We have farmed for 11 years now filing a schedule F each year. In 2022, we are considering taking the year off, but we may continue to farm in 2023. How do we treat our farm depreciation for the next 2 years? If we don't file a schedule F for 2022, can we continue to file for depreciation if we farm again in 2023?
What if we have a little income from USDA grants (I think they go on sched F) but a much higher amount of depreciation so that we have a large loss in 2022?
