How do I determine how much I can deduct? The laptop is a few years old. (Note: I have not yet downloaded TurboTax, so I haven't looked at the form yet)
A followup question . . .TurboTax asked for the K-1 as a business expense. As an inheritance from a trust that we sold right away, should this go in as business...
Thanks Cindy. I knew that income would eventually end up on my taxes. The question is really, does the farm need to be reported _yet_. Dad died late in the year...