Posted 2014-06-06 2:27 PM Subject: taxes and horse sale income
boon
Posts: 2
I know this closely relates to the other thread on here regarding farm income on taxes but didnt want to hijack that post. How does everyone on here that claims horse income on taxes report sales of horses for a profit? Is it claimed as capital gains on schedule c? If it is another question is how do you claim income when selling horses you have raised?Is that on schedule F?
taxes and horse sale income
