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Kellie418
New Member

I have a question concerning vehicles on a farm return

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?

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DanielV01
Expert Alumni

I have a question concerning vehicles on a farm return

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

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1 Reply
DanielV01
Expert Alumni

I have a question concerning vehicles on a farm return

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

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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