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taxes and horse sale income

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Jump to page : 		Last activity 2014-06-06 7:23 PM
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kw12
Reg. Jun 2014
Posted 2014-06-06 2:27 PM
Subject: taxes and horse sale income


boon


Posts: 2
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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?
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kwanatha
Reg. Dec 2003
Posted 2014-06-06 7:23 PM
Subject: RE: taxes and horse sale income


Meanest Teacher!!!


Posts: 8555
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Location: sunny california		profit
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