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posted Mar 16, 2025 11:27:17 AM

i have a ranch and i need to file for form 1040 where do i add it. to put where i sold cows and how many loss we had in the year

we have a tax exemptions for agriculture and timber and as farmers or ranchers we have to add to the taxes.

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1 Replies
Level 15
Mar 16, 2025 11:29:53 AM

 

A 1040 is the tax return form you prepare here to send to the IRS.   If you start entering data in this software you are preparing a Form 1040.   Please look at it so you will know what you are sending to the IRS:

 

PREVIEW 1040

https://ttlc.intuit.com/turbotax-support/en-us/help-article/tax-return/preview-turbotax-online-return-filing/L77WCkvnu_US_en_US?uid=m681fkhr