F for the farming income and expenses. How does form 1125-A come into the picture? Is it needed? We dont keep inventory, what was picked was either sold or donated to a local food bank. I have the all of the details for the expenses related to COGS except labor. The only individuals that provided labor on the farm were the LLC members.
Topics:
March 3, 2021
10:30 AM