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tchauvin74
New Member

Where on a Farm Schedule F do I report loss of cows? We had 4 cows die this year.

 
1 Best answer

Accepted Solutions
TaxGuyBill
Level 9

Where on a Farm Schedule F do I report loss of cows? We had 4 cows die this year.

If they were born on the farm, there is nothing to deduct.

They were born on the farm, so you paid $0 for them.  You can't deduct something that was never paid for.


If you had bought them, then they should be treated as depreciable "Assets", and you would go into that "Asset" to tell the program about the loss of that Asset.

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3 Replies
Critter
Level 15

Where on a Farm Schedule F do I report loss of cows? We had 4 cows die this year.

Were they purchased and listed as assets?   Or were they born on the farm?
tchauvin74
New Member

Where on a Farm Schedule F do I report loss of cows? We had 4 cows die this year.

Born on farm
TaxGuyBill
Level 9

Where on a Farm Schedule F do I report loss of cows? We had 4 cows die this year.

If they were born on the farm, there is nothing to deduct.

They were born on the farm, so you paid $0 for them.  You can't deduct something that was never paid for.


If you had bought them, then they should be treated as depreciable "Assets", and you would go into that "Asset" to tell the program about the loss of that Asset.

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