I have a question concerning vehicles on a farm return

[Kellie418]

Concerning vehicles versus listed farm machinery, do you show a F-600 truck with a grain bed (over 13,000 lbs) under vehicles or under Assets, Farm machinery and Equipment Category?

[DanielV01 · Accepted solution]

It depends.  Usually a truck falls under the category of a vehicle.  However, the following types of vehicles are excepted from this listing:  (The following comes from IRS Publication 225, Farmer's Tax Guide, Chapter 7, regarding Equipment Depreciation):

Excepted vehicles. Other property used for transportation does not include the following vehicles.

• Tractors and other special purpose farm vehicles.

• Bucket trucks (cherry pickers), dump trucks, flatbed trucks, and refrigerated trucks.

• Combines, cranes and derricks, and forklifts.

• Any vehicle designed to carry cargo with a loaded gross vehicle weight of over 14,000 pounds. (Italics added.  If your vehicle fits this description, it is farm machinery and not a vehicle)

For more information, see chapter 5 of Pub.

946