Website Main Page
Forum Main Page

Welcome, Guest. Please login or register.
May 17, 2024, 05:44:17 AM

Login with username, password and session length
Search:     Advanced search

Thank you for making us one of the highest ranking gamebird sites on the internet!
42420 Posts in 6016 Topics by 2375 Members
Latest Member: jg102
* Home Help Search Calendar Login Register
+  That Quail Place Forum
|-+  Production and Business
| |-+  Gamebird Business Aspects
| | |-+  Uncle Sam & Tax Time
« previous next »
Pages: [1] Go Down Print
Author Topic: Uncle Sam & Tax Time  (Read 2974 times)
Bird Brained
Expert Member
*****

Karma: 104
Offline Offline

Posts: 218


« on: February 17, 2007, 06:30:39 PM »

Being it's that time of year....I'm curious how everyone claims their gamebird business on taxes.

1) Do you claim it as hobby (line 21 form 1040 for income & schedule A under misc itemized deduction for expenses)

2) Do you claim it as business (form 1040 schedule C)

3) Do you claim it as Farm (form 1040 schedule F)

Any conclusions you made to go the direction you did, please provide a short elaborate of why one over the others.

Logged
Pages: [1] Go Up Print 
« previous next »
 

Powered by MySQL Powered by PHP SMF 2.0.15 | SMF © 2017, Simple Machines Valid XHTML 1.0! Valid CSS!