Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 5, 2019 4:31:04 PM

Where do I deduct the cost of new pecan trees for my orchard. There is not much guidance on agriculture. I purchased $8,000 new trees last year to add to the orchard,

I have a pecan orchard and apiary.  I expanded my orchard last year by 10 acres and added 120 new trees.  How do I deduct the costs of the new trees

0 1 1753
1 Replies
Not applicable
Jun 5, 2019 4:31:05 PM

fruits or nut trees and vines. Depreciate trees and vines bearing fruits or nuts under GDS using the straight line method over a recovery period of 10 years. from irs pub 946